ABC report on government measures for COVID-19, including reference to rent payable during closure periods

March 27, 2020

Uncategorized

The ABC have posted an article foreshadowing the Federal Government’s package to help the country through the COVID-19 crisis.

The report includes the following that is relevant to landlords and tenants:

Banks, lenders and landlords would all be asked to wear some of the pain, waiving all overheads including rents and mortgage repayments for at least the next six months.

 …

National Cabinet is expected to sign-off on relief for commercial and residential renters today, with state leaders moving to prevent evictions during the downturn.

For more details, see: https://www.abc.net.au/news/2020-03-27/coronavirus-business-hibernation-australia-responds-to-pandemic/12095738

About Sam Hopper

Sam is a property and insolvency barrister.

View all posts by Sam Hopper

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