- New legislation has been passed by State Parliament limiting the amount of times a landlord can raise rent to once a year
- The annual limit on rent increases will apply to all new and existing tenancies from 1 July 2023 onwards
- In addition, caps on electoral spending for all participants in Queensland local government elections has also been passed
The Palaszczuk Government has passed legislation to limit rent increases to once a year to give a fairer go to Queenslander renters.
Amendments to the Residential Tenancies and Rooming Accommodation Act 2008, through the Local Government Electoral and Other Legislation (Expenditure Caps) Amendment Bill 2022, will limit the frequency of rent increases from every six months to once a year for residential tenancies and rooming accommodation agreements.
These amendments will bring Queensland into line with other Australian jurisdictions and balance the rights and interests of Queenslanders who rent, and property owners and investors to maintain rental supply.
It was one of several housing policy reforms to come out of the Government’s Housing Roundtable.
The Parliament also passed legislation setting caps on electoral expenditure for local government in Queensland, bringing the sector into line with a similar rules for state electoral spending and delivering on a State Government 2020 election commitment.
The caps will apply for the March 2024 Local Government elections.
