Please note that our new address is now Level 3, 545 Blackburn Road, Mount Waverley.

News

Land Tax Reforms in Queensland – Land Tax will now be assessed on Interstate Properties

The Revenue Legislation Amendment Bill 2022 (Qld) (the Bill) was introduced following the announcement of land tax reforms in the 2021-22 Budget Update. The Bill was passed on 24 June 2022, with the changes commencing on 1 January 2023 and applying to Queensland land tax assessments in the 2023-24 financial year.

As the Commercial Tenancy Relief Scheme ends, what options remain available to commercial tenants?

 In 2020, the Victorian government introduced emergency relief measures to address the financial impact of COVID-19 on commercial, retail and office tenancies.  Initially intended as a short-term scheme running from 29 March 2020 to 28 March 2021, the Commercial Tenancy Relief Scheme (the Scheme) introduced rent relief and protections for commercial and retail tenants.  The Scheme was varied and extended several times and eventually expired on 15 March 2022. 

A review into the Commercial Tenancy (Retail Shops) Agreements Act 1985 (WA) is underway

The Commercial Tenancy (Retail Shops) Agreements Act 1985 (WA) (the CT Act) is currently subject to review in accordance with section 31, which requires a review of the operation and effectiveness of the legislation to be carried out every five years.

The Commercial Tenancy Relief Scheme Regulations have arrived and apply for the period from 16 January 2022 to 15 March 2022

On 1 February 2022 the Commercial Tenancy Relief Scheme Regulations 2022 (“the 2022 Regulations”) were brought into effect in Victoria. The 2022 Regulations are substantially the same as the 2021 Regulations and cover the period from 16 January 2022 to 15 March 2022.