A member of Victoria’s upper house is lobbying for commercial tenants, who have limited prospects of reopening for business after the pandemic has passed, to seek early termination of their leases.
This comes a week after similar legislation in Western Australia was put on the back burner following intense opposition from the property industry.
Fiona Patten, a Victorian upper house MP and leader of the Reason Party, said draft copies of Victoria’s rental relief legislation failed to allow businesses that were unlikely to reopening post-pandemic from terminating their lease.
“I think that’s an oversight in many ways because there’s a lot of commercial, small businesses that did it very tough over summer with the fires, and now with COVID-19 on top they are not going back [to operating] and they need to have some assistance in terminating their businesses,” she said…
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