Press Release

FOR IMMEDIATE RELEASE

STRATA LEADERS SUPPORT REIQ ALARM BELLS ON NEW RENTAL REFORMS

Queensland -

Media Release | INTERVIEW OPPORTUNITY AVAILABLE

3 December, 2019

Attention Queensland Media

STRATA LEADERS SUPPORT REIQ ALARM BELLS ON NEW RENTAL REFORMS

PEAK STRATA BODY WARNS STATE GOVERNMENT WILL FACE STATE ELECTION BACKLASH UNLESS REFORMS GO BACK TO THE DRAWING BOARD

The Queensland Government is being warned that it risks causing major disputes and potential litigation between unit owner and their tenants if it does not rethink its proposed new rental reforms. It is likely that these tensions will drive voters to the polls and the Government may face major backlash at next year’s State election if it does not take heed.

The peak industry body for managers of apartments, units, townhouses and other strata titled property in Queensland – with an estimated value at over $120billion – has support alarms raised by the Real Estate Institute of Queensland following the State Government’s release of the first stage of proposed rental reforms.

Strata leaders say the reforms have stirred up a hornet’s nest, with thousands of Queensland strata scheme lot owners already voicing their anger about some of the expected implications.

Queensland landlords’ rights under the proposed reforms would be eroded, potentially giving tenants more rights than owners would have in body corporate schemes which will put added pressure on lot owners, bodies corporate and committees.

Landlords are at risk of losing their fundamental rights to elect not to renew a tenancy agreement at the end of the agreed term and also to refuse pets in strata properties.

Strata Community Association (Qld0) has issued support for the REIQ campaign against what the REIQ calls the “reckless rental reforms” in Queensland, warning the State Government will alienate apartment owners in the lead up to the election unless it takes the reforms back to the drawing board and finds an equitable balance.

SCA (Qld) President James Nickless says, “The Real Estate Institute of Queensland has our full support in their campaign opposing the proposed Stage 1 rental reforms, and SCA (Qld) shares REIQ’s view that the proposed reforms will damage the Queensland rental and property market.

“State Government leaders need to rethink the proposed reforms. We agree with the REIQ that the reforms will artificially force up rents as property owners attempt to offset the higher cost, diluted landlord rights, increased risk and reduced attractiveness of property investment, damaging the market as a whole.

The Stage 1 proposed reforms also include the introduction of a tenant’s right to make modifications to the rental property without the landlord’s consent and a minimum housing standard requiring the rental property to meet prescribed requirements.

Mr Nickless says, “The proposed rental reforms have the commendable aim of improving safety and building quality standards for vulnerable tenants, but this aim must not come at the expense of the rights of the landlord and all other owners in a strata scheme.

“It is irresponsible for the Government to introduce an imbalance between the rights of owner occupiers in strata schemes and those of tenants as the reforms only apply to tenanted properties and is not in harmony with body corporate legislation.

“Some of the proposed reforms have significant cost impacts and unduly infringe on owners’ rights to the extent that owners could lose control over their investment. Furthermore, in the strata environment some of the reforms will be difficult, if not impossible, to implement, such as housing standards that may have an effect on common property.

“We hope Government will embrace the objections of the public to the proposed reforms in the spirit in which they are intended, being to improve the effectiveness and fairness of the rental property market. The Government ought to adapt the rental laws to improve the lives of thousands of Queenslanders who own or live in rental properties, whilst maintaining an equitable balance of rights between owners and tenants,” Mr Nickless says.

Strata Community Association (Qld) says landlords and tenants in body corporate should make their voices heard and make submissions to the Queensland Government Renting in Queensland discussion. Failing that, they can always vote with their feet at the election.

ENDS

About

About Strata Community Association (Qld)

Strata Community Australia (Qld) Limited (SCA Qld) is the peak industry body for Body Corporate and Community Title Management in Queensland. Membership includes body corporate managers, support staff, committee members and suppliers of products and services to the industry. SCA (Qld) members manage property worth an estimated replacement value of $120billion.

There are more than 50,000 community titles schemes with 513,000 community titled lots in Queensland. 43.3% of all new dwelling approvals are expected to be lots in a body corporate scheme. SCA (Qld) proudly fulfils the dual roles of a professional institute and consumer advocate.
Website: www.qld.strata.community

(ENDS)

Contact Details

Released by:
Pat McGuire
Marketplace Communications
0412 748161
Patrick.mcguire@mpc.com.au

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