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26 Apr 2024 8:02
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  •   Home > News > Business

    Changes to the Residential Tenancies Amendment Bill could hit renters in the pocket

    Changes to the Residential Tenancies Amendment Bill could hit renters in the pocket


    The bill passed under urgency last night.

    Ninety day no-cause evictions will end, meaning landlords must offer more robust reasons for getting rid of tenants.

    Property Investors Federation chief executive Sharon Cullwick predicts about 20 per cent of landlords could exit the market.

    She says that means rents could rise.

    Cullwick says tenants who are finding it hard to find a property to rent now, won't be able to find one in the future -- and says the emergency housing waiting list will increase substantially.

    © 2024 Newstalk ZB, NZCity

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    The Miami Heat's caused a boilover in the first round of the NBA playoffs...beating the top ranked Celtics 111 to 101 in Boston to level their Eastern Conference series one-all More...


    BUSINESS BUSINESS
    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg More...



     Today's News

    Rugby League:
    Warriors coach Andrew Webster is walking towards the challenge of getting his team out of their current slump 7:57

    Basketball:
    The Wellington Saints have moved to the top of the National Basketball League with a 111-104 win over Hawke's Bay at TSB Arena 7:47

    Business:
    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg 7:37

    Rugby League:
    Warriors captain Tohu Harris believes they've strayed from the basics 7:37

    Tennis:
    Rafael Nadal has dominated American teenage wildcard Darwin Blanch in the opening round of the ATP's Madrid Open, for just his second win since January 7:27

    International:
    First official portrait of King Frederik and Queen Mary of Denamrk released since ascending the throne 7:27

    International:
    How North Korean dictator Kim Jong Un is using the rise of women to maintain his grip on power 7:07

    Cricket:
    A tight finish is in store in the fourth T20 between the Black Caps and Pakistan in Lahore 5:37

    Environment:
    Scheduled freight trains will resume on the Rangitata rail bridge today, following two week's of closures 4:57

    Basketball:
    The Oklahoma City Thunder are heading for a big win over the New Orleans Pelicans in Game 2 of their first round NBA play-off series 21:57


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