Under regulations coming into effect on Saturday, agents are barred from asking tenants to offer higher rents
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Tenants groups are calling for landlords to be banned from accepting offers for rentals higher than the advertised rate after the New South Wales government announced plans to outlaw rental bidding.
The change announced on Monday will bring NSW into line with Victoria, Queensland and Tasmania, where attempts have been made to stamp out a practice that sees landlords or agents invite or suggest prospective tenants to increase their offer of rent to be the successful applicant.
Continue reading…Under regulations coming into effect on Saturday, agents are barred from asking tenants to offer higher rentsGet our morning and afternoon news emails, free app or daily news podcastTenants groups are calling for landlords to be banned from accepting offers for rentals higher than the advertised rate after the New South Wales government announced plans to outlaw rental bidding.The change announced on Monday will bring NSW into line with Victoria, Queensland and Tasmania, where attempts have been made to stamp out a practice that sees landlords or agents invite or suggest prospective tenants to increase their offer of rent to be the successful applicant.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…