{"id":10408,"date":"2022-06-18T09:00:07","date_gmt":"2022-06-17T23:00:07","guid":{"rendered":"https:\/\/themooraboolnews.com.au\/?p=10408"},"modified":"2024-02-03T00:36:11","modified_gmt":"2024-02-02T13:36:11","slug":"cutting-even-more-red-tape-for-renters","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/themooraboolnews\/news\/cutting-even-more-red-tape-for-renters\/","title":{"rendered":"Cutting even more red tape for renters"},"content":{"rendered":"<p><strong>Minister for Consumer Affairs, Gaming and Liquor Regulation Melissa Horne<\/strong><\/p>\n<p>The Andrews Labor Government is making it easier for renters to reclaim their bond money with an overhaul of<br \/>\nthe Residential Tenancies Bond Authority (RTBA) online system.<\/p>\n<p>The $9 million upgrade for the new system will include an important update to allow renters to pay their bond<br \/>\nmoney directly to the RTBA, giving them peace of mind that their money is held securely.<\/p>\n<p>Minister Horne said these important changes are another way &#8220;we\u2019re making renting fairer and easier for all Victorians.\u201d<\/p>\n<p>\u201cWe know that dealing with rental bonds can be challenging and inconvenient \u2013 we\u2019re fixing that to make the<br \/>\nprocess better for everyone involved,\u201d she said.<\/p>\n<p>Currently, renters must submit their bond to their rental provider or real estate agent, meaning the responsibility of lodging the bond sits largely with the rental provider. Giving renters the option to submit their bond directly will simplify the process and cut red tape for renters, rental providers and property managers.<\/p>\n<p>The online system will also be integrated with Service Victoria identity verification and seamlessly process bond<br \/>\nrepayments and bond loans.<\/p>\n<p>Verifying users online means they can change their bond details and claim their bonds without the need for paper<br \/>\nforms and signatures.<\/p>\n<p>Integration with the systems used by real estate agents will also make the bond process easier for these<br \/>\nbusinesses, allowing for faster lodgements, transfers and claims.<\/p>\n<p>Updating to a more modern system will also result in long-term financial benefits, with savings of $3.5 million a<br \/>\nyear in operational costs over five years.<\/p>\n<p>Reforms introduced in March 2021 mean renters can now apply directly to the RTBA to have all or part of their<br \/>\nbond released without needing to wait for the rental provider or agent to lodge their bond claim.<\/p>\n<p>This means renters are able to make a claim for their bond claim without their rental provider\u2019s agreement. Once<br \/>\nthis occurs, the RTBA alerts the rental provider and other co-renters to the renter\u2019s claim, giving them 14 days to dispute it.<\/p>\n<p>Nearly 15,000 bond claims have been initiated by a renter since this new law came in, with more than half paid<br \/>\nout directly to the renter.<\/p>\n<p>The next edition of the Moorabool News is now available to read online.<br \/>\nSimply click on the following link, READ THE LATEST EDITION, and flip through the pages<br \/>\n<a href=\"http:\/\/themooraboolnews.com.au\/\">http:\/\/themooraboolnews.com.au\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister for Consumer Affairs, Gaming and Liquor Regulation Melissa Horne The Andrews Labor Government is making it easier for renters to reclaim their bond money with an overhaul of the Residential Tenancies Bond Authority (RTBA) online system. The $9 million upgrade for the new system will include an important update to allow renters to pay [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/themooraboolnews\/news\/cutting-even-more-red-tape-for-renters\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":221,"featured_media":26384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15],"tags":[5906,5907,5908,5909,5910],"post_folder":[],"class_list":["post-10408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cutting-red-tape","tag-minister-melissa-horne","tag-rental-bonds","tag-renters-reclaim-bond-money","tag-rtba"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cutting even more red tape for renters - The Moorabool News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/themooraboolnews\/news\/cutting-even-more-red-tape-for-renters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cutting even more red tape for renters - The Moorabool News\" \/>\n<meta property=\"og:description\" content=\"Minister for Consumer Affairs, Gaming and Liquor Regulation Melissa Horne The Andrews Labor Government is making it easier for renters to reclaim their bond money with an overhaul of the Residential Tenancies Bond Authority (RTBA) online system. The $9 million upgrade for the new system will include an important update to allow renters to pay [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/themooraboolnews\/news\/cutting-even-more-red-tape-for-renters\/\" \/>\n<meta property=\"og:site_name\" content=\"The Moorabool News\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-17T23:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-02T13:36:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/28\/2022\/06\/pexels-david-peterson-4359064-640x574-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lachlan Ellis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lachlan Ellis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/news\\\/cutting-even-more-red-tape-for-renters\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/news\\\/cutting-even-more-red-tape-for-renters\\\/\"},\"author\":{\"name\":\"Lachlan Ellis\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/#\\\/schema\\\/person\\\/bfbc5a1c6baaf34dd181f21c64f18302\"},\"headline\":\"Cutting even more red tape for renters\",\"datePublished\":\"2022-06-17T23:00:07+00:00\",\"dateModified\":\"2024-02-02T13:36:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/news\\\/cutting-even-more-red-tape-for-renters\\\/\"},\"wordCount\":404,\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/news\\\/cutting-even-more-red-tape-for-renters\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/28\\\/2022\\\/06\\\/pexels-david-peterson-4359064-640x574-1.jpg\",\"keywords\":[\"cutting red tape\",\"minister melissa horne\",\"rental bonds\",\"renters reclaim bond money\",\"RTBA\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/news\\\/cutting-even-more-red-tape-for-renters\\\/\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/themooraboolnews\\\/news\\\/cutting-even-more-red-tape-for-renters\\\/\",\"name\":\"Cutting even more red tape for renters - 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