Kyle Sandilands and Jackie 'O' Henderson

PHOTO: KIIS FM radio hosts Kyle Sandilands and Jackie ‘O’ Henderson.

Kyle Sandilands is championing the cause of struggling renters with a groundbreaking new business endeavor. As the majority stakeholder in Zero Bonds, he’s leading the charge for what the company touts as ‘The Ultimate Rental Bond Solution.’

Zero Bonds offers tenants the opportunity to bypass the traditional four-week rental bond payment. Instead, renters can opt to pay an application fee along with a percentage of their total bond value.

ZeroBonds offers renters the chance to forgo paying bond.

ZeroBonds offers renters the chance to forgo paying bond.

Sandilands’ drive to establish this business stems from his desire to assist tenants grappling with the challenges of the current cost of living and housing crisis. Reflecting on his own tumultuous past, Sandilands has shared his experience of homelessness at the age of 15 due to a fractured family environment.

The Zero Bonds initiative addresses the financial strains many Australians face when seeking accommodation. By significantly reducing upfront costs for approved tenants, the company aims to streamline the rental process for both renters and landlords alike.

With a user-friendly interface, tenants can easily submit claims through the Zero Bonds website, while landlords can enlist to participate. The fee structure includes a $24 application fee for tenants, along with a one-time charge equivalent to 14.5% of the bond amount.

Sandilands’ journey from homelessness to media success underscores the transformative power of resilience. Despite his challenging beginnings, he and his wife Tegan recently acquired a lavish $14 million residence in Vaucluse, a prestigious suburb in Sydney’s eastern precincts.