1 August 2019
Currently around one-third of private dwellings in NSW are rented. In the past, renters were primarily young people who rented for only a short time. However, more people are now renting for longer and families and older people are making up a larger portion of tenants. With this continuing growth and variation to the tenancy demographic, it is increasingly important that there is in place a modern and efficient regulatory system for residential tenancies that is responsive to the needs of the community. A draft Residential Tenancies Regulation 2019 (the Regulation) and accompanying Regulatory Impact Statement are now available for public consultation. The proposed Regulation supports the Residential Tenancies Act 2010 (the Act).