Queensland and the Proposed Rental Reforms

The rights of renters and property owners in Queensland are set for an overhaul this year, rounding out state government rental reforms across the eastern seaboard.

In 2018, both the Victorian and NSW governments agreed to changes to their respective residential tenancies acts, with the ACT following soon after. Now Queensland has joined the party.

Victoria’s proposed reforms were first announced in late 2017 and focused on strengthening tenant’s rights, with a view to providing them with a sense of support and security, which will start on 1 July 2020.

The changes in NSW aim to reduce disputes over repairs and maintenance; increase protection and certainty for tenants; clarify the rights and obligations of tenants and landlords, and improve transparency between the two parties. These
changes come into effect on 23 March 2020.

The proposed reforms in the Sunshine State follow a government-led, state-wide consultation process. Renters, landlords and real estate agents were contacted for their views on how the market is changing and how well the system is working. The proposed reforms were released in mid-November 2019.

Queensland Minister for Housing and Public Works said the consultation reflected a national trend for greater housing affordability. Similar to questions asked of residents in other states, the Queensland consultation asked for sentiment about a range of issues, including security of tenure, no grounds evictions, minimum standards and accommodation for family pets.

The proposed reforms in Queensland focus on five main priority areas:

  • Ending tenancies fairly
  • Housing quality and minimum housing standards
  • Domestic and family violence protections
  • Minor modifications
  • Renting with pets.

The Real Estate Institute of Queensland (REIQ) has expressed strong opposition to the proposed reforms.

According to an REIQ statement, if enacted, the law change will “erode” fundamental landlord rights and deter property investment in Queensland.

“Under the reforms, landlords will see their fundamental rights eroded, making property investment far less appealing, and as a result, we’ll almost certainly see investment levels drop,” REIQ CEO Antonia Mercorella says.

“These proposed rental reforms represent the most significant changes to tenancy laws in Queensland’s history.

“On its face, the government may think it is protecting tenants but, in reality, we are likely to see housing supply reduce. There will be no winners.”

The Queensland government hopes to pass stage 1 of the reform process in 2020. Stage 2 is not expected to be rolled out before the end of next year and will look at inspections, rental bonds, rent and longer-term leases.

Resource

Second Resource

It seems that these laws will pass through a Labour controlled parliament and come into law.

If you have any questions we will try to answer them, but we’re all in the same boat and learning on the go. We will use all our resources to stay on top of these proposed changes and ramifications, passing any information on to you.

If you have a property in Brisbane that you would like to consider engaging a new property management team for, please feel free to contact Paul Tooze directly on 0414 037 007 or the friendly team at All Properties Group (07) 3800 0988.

For more great articles click here