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23 Apr 2024 19:25
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  •   Home > News > Business

    Changes to the Residential Tenancies Amendment Bill could hit renters in the pocket

    Changes to the Residential Tenancies Amendment Bill could hit renters in the pocket


    The bill passed under urgency last night.

    Ninety day no-cause evictions will end, meaning landlords must offer more robust reasons for getting rid of tenants.

    Property Investors Federation chief executive Sharon Cullwick predicts about 20 per cent of landlords could exit the market.

    She says that means rents could rise.

    Cullwick says tenants who are finding it hard to find a property to rent now, won't be able to find one in the future -- and says the emergency housing waiting list will increase substantially.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Former New Zealand league, union and sevens representative Honey Hireme-Smiler believes there'll soon be women's athletes playing Super Rugby Aupiki and NRLW in the same year More...


    BUSINESS BUSINESS
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result More...



     Today's News

    Entertainment:
    Tom Selleck has revealed he "didn't get the girl" during his stint on 'The Dating Game' 19:03

    Business:
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result 18:57

    Athletics:
    Discus thrower Connor Bell is fizzed after a perfect few days culminated in Olympic selection 18:37

    Entertainment:
    Rihanna says her old ultra-raunchy outfits are her biggest fashion "ick" 18:33

    Law and Order:
    The Independent Police Conduct Authority's found two officers used unjustified force moving youths off a South Auckland road in 2022 18:27

    Rugby League:
    Utility forward Dylan Walker will return from an ankle injury to the interchange for the Warriors' Anzac Day NRL clash with the Titans 18:07

    Entertainment:
    Kate Beckinsale can't bear to take down her Christmas trees as she decorated them with her late stepdad 18:03

    Rugby:
    Former New Zealand league, union and sevens representative Honey Hireme-Smiler believes there'll soon be women's athletes playing Super Rugby Aupiki and NRLW in the same year 17:37

    Entertainment:
    Dua Lipa feels "very close" to people living in war zones 17:33

    Auckland:
    Police have confirmed a child has died after a crash on a driveway in Waiuku, south of Auckland 17:27


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