The NSW regulations governing retail leases and implementation of the National Code of Conduct for commercial/retail leases such as temporary protections against lock-out and terminations will cease on 13 January 2022. This means that if you wish to pursue a reduction in rent or other lease conditions and you have not yet provided the relevant […]
NANA will host a webinar for Newsagents on Thursday 30 September 2021 at 6:00PM to assist Members to understand their options concerning lease negotiations impacted by decreased trading conditions due to COVID-19 impacts. Rent and shop lease obligations are often a Newsagent’s biggest expense and can be a legal minefield in the best of times. […]
NANA will host a webinar for Newsagents on 30 September 2021 at 6:00PM to assist Members to understand their options concerning lease negotiations impacted by decreased trading conditions due to COVID-19 impacts.
NANA was critical of earlier “protections’ which the NSW Government had made available to commercial and retail tenants under COVID-19 Regulations.
NANA Members have not necessarily experienced the same resilience in their businesses as was the case in earlier waves of COVID lockdowns in NSW and the ACT.
Last week NANA advised Members of the recent changes introduced by the NSW Government covering lease protections due to impacts of the escalating COVID-19 situation in the Greater Sydney area and elsewhere in NSW. NANA expressed the view that the latest changes do little to support small and family businesses like Newsagents and the system […]
The following text is an extract from a Bill before NSW Parliament which seeks to extend certain protections for retail tenants who have been impacted due to COVID-19 and who may be entitled to protection and rent relief.
NSW Small Business Commissioner Chris Lamont has announced the NSW Retail Tenancy Guide has been released. The press release accompanying the announcement of the availability of the guide recognised the contribution made by NANA in the review and finalisation of the document.
NANA provides the following additional information recently released by the NSW Small Business Commissioner which relates to the continuation of retail and commercial lease relief due to COVID-19.
On 17 November 2020 the NSW government announced a further and temporary extension to 28 March 2021 of the National Cabinet Mandatory Code of Conduct – SME Commercial Leasing Principles for retail tenants only with an annual turnover of less than $5 million. The announcement, part of the 2021 NSW Budget package, extends relief under […]