The Real Estate Institute of NSW (REINSW) has revealed another under-handed NSW Government plan to charge property owners more to offset increasingly “unaffordable” insurance costs says REINSW CEO Tim McKibbin.
Easier access to Residential Tenancy Support Package Rebates
The NSW Government has made the Residential Tenancy Support Package more accessible from today, with COVID impacted tenants now able to apply directly for a rebate of up to $4,500, as long as their rent has been reduced by at least that much.
REINSW: COVID Recovery Bill amounts to passing the buck
Throughout the pandemic, landlords have provided support for tenants unable to pay rent and now, despite the NSW Government again claiming it is supporting tenants and landlords, the COVID Recovery Bill instead leaves both hanging out to dry, says the Real Estate Institute of NSW (REINSW).
NSW government steps in to buy Fernhill, historic Blue Mountains estate
After a public outcry over plans to convert the historic Mulgoa estate into a cemetery, the New South Wales government has stepped in and bought Fernhill for $27.5 million.
Agents are seeing vendors selling around the $650,000 and $800,000 price points asking to list their homes for slightly more, given that first home buyers will soon have more to spend, says Douglas Driscoll, CEO of Starr Partners.
Attributing blame to a select group for the housing crisis is unfair, especially since this minority group consists of hard-working individuals who have done nothing more than use tax laws commonly deployed by most taxpayers.
