Pet Bonds, are they necessary?
If the regulators introduce a pet-bond, why not balance this by also introducing: a child-bond, cooking bond and should we also ask for a party-bond?
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Failed off-the-plan apartments ‘second-hand’
GOOD news on prices can be hard to come by for property buyers trying to break into the market. But a ruling by the tax office could offer a glimmer of hope to locals wanting to buy an off-the plan apartment by putting them off-limits to overseas investors.
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Report on tenancy law review released
Improvements to tenancy laws have been identified in a new report tabled in the NSW Parliament. The report on the statutory review of the Residential Tenancies Act 2010 details findings…
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Apartment dwellers lose out as Airbnb here to stay, court rules
People living in apartments will not be able to stop other landlords renting their properties on Airbnb to short term tenants, a landmark Supreme Court decision has found.
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Short-term letting reforms in wake of Airbnb eviction
After a Victorian landlord successfully appealed to have her tenants evicted for breaching a lease agreement by subletting through online platform Airbnb, the NSW government is holding an inquiry into the regulation of short-term holiday letting.
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Landlord appeals recent VCAT ruling on sub-letting via Airbnb
The legal status of Airbnb listings has been challenged in the Supreme Court of Victoria, with a landlord arguing her apartment was illegally sublet through the site.
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$100,000 fine for running secret hostel in Sydney supermarket
When City of Sydney’s anti-illegal rentals task force looked behind the scenes of a low-rent supermarket in the city’s centre, rather than cans of food and crates of produce, they found a store room set up with four bunk beds.
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Largest annual falls in advertised weekly rents
With combined capital city weekly rents falling by -0.2% over the past year, we take a look at the capital city suburbs that have recorded the largest falls in weekly advertised rents over the past year.
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Child Window Safety
About 50 children fall from windows or balconies in Australia each year, a report compiled over a 10 year period by The Children’s Hospital at Westmead stated.
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Westpac withdraws from real estate lending to foreigners
Westpac Bank and its subsidiaries are no longer lending money to foreigners wanting to buy residential property.
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