Sydney’s crushing rental market could see strict new laws brought in to ban the trend of ‘rent bidding’.

Rents have to be advertised at a fixed price in Queensland, Victoria and Tasmania, but not in NSW.

NSW Trading Minister Victor Dominello has said he’ll launch an investigation into the practice, to help protect our most vulnerable.

Shelter NSW CEO John Engeler told Luke Grant it should be made illegal.

“It’s grubby, un-Australian and not fair at all. It’s capitalising on people’s desperate need to secure housing.”

Press PLAY to hear the full interview

Photo: Getty