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 […]
NANA accepted an invitation from the NSW Small Business Commissioner and has made a substantial contribution to the content for a revision to the NSW Retail Tenant’s Guide (2020 version). Working with our leasing expert, NANA has forwarded over ten pages of comments on the draft guide together with an offer to the Commissioner to make […]
As foreshadowed last week, the NSW government has extended its retail and commercial lease COVID-19 relief arrangements until 31 December 2020.
NANA has received reports that the Cabinet of the NSW government has signed off on new regulations to support retail tenants such as Newsagents who have suffered a reduction in business due to COVID-19 impacts.
The NSW government announced last Friday it has extended COVID-19 pandemic relief available to commercial and retail tenants until 31 December 2020.
The NSW government amended legislation last Friday, 18 September 2020, which will allow for the extension of various COVID-19 emergency and relief measures. Whilst the legislative changes have pretty much flown under the radar, NANA expects that the NSW government will shortly announce that measures introduced in relation to retail and commercial leases will be […]
Some small businesses could be eligible for a further six months of rent relief, after a NSW court ruling tested recovery provisions for commercial tenants under the national cabinet’s mandatory code of conduct.