The Forum > General Discussion > Pink Bats Royal Commision
Pink Bats Royal Commision
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While on the subject, Australian tenants and landlords should adopt the US approach where properties are leased 'bare bones' and the tenant equips and decorates to taste. A similar system works well for commercial property.
That will result in reduced management, maintenance and repair costs, fewer disputes and much cheaper rents, all for obvious reasons. It would also be fairer for good tenants, who inevitably shoulder the additional costs from tenants who damage property and/or default, which are common.
The change would allow owners to offer much longer leases to good tenants, again for obvious reasons. It would enable much simpler regulations and less administration by government tenancy authorities, who should aim to pass back savings to tenants, ie., a proportion of the interest they earn on the money market from tenants' bonds.
Returning to the RC, it has been adjourned until a date to be notified. Here is the site to watch,
http://www.homeinsulationroyalcommission.gov.au/Hearings/Pages/default.aspx