Another lockdown, another rent relief request

Many commercial tenants who have experienced a downturn in their business due to the COVID-19 outbreak have gone through the process of requesting and securing rent relief from their landlords for the relevant period under the emergency measures legislation (being 29 March 2020 to 29 September 2020). Unfortunately, following the false start which preceded the [...]

2020-07-30T23:33:33+00:00July 22nd, 2020|Business Advice, Contracts, Dispute Resolution, Property|Comments Off on Another lockdown, another rent relief request

Discount the rent, you can afford it!

The Queensland Civil and Administrative Tribunal (QCAT) has been in the news this week after it was reported that a landlord on the Sunshine Coast would be forced to discount rent for its long-term tenants after the QCAT ruled the landlord could not demonstrate that reducing the rent would put the landlord at a financial [...]

2020-05-28T01:23:37+00:00May 28th, 2020|Business Advice, Corporate Advisory, Dispute Resolution, Property|Comments Off on Discount the rent, you can afford it!

Victorian Small Business Commission publishes COVID Tenancy Regulations Guidance & Mental Health Information Sheet

Following the introduction of the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Vic), many tenants and landlords have been in the unfortunate position of trying to navigate an agreement on rental concessions against a backdrop of regulations which are, to some extent, lacking in clarity. Helpfully, the Small Business Commission (SBC) has [...]

2020-05-19T07:30:25+00:00May 19th, 2020|Business Advice, Corporate Advisory, Dispute Resolution, Property|Comments Off on Victorian Small Business Commission publishes COVID Tenancy Regulations Guidance & Mental Health Information Sheet

Rent relief for commercial tenants – COVID-19

Following a national cabinet meeting, the Prime Minister has today announced new rental waivers and deferrals for commercial and retail lease tenants who have been impacted by the COVID-19 pandemic. Under this new ‘code of conduct’, landlords will be required to reduce leases in proportion to the reduction in the tenant’s business. The code will [...]

2020-05-12T04:18:40+00:00April 8th, 2020|Business Advice, Contracts, Corporate Advisory, Property|Comments Off on Rent relief for commercial tenants – COVID-19