After new rental laws commenced on 6 June 2024, the RTA has made updates to the information that is needed when a property manager/owner lodges a bond.
When completing a Bond lodgement (Form 2) either online through RTA Web Services or via a paper form, you are now required to provide the date of the last rent increase before submitting the bond lodgement.
If a tenant lodges a Bond lodgement (Form 2) and does not have (or does not provide) the date of the last rent increase, an auto-generated email will be sent to the property manager/owner to request they notify the RTA of the date of the last rent increase.
Evidence is not required to be provided to the RTA when advising the date of the last rent increase.
Remember: rent can only be increased once every 12 months. Increasing the rent more than once in 12 months is an offence under the Act. A tenant/resident may request evidence to substantiate the date of the last rent increase in writing, and the property manager/owner must respond to this request within 14 days. Exemptions may apply.
For more information, including how to complete a bond lodgement if a property you own or manage is new to the rental market (rented out for the first time), visit our rent increase frequency changes and bond lodgement webpages.
Note: While the RTA makes every reasonable effort to ensure that information on this website is accurate at the time of publication, changes in circumstances after publication may impact on the accuracy of material. This disclaimer is in addition to and does not limit the application of the Residential Tenancies Authority website disclaimer.