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Landlords call the shots in min...

Landlords call the shots in mining states

Increased competition for living space in Western Australia is putting landlords in a powerful position.

The booming mining industry in states such as Western Australia and the Northern Territory has led to a huge influx of migrant workers, both from neighbouring states and abroad.

 

 

 

This has led to increased competition for living space, with landlords now calling the shots as they sift through lists of potential tenants all vying for their property.

 

 

 

Foreign investors thinking about buying a property in Australia may therefore want to consider these areas as a potential location.

 

 

 

However, the rise in tenancy applications has led to concerns that some property owners may be discriminating against certain tenants, after the number of complaints against landlords and real estate agents increased in the last 12 months.

 

 

 

Western Australia's equal opportunity commissioner Yvonne Henderson has issued a warning to landlords over best practice when it comes to choosing a tenant, saying: "They can certainly discriminate on the basis of previous history of being a good tenant and ability to pay the rent but they can't discriminate on the basis of a person's race or their gender or their age," ABC News reports.

 

 

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

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