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The landlord and the tenant must agree on how (eg. cash, cheque or credit card), where and how often the rent will be paid and this must be included in the tenancy agreement. Generally, rent is paid fortnightly or weekly in advance. If the tenant pays cash, the landlord must provide the tenant with a receipt. Tenants should keep these receipts in a safe place as they are a record that the rent was paid.

The rent cannot normally be increased during a fixed term agreement unless stated in the tenancy agreement. If the agreement allows for an increase in rent, the tenant must be given at least one month's notice in writing.

The tenant has a duty to pay the landlord the amount stated in the agreement. If the rent remains unpaid for 7 days after the due date, the tenant has breached their obligation and the landlord may evict after this time.