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Commercial tenants rent relief

By March 24, 2022No Comments

Victoria’s small business tenants and their landlords can access the latest guidance on rent relief.

The new web pages explain the Victorian Government’s Commercial Tenancy Relief Scheme (the Scheme), which has been extended to 15 March 2022.

Eligible business owners under financial pressure can get rent relief that matches their fall in turnover backdated to 16 January 2022. They’re also protected from rent increases and eviction during the Scheme.

To be eligible, businesses need to have an annual turnover under $10 million and to have had a fall in turnover of at least 30 per cent because of COVID-19.

They also need to have made a rent relief request to their landlord that complies with the Scheme’s requirements.