Hon KRIS FAAFOI: Frequent rent increases have been found to leave tenants vulnerable to rental stress, particularly low-income tenants or tenants who experience changes in their financial circumstances. This bill will limit increases to once every 12 months to give tenants more certainty over their costs but continue to allow landlords to make reasonable adjustments to rent. This reflects the balanced approach we have taken to improve the tenants' security in their own homes while recognising that there are business needs of landlords.