NSW to Cap Rent Increases to Once-a-Year Amid Deepening Housing Crisis

The reforms will end no-ground evictions and clarify lease termination terms while easing pet ownership in rentals.

A general view of homes in McMahons Point in Sydney, Australia on May 5, 2022. Brendon Thorne/Getty Images

The Minns Labor government is set to introduce significant reforms to rental laws in Australia’s most populous state New South Wales to cap the number of rental increases to once per year.

This new regulation, presented in Parliament on Oct. 15, aims to provide stability and fairness for the state’s 2.2 million renters.