With so many small businesses doing it tough during the pandemic, the government has put in place a range of measures and a mandatory code of conduct for commercial tenancies to support small and medium-sized businesses affected by coronavirus. What is the code of conduct? The mandatory code of conduct imposes a set of “good… Read more »
Landlords will be forced to reduce rents on commercial properties in proportion with the loss of turnover their small business tenants have experienced under new measures announced by Prime Minister Scott Morrison on Tuesday. The plan will be backed up by state-based legislation and a mandatory Code of Conduct, building on last Friday’s six-month ban… Read more »
You’ve lost income because of the coronavirus crisis and finding it hard to pay the bills. What if you can’t pay your rent? The short answer, if you live in Australia, is that rules changes give you more time – at least six months – before you face eviction. But that’s all. Nothing else has… Read more »
The PM has further increased the restrictions surrounding mass gatherings in an effort to slow the spread of COVID-19 infections. Following the national cabinet meeting today, prime minister Scott Morrison has announced the government is slashing the number of people now allowed to gather in public from 10 to two (excluding family/household members). Playgrounds, outdoor… Read more »
The government is considering putting businesses into an economic ‘hibernation’ to ensure that they aren’t left with debts and are able to resume ‘business as usual’ as soon as the coronavirus crisis is over. Finance Minister Mathias Cormann told the ABC the government was looking for a “fair and equitable” way to share the pain… Read more »
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