COVID-19, Money, Wellbeing
Published on April 15, 2020 10:21 pm, by Pete Lalor
Rent Relief in Western Australia
|6 month moratorium on evictions for tenants suffering financial hardship due to COVID-19|
|Rent freeze for 6 months|
|Leases that end during the emergency period autmatically convert to month to month leases|
|Landlords are not required to make non urgent repairs during the emergency period|
|Tenants can break fixed term leases during the emergency period without incurring break fees||Tenants must have be homeless or at imminent risk of becoming homeless, have exhausted all other options, have lost thier job and have less than $10,000 in cash savings|
More information on rent relief arrangements in Western Australia Australia is available from the Western Australia Government
If you are concerned about the financial impact of COVID-19 or you are facing the uncertainty of losing your job or having your income significantly reduced we can help. Sign up to MoneyBrilliant and we will give you access to a host of tools and features to help you organise your finances and make better decisions about your money. We’ll also give you tailored insights about the financial assistance available from governments and businesses to help you face the economic and financial challenges caused by the COVID-19 pandemic.
This summary has been prepared by MoneyBrilliant Pty Ltd (AFSL 492711, ACL 493068). The information in this summary is of a factual nature only. We are not suggesting or recommending that you take any particular course of action in relation to any financial product or service. It does not take into account your personal circumstances or objectives. If you need financial advice or taxation advice you should seek advice from a licensed financial adviser or tax agent. You may also be able to access additional information from the websites of the Australian Securities and Investment Commission (ASIC) and the relevant product providers.
Peter is the CEO of MoneyBrilliant. He has over 20 years experience in banking, insurance and accounting. Peter has three sons, ranging in age from 16 to 3, is a sport and fitness fanatic and a volunteer firefighter. He is passionate about improving people's lives through making financial services more accessible.