Greens Propose National Renters Protection Authority

The Greens have proposed the establishment of a National Renters Protection Authority (NRPA) aimed at enforcing national tenancy standards and protecting renters from unfair practices. With a budget of $200 million per year, the NRPA would employ 1,000 staff to investigate complaints against landlords and real estate agents, with the power to issue on-the-spot fines of up to $3,756 for individuals and $18,780 for agencies. Repeat offenders could face fines of up to $15,650 for individuals and $78,250 for agencies, along with potential license revocations. The authority would also provide advocacy and education to renters, addressing issues like unfair rent hikes and essential repairs. This initiative is part of the Greens' broader housing policy, which includes a proposed two-year rent freeze and caps on rent increases. As the party seeks to appeal to the 7 million renters in Australia, the NRPA is positioned as a critical element in the upcoming elections.