Property Council Chief Exec: Rent arbitration 'totally out of the blue'

Author
Newstalk ZB,
Publish Date
Tue, 28 Sep 2021, 6:52PM
(Photo / Getty)
(Photo / Getty)

Property Council Chief Exec: Rent arbitration 'totally out of the blue'

Author
Newstalk ZB,
Publish Date
Tue, 28 Sep 2021, 6:52PM

No notice, no consultation. The government has announced commercial landlords and tenants will have to go to arbitration if they can't agree on fair rent. 

Justice Minister Kris Faafoi announced the changes will be effective from today. The Property Council is calling this a kick in the teeth. Chief Executive Leonie Freeman says this is totally out of the blue. 

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