Monthly Archives: April 2020

NSW Community Housing keen for lease extensions

As reported by the Australian Financial Review, the NSW government is giving community housing providers more opportunity to raise funds against the expected revenue streams of the homes they manage by lengthening the terms of lease from 3 years up to 20 years. The state Land and Housing Corporation is reported to be providing the […]

COVID-19 National Land Use Planning commitment

The Australian Government Minister for Cities, the State and Territory Planning Ministers, and President of the Australia Local Government Association, agree planning systems and the development approvals pipeline in Australia must continue to function during the COVID-19 crisis so that jobs and businesses can be maintained at this critical time and that the system supports […]

ABS Building Activity and rental policies spur Build to Rent options

ABS Building Activity figures released this week show an elevated number of new homes completions coming through the pipeline that will be hitting the market in 2020, and a decline in commencement activity at the end of the December quarter. These ABS figures reveal that elevated residential completion levels of 203,536 completions to 31 December […]

Around the Country – State COVID Rental Policies

As at 17 April NSW Residential tenancies relief Forced negotiation: Yes Tax relief for landlords: Yes In a move to further stabilise the position of lessors and lessees, the New South Wales Government has announced $220 million in relief for residential renters and landlords affected by Government-enforced COVID-19 restrictions. This is the first allocation in […]

NSW Residential tenancies relief announced

In a move today to further stabilise the position of lessors and lessees, the New South Wales Government has today announced $220 million in relief for residential renters and landlords affected by Government-enforced COVID-19 restrictions. This is the first allocation in the State to residential renters — a group that had yet to receive financial […]