The Queensland state government have announced their plans for a rental price increase limit following a roundtable on Tuesday.
The Palaszczuk government claimed the limit would allow renters a “fairer go” with landlords only permitted to increase rent once per year.
“The move is designed to balance the rights and interests of Queenslanders who rent, and property owners, to sustain healthy rental supply,” the state government said in a statement.
By limiting increases to once per year, Queensland will now align with other Australian jurisdictions which abide the same limitations.
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