Hundreds of thousands of tenants set to benefit as long-awaited rental reforms introduced to Victorian parliament

Exclusive: New bill seeks to ban rent processing fees, require landlords to provide proof for bond claims and establish a portable bond scheme

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Landlords and real estate agents will have to provide renters with proof to back up a bond claim and will be banned from charging fees to process rent, under long-awaited legislation to be introduced to Victorian parliament.

The premier, Jacinta Allan, and minister for consumer affairs, Nick Staikos, will on Wednesday announce the introduction of Labor’s latest rental reforms to parliament, which if passed would also establish a portable bond scheme that the government says would benefit about 736,00 households.

Source: Guardian - World News