1. What is ACT Rental Increase?

The ACT rental increase calculation determines how much a landlord can increase rent based on the current rent amount and the ACT Consumer Price Index (CPI) percentage. This calculation is important for both landlords and tenants to understand permissible rent increases.

2. How Does the Calculator Work?

The calculator uses the ACT rental increase formula:

Where:

• \( Rent \) — Current rental amount in AUD
• \( ACT\_CPI \) — ACT Consumer Price Index percentage

Explanation: The calculation multiplies the current rent by the ACT CPI percentage (divided by 100 to convert from percentage to decimal) to determine the allowable rent increase amount.

3. Importance of Rental Increase Calculation

Details: Understanding rental increases helps tenants budget for potential rent changes and helps landlords determine legally permissible increases while maintaining good tenant relationships.

4. Using the Calculator

Tips: Enter the current rent amount in AUD and the ACT CPI percentage. Both values must be positive numbers (rent > 0, CPI ≥ 0).

5. Frequently Asked Questions (FAQ)

Q1: How often can rent be increased in ACT?
A: In the ACT, rent can generally be increased once every 12 months with proper notice.

Q2: Where can I find the current ACT CPI percentage?
A: The ACT CPI is published by the Australian Bureau of Statistics (ABS) and is available on their website.

Q3: Is there a maximum rent increase percentage in ACT?
A: The ACT doesn't have a fixed maximum percentage, but increases must be reasonable and in line with market rates.

Q4: How much notice is required for a rent increase?
A: In the ACT, landlords must provide at least 8 weeks written notice for rent increases.

Q5: Can tenants dispute a rent increase?
A: Yes, tenants can apply to the ACT Civil and Administrative Tribunal if they believe an increase is excessive.