On 7 April 2020, The Hon Scott Morrison announced a set of “good faith leasing principles for application to commercial tenancies” through the implementation of the National Cabinet Mandatory Code of Conduct - SME commercial leasing principles during COVID-19
You can click on the link above to access the code in full. Thankfully, we have gone through the Code in detail and prepared an in depth analysis with worked examples to make it easier for you to digest. Please click on the blue button below to access our special update.
The negotiation of rent relief is a hot topic amongst our clients and we trust that this guide will be a useful resource for both landlords and businesses. We have already seen a number of examples of landlords and businesses working together through this pandemic period. Please do not hesitate to reach out if you would like assistance in preparing for negotiation or in preparing business forecasts and financial reports to support any rental relief discussions.
We have been working hard to keep our clients up to date with the rapidly changing stimulus measures. Later today we will be sending out a separate email with all the detail on the JobKeeper programme that was passed through Parliament overnight.
As always we are here to help so please don't hesitate to get in touch with us. Stay safe and we wish you all a Happy Easter.