Victoria seeks to improve the lot of generation rent

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By Leith van Onselen

The Age is reporting today that the Victorian Government is reviewing residential tenancy laws, which could see rental lease terms extended to up to 10 years:

The proposal for long-term leases could lead to major change in Victoria’s rental culture, which is dominated by 12-month leases.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.