Covid-19 update: Property Council calls for Land Tax relief; more councils provide rent relief

March 26, 2020

Uncategorized

As the Tasmanian Government has been debating its stimulus package, the Property Council has been pushing for relief for landlords in the form of Property Tax reductions or deferrals.

https://www.nationaltribune.com.au/property-council-of-australia-calls-for-urgent-utilities-state-and-local-government-relief/

https://www.propertycouncil.com.au/Web/Content/Media_Release/TAS/2020/PROPERTY_COUNCIL_OF_AUSTRALIA_CALLS_FOR_LAND_TAX_RELIEF.aspx

This is in line with the Victorian Government stimulus package announced last week which included the ability for commercial tenants in government buildings to apply for rent relief as well as the ability to defer land tax for eligible small businesses. The government announcement is below.

https://www.premier.vic.gov.au/economic-survival-package-to-support-businesses-and-jobs/

In addition to announcements by the City of Geelong, the City of Port Phillip has announced rental relief for its tenants.

http://www.portphillip.vic.gov.au/mar-2020-media_8930.htm

Elizabeth Ruddle

https://www.vicbar.com.au/profile/7530

Abilene Singh

https://www.vicbar.com.au/profile/9156

 

 

About Sam Hopper

Sam is a property and insolvency barrister.

View all posts by Sam Hopper

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