What does the Commercial Tenancy Relief Scheme involve? The Victorian Government have introduced the Commercial Tenancy Relief Scheme Bill 2021 (Vic) into Parliament. This was done by re-introducing the Commercial Tenancy Relief Scheme. On the 3rd of August 2021, the Victorian Government announced that the Bill had passed both Houses of Parliament. The Bill still … Read more
The Retail Leases Amendment Act 2020 (the Act) received royal assent on 22 September 2020. The Act introduces amendments to both the Retail Leases Act 2003 (Vic) and Building Act 1993 (Vic) (and Regulations) affecting the obligations and rights of both landlords and tenants of retail premises. Key amendments include: Essential Safety Measures (ESM) Landlords can now recover cost of … Read more
As a landlord, it is your responsibility to ensure that essential safety measures (ESM) are maintained on commercial property you own. The laws and regulations around this will be changing sometime in 2020. Below, we’ve broker down the current ESM laws and the ways these might change in the near future. What exactly is ESM? … Read more
There is a great deal of uncertainty concerning small and medium enterprises (SME) and how their leasing arrangements may be impacted throughout the pandemic. The Federal Government earlier introduced the Mandatory Code of Conduct (for SME commercial leases) which outlined principles for the State Governments (and Territories) to build their own legislation and regulations around. … Read more
