EPISODE · Apr 11, 2024 · 5 MIN
Sue Harrison and Luke Somervell: Property Investors Federation President and Renters United spokesperson on the Government's changes to rental laws
from Best of Business · host Newstalk ZB
Housing Minister Chris Bishop has confirmed a suite of changes will be made to the Residential Tenancies Act. A bill being introduced to Parliament will bring back 90-day no-cause terminations for periodic tenancies, which were removed by Labour last term. Property Investors Federation President Sue Harrison says the return of no-cause rental terminations can mitigate the harm of taking on risky tenants. "We desperately need more rentals in this country, 85 percent are in private hands. And we desperately need to be able to keep that number going- there's no other way of replacing those homes." On the other hand, Luke Somervell from Renters United is concerned these changes will create extra difficulty for renters. "The situation for renters is already about as dire as it gets, and everyone has a right to a decent roof over their head. And I'm really worried that this policy is just going to make renting less secure, less safe and less fair." LISTEN ABOVE See omnystudio.com/listener for privacy information.
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Sue Harrison and Luke Somervell: Property Investors Federation President and Renters United spokesperson on the Government's changes to rental laws
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