Rental Reforms

Heavy fines, pet bidding as investors exit NSW rental market

By Emilie Lauer New state rental reforms have taken effect, with real estate agencies now facing fines of up to $71,500 per offence for non-compliance as investors continue to exit the market.NSW’s new rental laws have come into effect across the state, further pressuring the market as industry peak bodies brace for tighter rental vacancy, investor withdrawals, and increased rent bidding. READ...