Tag: Rent Reduction

If you need to make the difficult decision to close your business, you may be wondering if you’re still obliged to pay rent until the end of your lease term.  First things first, before you decide to close, make sure you’ve reviewed all recent changes announced by the government to ease the burden on businesses […]

State governments announced the commercial tenancy code of conduct last week, which aims to support businesses with commercial rent reductions.  The code outlines a set of principles which tenants and landlords are expected to follow, along with Australian banks. It will be prepared for legislation this week.  Is my business eligible for rent relief? If […]