6 Aug 2020

Residential Tenancies Amendment Bill passes

From Morning Report, 8:48 am on 6 August 2020

A bill that increases security and stability for tenants passed its final reading in Parliament last night.

The Residential Tenancies Amendment Bill does away with 90 day no-cause terminations, removes rental bidding, and allows landlords to increase rents only once every 12 months.

Associate Housing Minister Kris Faafoi says with more New Zealanders renting now than ever, the old law was out-dated and out of balance.

The National Party has dubbed the bill the "I Hate Landlords" bill - and is warning it will have the unintended consequence of driving up rents.

Political reporter Yvette McCullough watched last night's debate and filed this report.