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The Guardian - AU
The Guardian - AU
National
Tamsin Rose

NSW to investigate ways to end bidding wars over rental properties

NSW customer service minister Victor Dominello
NSW customer service minister Victor Dominello says landlords have ‘competing interests’, but government wants to find a way to take ‘hard edges off the marketplace’. Photograph: Flavio Brancaleone/AAP

Bidding wars for New South Wales rental properties could be outlawed after the state’s customer service minister, Victor Dominello, ordered an urgent review of interstate efforts to curb the widespread practice.

Peak housing bodies have long been calling for a ban on rental bidding to bring the state into line with Victoria, Queensland and Tasmania, where advertised rents are set and cannot be bid up by prospective tenants, or listed as a range.

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