After several weeks of negotiations between the Federal Government and the Individual State Governments it was decided to allow each state to set their own rules for Residential Tenancies during the COVID-19 pandemic. The NSW Government has passed its amendments and the following is a brief breakdown. New Changes Commenced on 15 April 2020. The.
The new residential tenancy laws came into play Monday 23 March 2020. In this second article of our 2-part series, we take a further look at what has changed and highlight some key areas of interest within the sections. To see all the changes, visit the NSW Fair Trading website*. New information to be disclosed.
On the 23rd March 2020, the new residential tenancy laws will begin. The aim of many of these changes is to reduce disputes over repairs and maintenance, increase protection and certainty for tenants, and clarify the rights and obligations of both tenants and landlords. Many of these changes apply only for all new tenancies and.
With the Reserve Bank of Australia (RBA) cutting the cash interest rate to a record low of 0.5%, we suspect there are going to be some great mortgage deals around in the next few months. Now really is the time to think about buying an investment property! Take a look at your finances and get.
Thinking of diversifying your property portfolio? Commercial property might be an avenue worth exploring. Commercial property does offer some great returns and while commercial property leases do often take a bit of negotiation as there are more points to consider compared to a residential lease, commercial leases tend to be for much longer; in fact,.
Capital gains tax are three words no property investor likes to hear, but unfortunately, as an investor, it’s something you do need to consider. There is legislation you need to be aware of if you’ve lived in your property and then rented it out for an extended period. Current legislation for Australian residents living in.
After months of dedicated hard work and listening to what our clients want, we’re excited to announce that our new and refreshed website is live! First and foremost, you’ll notice the new layout. Whether you’re a property owner or tenant, the new layout is easy to navigate; our property listings now include price and date.
If you’ve ever been a tenant, you know there are good landlords but there are bad landlords. Being a good landlord isn’t actually that hard, particularly if you use an agent to guide you through the process. Here are some of our tips to set you on your way to not being just a good.
Where would you like to be in 10 years’ time? Working as hard as you are now, or looking at stepping back a bit so you have more time to enjoy with family or friends, or your hobbies and interests? We haven’t just entered into a new year, we’ve entered into a new decade, so.