Red flags raised on Victorian rent relief
Concerns are mounting that new Victorian legislation around commercial rents is placing disproportionate pressure on landlords to carry the burden of COVID-19-induced reductions in trade, with the prescribed 14 day period to analyse tenants’ financial positions likely too short to determine what would be appropriate relief.
Concerns are mounting that new Victorian legislation around commercial rents is placing disproportionate pressure on landlords to carry the burden of COVID-19-induced reductions in trade, with a prescribed 14 day period to analyse tenants’ financial positions likely too short to determine what would be appropriate relief.
The Victorian Small Business Commission released new regulations around rent relief for commercial tenants facing novel coron…
