Daily Bulletin

Daily Bulletin

Real Estate

  • Written by Helen Hull

Dwellings listed on a register of residential properties affected by loose file asbestos insulation are uninhabitable, according to the Real Estate Institute of New South Wales.

REINSW President John Cunningham said from 30 May 2016, NSW Fair Trading made the listing of residential premises on the loose-fill asbestos insulation register (LFAI Register) a material fact, requiring an agent to advise a prospective tenant of that listing. 

“We are of the view that if the dwelling is on the LFAI Register it should not be made available for rent and have voiced our concerns with NSW Fair Trading,” Mr Cunningham said.

“Meanwhile if
a premises is added to the LFAI Register during a tenancy, then the landlord must notify the tenant in writing within 14 days of the premises being listed.
“REINSW considers this to be insufficient as it fails to accurately reflect what happens to the lease in the event the premises is listed on the LFAI Register during a tenancy. Pursuant to the Residential Tenancies Act 2010 (NSW), the premises will become wholly uninhabitable and the residential tenancy agreement will become frustrated.

“In those circumstances, the landlord or tenant may give the other party a termination notice.

“REINSW is concerned that unsophisticated tenants and other people in low socio-economic circumstances who may agree to lease premises listed on the LFAI Register will be adversely impacted if they receive a discounted rent.

“REINSW believes that the Government should be preventing those situations, not encouraging them,” Mr Cunningham said.  

Writers Wanted

Angus Taylor's tech roadmap is fundamentally flawed — renewables are doable almost everywhere


Climate explained: humans have dealt with plenty of climate variability


Why do bankers behave so badly? They make too much money to ask questions


The Conversation


Did BLM Really Change the US Police Work?

The Black Lives Matter (BLM) movement has proven that the power of the state rests in the hands of the people it governs. Following the death of 46-year-old black American George Floyd in a case of ...

a Guest Writer - avatar a Guest Writer

Scott Morrison: the right man at the right time

Australia is not at war with another nation or ideology in August 2020 but the nation is in conflict. There are serious threats from China and there are many challenges flowing from the pandemic tha...

Greg Rogers - avatar Greg Rogers

Prime Minister National Cabinet Statement

The National Cabinet met today to discuss Australia’s COVID-19 response, the Victoria outbreak, easing restrictions, helping Australians prepare to go back to work in a COVID-safe environment an...

Scott Morrison - avatar Scott Morrison

Business News

Ten tips for landing a freelance transcription job

Transcription jobs are known to be popular in the field of freelancing. They offer fantastic job opportunities to a lot of people, but there are some scammers who wait to cheat the freelancers. ...

News Company - avatar News Company

How To Remove Rubbish More Effectively

It can be a big task to remove household rubbish. The hardest part is finding the best way to get rid of your junk. It can be very overwhelming to know exactly where to start with so many option...

News Company - avatar News Company

4 Tips To Pass Skills Certifications Tests

Developing the right set of skills is valuable not only to your career, but for life in general. You can get certified in these skills through obtaining a license. Without a certified license, y...

News Company - avatar News Company

News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion