What's On

The Times Real Estate

.

  • Written by ACT Government

Released 15/04/2020 - Joint media release

The ACT Government will be providing information to tenants, landlords and real estate agents to help all parties understand their rights and obligations during this difficult and uncertain period.

The Government has committed to implement a six-month moratorium on rental evictions for tenants suffering significant financial hardship as a result of COVID-19, as agreed by all State and Territory leaders at the National Cabinet.

Significant financial subsides are available for landlords to support a reduction in rent for tenants impacted by measures to slow the spread of the virus.

This additional information has been designed to inform all parties of what is and what is not acceptable behaviour if a tenant is unable to make rental payments due to the impact of COVID-19.

“We understand this is a difficult time for many Canberrans, particularly those that have suffered a significant reduction in their income. Like all Government’s around Australia, we are committed to ensuring Canberrans and local businesses that are struggling financial are not unfairly kicked out of their property,” Attorney-General Gordon Ramsay said.

“However, this isn’t a licence for tenants to completely forgo their rental obligations. If you can continue to pay your rent, then you will be required to continue doing so.

“This information should help parties understand their rights and obligations as the ACT Government works with other State and Territory Governments to finalise regulatory frameworks for residential tenancies and the six-month moratorium on evictions.

"The ACT Government will also move to prevent any ‘blacklisting’ occurring if a tenant has lost income as a result of COVID-19.

“All parties need to come to the table if their living situation has been disrupted due to the financial impacts of the COVID-19 pandemic.”

Rent Reduction Rebate

To be entitled to this rebate, Landlords must reduce tenants rent by at least 25 per cent for up to six months. The government will match 50 per cent of the rent reduction to a maximum of $2,600 over six months or $100 per week. The government’s share of the rent reduction will be provided to landlords through a rebate.

Moratorium on evictions, blacklist preventions and temporary freeze of rental increases

The ACT Government is also preparing regulations to support any tenant under financial duress due to COVID-19 including a short-term moratorium on evictions, temporary freeze of rental increases and prevention of ‘blacklisting’ as a result of being unable to pay rent.

Rent payment freeze agreement

Additionally, parties may reach an agreement to delay rental payments if a tenant is not earning income. Any outstanding rent during this period will be a debt owed to your landlord. However, this debt will not accrue interest for the period of any moratorium.

The ACT Government intends to have a regulatory framework on residential tenancies finalised in the near future and fact sheets will be updated accordingly.

For information on your rights and obligations during this period visit: https://www.covid19.act.gov.au/resources

If tenants need legal advice in relation to their living situation, they should contact ACT Legal Aid on 1300 654 634.

- Statement ends -

Section: Andrew Barr, MLA | Gordon Ramsay, MLA | Media Releases

«ACT Government Media Releases | «Minister Media Releases

Read more

About Australia

Which Metal Is Most Durable for an Engagement Ring?

The metal you select for your engagement ring plays a major role in how it looks, feels, and perform...

20 Essential Tasks to Take Care of Before Moving Interstate

Key Takeaways Planning well in advance can make an interstate move far more manageable and reduce...

How to Get the Best Deals on Caravans in Sydney

Purchasing a new caravan represents a significant financial commitment, and getting the best possi...

How to Get the Most Out of Your Marquee Event

Planning an event can feel exciting in the beginning, but as the details start to build, it can quic...

Looking to Move House Soon? Do This First.

Moving house often seems straightforward at first. Then the packing begins, cupboards are emptied...

Saving and Restoring Your Smile with Modern Dental Treatments

Tooth damage and decay are common dental concerns that can affect people of all ages. When left untr...

Transforming Smiles with Modern Cosmetic Dentistry in Brisbane

A confident smile can have a powerful impact on both personal and professional life. It influences h...

How to Choose the Best Family Off Road Caravan for Australian Travel

Travelling across Australia as a family places unique demands on any caravan. Rough roads and chan...

Electric Vehicle Charging 101: A Beginner’s Manual

Charging an electric vehicle is no more complicated than plugging it in and letting the vehicle ta...

The Hidden Ways Termites Invade Australian Properties

In many situations, termites enter Australian properties without being detected. Their activity us...

The Value of Craftsmanship for Luxury Home Builds

Building a luxury home is a complex undertaking that involves many important choices. Homeowners w...

Accounting Errors That Can Drain Your Business Finances

Strong financial management plays a central role in the long-term success of growing businesses ac...