The NSW Government has introduced a targeted eviction moratorium to protect residential tenants. The moratorium applies where:
- You have lost work/income because they or a member of their household contracted COVID; or
- The household’s take home weekly income has reduced by 25% or more (including any government assistance received) compared to the weekly income received in the 4 weeks prior to 26 June 2021; and
- You continue to pay at least 25% of the rent payable.
60 day freeze on evictions
Tenants who can’t pay their rent in full because they are impacted by the COVID-19 outbreak can’t be evicted between now and 11 September 2021.
Financial support for landlords
Residential landlords who decrease rent for impacted tenants can apply for a grant of up to $1,500 or land tax reductions depending on their circumstances. The land tax relief will be equal to the value of rent reductions provided to financially distressed tenants for up to 100% of the 2021 land tax year liability.
The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information.
