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ACT Greens Push Portable Rental Bonds | Adelaide News

ACT Greens Push Portable Rental Bonds | Adelaide News

Published 5 days, 9 hours ago
Description

ACT Greens are pushing for a portable rental bond scheme to help renters avoid paying new bonds while waiting for old ones to be returned—especially as living costs soar. Under the plan, existing bond funds could transfer between properties, with adjustments for cost differences. Housing spokeswoman Rebecca Vassarotti plans to introduce legislation unless the government acts first, noting Canberra’s high rents and existing tenant protections still leave many struggling. While similar schemes in Victoria and NSW have small fees and require same-landlord transfers, this move could ease financial pressure on ACT renters navigating a tough market.

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