Financial Assistance Extended for Tenants and Landlords

The NSW Government has announced an increase to the Residential Tenancy Support Package to up to $4,500 per tenancy and an extension to the eviction moratorium until 11 November 2021, giving increased security to residential tenants impacted by COVID-19.

The Residential Tenancy Support Package will now provide payments of up to $4,500 per tenancy as long as landlords reduce rent for their tenants by at least that much and have not claimed land tax relief. This is a further $1,500 increase and comes as part of our commitment to supporting people who have taken a hit due to COVID-19.

Minister for Better Regulation and Innovation Kevin Anderson said the increased payment will incentivise landlords to offer rent reductions to tenants who are doing it tough and the extension of the eviction moratorium will provide welcome peace of mind.

COVID-19 impacted residential tenants who are struggling with rent will continue to be protected from eviction due to rental debts until 11 November, which is an extra two months protection to the moratorium period previously established

Following the moratorium, for the period 12 November 2021 – 12 February 2022, transitional measures will apply and will limit when terminations can occur for rental debt accrued during the moratorium

If you have agreed a repayment plan, a landlord will only be able to terminate your tenancy for this debt if:
 you have failed to make 2 or consecutive repayments; and
 it is fair and reasonable in the circumstances.

If you have not been able to agree on a repayment plan, a landlord will be able to terminate your tenancy for this debt if:
 the landlord has tried, in good faith, to negotiate a repayment plan through Fair Trading, and
 it is fair and reasonable in the circumstances.
Landlords also have the option to apply for the COVID-19 land tax benefit instead of applying for the Residential Tenancy Support Payment, which is an offset of the land tax liability equal to the rent reduction granted.

Applications for the increased rebate will open shortly. Landlords who have already claimed the rebate can offer further rent reductions and apply for an additional rebate up to $4,500.

Alternately a landlord who has yet to apply for the rebate can do so in a single application. For more information on the package or to apply go to Residential tenancy support package | NSW Fair Trading

  eviction, Landlord, moratorium, Residential Tenancy Support Package, Tenant