Relief for Private/Domestic tenants

The Victorian Government announced a range of measures to help DOMESTIC renters. This includes a temporary hold on evictions for six months and landlords helping their tenants will be eligible to ask for 25% land tax discount...

Victorian Government announced a $500 million package to ease the burden of rent for tenants and landlords during the coronavirus crisis. The Victorian government has also introduced a temporary ban on evictions, pausing rent increases for six months and giving land tax relief for landlords and rent relief for tenants under financial hardship. “To encourage landlords to do the right thing by their tenants, the government will provide $420 million in land tax relief. If a landlord provides tenants impacted by coronavirus with rent relief, they will be eligible for a 25 per cent discount on their land tax, while any remaining land tax can be deferred until March 2021,” a Victorian government statement read. “The government will also create an $80 million rental assistance fund for renters facing hardship due of coronavirus. To be eligible, renters will need to have registered their revised agreement with Consumer Affairs Victoria or gone through mediation, have less than $5,000 in savings and still be paying at least 30 per cent of their income in rent.”