These reforms also address rental increases, capping them to once per year and closing legal loopholes that previously allowed more frequent hikes for short-term leases.

Under the new regulations, renters will have easier access to keeping pets in their homes, reflecting a more tenant-friendly approach.

The reforms, which passed parliament recently, eliminate background check fees for renters and introduce no-fee payment options.

The NSW Premier noted that renters had been overlooked in the past, and these changes aim to modernize the rental market for the 21st century.

The current rental market is challenging, with a reported 7% increase in median rent prices and historically low vacancy rates, according to NSW rental commissioner Trina Jones.

Minister for Better Regulation and Fair Trading, Anoulack Chanthivong, emphasized the goal of creating a thriving rental market that provides certainty for landlords while ensuring security for tenants.

New South Wales has enacted historic rental reforms aimed at improving housing security for over 2.2 million renters by banning no-grounds eviction.

Overall, the reforms are designed to provide practical support for tenants, easing the insecurity faced in both city and regional rental markets.

Additionally, the new laws will offer more clarity for landlords on ending leases, while making it more difficult for property owners to evict tenants.