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Rental Panel: What do we make of the Government's changes?

Author
Newstalk ZB,
Publish Date
Thu, 11 Apr 2024, 7:29PM
Photo / Getty Images
Photo / Getty Images

Rental Panel: What do we make of the Government's changes?

Author
Newstalk ZB,
Publish Date
Thu, 11 Apr 2024, 7:29PM

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."

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