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.
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
March 26, 2020
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