This report argues that while renting has become a long-term reality for many Queenslanders, the policy settings governing the rental market have failed to keep pace with the changing nature of housing in Australia. 

A central pressure within this system is the cost of moving between properties. The report highlights growing momentum toward portable bond schemes, which would allow renters to transfer an existing bond between properties. The report also examines the financial architecture of renting. 

Queensland has an opportunity to modernise its rental system in a way that improves fairness, workforce mobility and housing access. These reforms would complement broader housing supply initiatives while delivering immediate cost-of-living relief for renters.

The report is structured in three parts: 

1. Part 1 outlines the shift toward long-term renting and the case for portable bonds
2. Part 2 examines bond administration and foregone returns
3. Part 3 sets out the proposed Rewarding Renters reform and its legislative and economic rationale.