New rental laws came into effect on 29 March 2021.
The law changes expand the rights and responsibilities of renters and rental providers (landlords) and will make renting in Victoria fairer and safer.
The Victorian Budget 2020-21 includes a number of announcements related to legislation administered by the State Revenue Office. The measures are listed here, along with their expected start date. Land tax A 50% land tax discount for eligible build-to-rent developments, including an exemption from the absentee owner surcharge, until 1 January 2040 — expected start date 2022 land tax year. A land tax exemption for …
HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home.
The government has introduced a $130 billion JobKeeper Payment scheme to support businesses significantly affected by the coronavirus to help keep more Australians in jobs.
The Victorian Government has announced (15 April 2020) a commercial tenancy relief scheme to alleviate financial hardship faced by tenants and landlords as a result of coronavirus (COVID-19).