POANSW submission on the Proposed New Housing Diversity SEPP: Explanation of Intended Effect. September 2020

POANSW  endorses a regulatory system that encourages and supports all housing suppliers, both large and small, to meet the ongoing changes in demand for housing in NSW. But we are concerned that the Proposed Diversity SEPP, while conceptually a step in the right direction, will fail to encourage market supply to deliver ‘riskier’ diverse housing…

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COVID-19 Tenancy Laws Update

The NSW Government is introducing an interim 60-day stop on landlords seeking to evict tenants due to rental arrears as a result of COVID-19, together with longer six month restrictions on rental arrears evictions for those financially disadvantaged by COVID-19. This is not law as yet ,merely principles for landlords and tenants to follow, but…

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Moratorium on Tenancy Evictions Commence

Another week has passed and there has been further updates to the impact on our industry. The Residential Tenancies Amendment (Covid-19) Regulation 2020 commenced 15 April 2020. The Regulation implements the moratorium on tenancy evictions for rental arrears due to a tenant being financially impacted by COVID-19. It also extends the eviction notice periods in…

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What if tenant wants to stop paying rent

If you have commercial or retail tenants asking for rent reductions or want to stop paying rent, you should ensure that you: guide them to all available support measures for their business ask them to provide evidence that they are seeking relief from government announced programs, utility companies, their bank, and the like ask them…

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New Short Term Holiday Letting Regulations to Commence

Changes to the Strata Schemes Management Act 2015 (NSW) will commence on 10 April 2020, allowing the passing of by-laws by Special Resolution that prohibit short-term rentals where the lot is not the host’s principal place of residence. That is, investment lots. Below is an extract from the Strata Management Amendment Act outlining this: 137A…

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