New laws make NSW property buyers acknowledge if they are moving into a live music hotspot
Property buyers in NSW will be required to acknowledge if they are moving into a live music hotspot under raft of new laws being introduced to NSW state parliament today.
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00:00Essentially, this all has to do with what the government says is tipping the scales
00:06back to better balance the interests of not only people living and finding housing in
00:11communities across Australia, but also live music and entertainment.
00:14For a long time, Sydney had battled a reputation of having vexatious regulations around live
00:20music and performance.
00:22Some of these include the genre of music that can be played at a venue, as well as the number
00:26of musicians that can even play.
00:29The government will introduce laws today that will do not only away with that regulation,
00:32but also with a tranche of others.
00:34Among them that has caught many people's eyes is the Eyes Wide Open Clause.
00:40Essentially, what that would do is it would acknowledge anyone moving in either as a tenant,
00:44as a business, or buying a home in a region that is designated to have live precincts
00:51and music and entertainment, pubs and clubs, those kind of matters, and that is specially
00:55designated for a night-time economy to essentially sign a clause within their acquisition documents
01:00acknowledging that that is the case.
01:03What that will mean is that if they are to make noise complaints into the future and
01:07the like, that those complaints will be tempered against that understanding that was already
01:13acknowledged.
01:14Now, you still can make noise complaints.
01:16It's not taking people's rights away to do that, but it is saying that they have to be
01:20tempered against a full understanding and knowledge that they were moving into an area
01:24that was always going to be designated for entertainment.
01:28This comes as the State Government acknowledges it does have to balance housing needs right
01:32across the state and is looking to create more medium density housing right across the
01:37city as well as even regional and rural parts of the state to jammer.
01:42These laws come before Parliament today after already having passed the first tranche earlier
01:47which created these special entertainment precincts which have tried to make it easier
01:52for venues to host people, to be able to have people stand up while drinking alcohol,
01:57for example, if they do have outdoor settings and environments for people to attend to.
02:03We are going to hear later as well from the New South Wales Opposition Leader to see if
02:08indeed the Liberal Party will back in these reforms.
02:10It all happens as Parliament sits in New South Wales this week.