News

Commercial Tenancy Rent Relief Scheme Extended

On 1 October 2018, the Fair Work Commission, as part of its 4-year modern award review, made a decision to amend evening, Saturday and Sunday penalty rates. This article explains these amendments.

Responsible Lending Obligations to be Wound Back

The Federal Government’s has recently announced a plan to wind back responsible lending obligations on lenders to boost Australia’s economic recovery. This article explains the key changes and how this proposed streamlining will change the current regulatory landscape.

What to do if you settle a court action and the other party defaults?

Recently, the Supreme Court of Victoria heard the case of Australian Xinyangfeng Fertilizer Pty Ltd v Freshwater [2020] VSC 450 which provides an example of one of the mechanisms available to parties when another party defaults on a settlement agreement to hold the defaulting party to the bargain struck. The re-opening of the old case fast-tracked enforcement of the original agreement, saving time and the cost of initiating new proceedings.

Victorian Leasing Update – a must read for all Landlords and Tenants

On Friday 1 May 2020 the Covid-19 Omnibus (Emergency Measures)(Commercial Leases and Licences) Regulations 2020 were released.  As expected, the Regulations apply for the period from 29 March 2020 to 29 September 2020. The Regulations somewhat mirror the National Cabinet Mandatory Code of Conduct (the “Code”), but there are some notable differences. Rent Relief not…