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InvestAus

InvestAus

Mortage Broker , Sydney Region

NSW:The COVID-19 recovery bill does nothing to support tenants or landlords

18D ago 0 Replies 18 Views
It has argued that in spite of government rhetoric, “the recovery bill merely reinforces its existing policy of providing neither tenants nor landlords any financial assistance”.

The professional body said previous state government promises to help landlords and tenants are both “misleading” and “empty”. 

REINSW CEO Tim McKibbin has called out the state government’s “lack of support” throughout the pandemic.
“The NSW government directed private citizens to provide financial support to members of the community affected by COVID. There was no concern as to whether it would send them broke and no empathy for the landlord’s position,” he said.

“When asked about support for tenants and landlords, Minister Anderson recently claimed, on the record, that ‘we will support them’,” he flagged.
From the CEO’s perspective, the stance — but lack of meaningful assistance — “is especially insulting to mum and dad investors who have provided the actual financial support to date”.

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