
ACT Introduces ‘Calculator’ to Help Tenants Determine Fair Rent Increases
As rising rents continue to be a major issue across the country, the ACT Labor-Green government has introduced its “rent increase calculator” to help residents work out what a fair rental increase is. Attorney-General Shane Rattenbury stated the initiative was part of a broader effort to ease the burden of rising living costs and promote a fair, transparent rental market. “We use a formula based on the consumer price index to define when a rent increase is excessive, but we understand that calculating the permissible increase can be complicated for both landlords and tenants,” Rattenbury said in a statement. The calculator allows users to determine the maximum permissible rent increases under Australian Capital Territory law. Canberrans can input their current rent, proposed rent, and relevant dates to receive advice....
