Residential Tenancies Amendment Bill 2024: Update

The Residential Tenancies Amendment Bill (the Bill) was passed in Parliament On 24 October 2024, introducing amendments to the Residential Tenancies Act 2010.

Though the passing of the Bill was significant, the proposed changes have yet to come into effect yet. The NSW Government will engage the next phase of developing and implementing new regulations which will provide more guidance on how the new laws will work in practice.

What does the Bill change?

The key changes proposed in the Bill include:

• Limiting rent increases to once a year;
• Banning background check fees for rental applicants;
• Requiring landlords to give a reason for ending a tenancy;
• Making it easier to have pets in rental homes; and