Rental Boost for Victorian Tenants and Landlords
Victorian tenants and landlords have received a welcome boost after the state government announced it would be extending its rental support package.
The Victorian Government has promised to extend the ban on rental increases as well as residential evictions until 28 March 2021 in a bid to help those struggling financially.
Premier Daniel Andrews said:“We know there are plenty of Victorians doing it tough right now – the last thing they need to worry about is whether they can keep a roof over their head.”
The application deadline for rental relief grants has also been pushed back until the same date, giving those enduring hardship one less problem to worry about for the time being.
With an extended timeline and expanded eligibility for rental help, it means a little less stress and a little more certainty for tenants.
Premier Daniel Andrews
Tenants and landlords are encouraged to continue to try and resolve tenancy issues amicably, with 32,000 rental reductions already agreed since April.
Treasurer Tim Pallas said:“We’ve continued to listen to residential renters and landlords during this challenging time and we’ve taken steps to provide even more certainty and support into 2021.”
Minister for Consumer Affairs Melissa Horne said: “This extension will help to alleviate those very real concerns of residential tenants who are financially struggling due to the economic impacts of the pandemic.”
As part of the support package, eligible landlords will also receive a 25% reduction in their 2021 land tax bill, with the remainder able to be deferred until 30 November 2021.
