Understand the RTAA and the Regulations

Over 120 new rental tenancy standards came into effect on 29 March 2021. The changes to the Residential Tenancies Act (RTA) in Victoria are significant, and it’s critical that all property professionals and owners get across them. While many of the reforms are reasonable, and indeed are requirements, it’s the volume of change occurring at once that could be overwhelming.

We are here to assist Victorian real estate professionals understand and implement the changes resulting from the Residential Tenancies Amendment Act and the 2021 Regulations.

The REIV worked with Government on the RTA Amendments from the initial design stages through to development of the Regulations. Although we may not support all the amendments that are now in the Act, we are focused on ensuring that the Victorian real estate sector has access to the tools and information required to effectively implement the Regulations. Key information has been consolidated on this page.

Please do not hesitate to contact us on [email protected] or call 03 9205 6666.

  • The REIV has prepared a comprehensive online reference book that has been reviewed and supported by the Victorian Government.

    The book details the reforms and relevant modules in the legislation and provides interpretation and explanation to assist in implementing the changes.

    The resource is now being funded by the Victorian Property Fund with approval from the Minister of Consumer Affairs and can now be accessed by all Victorians at no cost.

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Latest news from the REIV

More property tax reform required for Victoria

May 25 2021

The Real Estate Institute of Victoria has welcomed the Liberal Nationals’ announcement today to remove a planned stamp duty tax increase, should it win government at the state’s next election (late 2022).

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Stamp duty and land tax hikes the final straw

May 15 2021

The Victorian Government’s planned assault on property owners with stamp duty and land tax increases in the 2021-22 State Budget will hurt self-funded retirees and worsen housing affordability.

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The Australian dream is alive and well

April 30 2021

The real estate sector is abuzz with talk about REIV’s March quarter median price data, which show historic increases for a number of areas in Melbourne and regional Victoria.

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