Canberra

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Canberra landlord's attempted 'excessive' rental increase rejected by ACT Civil and Administrative Tribunal (www.abc.net.au)

submitted 1 year ago by [email protected] to c/[email protected]

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The ACT Civil and Administrative Tribunal has rejected an application by Empire Global Developments to increase a tenant's rent by 20 per cent on a one-bedroom Canberra apartment.

It said the increase should be allowed because interest on borrowing costs, ACT government rates, and power costs had all increased – but those reasons were rejected because the costs were all tied to the entire apartment complex.

The ACT Civil and Administrative Tribunal ordered a more moderate eight per cent rental increase for the property.

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[–] [email protected] 6 points 1 year ago

I do like this ruling for the precedent. wayyy too many landbastards expect that the tenant will take on the entire cost of their investment.