NSW rent relief for COVID-19 impacted lessees

The NSW Government has now made rent relief assistance available to help minimise the impact of lockdown on NSW businesses with lease agreements. The relief comes following amendments to the Retail and Other Commercial Leases (COVID-19) Amendment Regulation 2021 (NSW) (‘the Regulation’) earlier this month. The amendments were passed on 13 August 2021 and provide […]

VIC COVID-19 commercial rent relief

The Governor in Council released the Commercial Tenancy Relief Scheme Regulations 2021 on 24 August 2021. The scheme seeks to provide rent relief to commercial tenants affected by COVID-19 and operates in a similar manner to the Regulations released in March 2020, which expired on 28 March 2021. However, there are key differences including more […]

NSW COVID-19 land tax relief

The NSW Government land tax relief is now available to commercial and residential landowners who provide a reduction in rent to tenants experiencing financial distress due to COVID-19. Following a similar scheme provided in 2020, the current program provides a reduction in land tax payable for the 2021 land tax year for eligible landowners providing […]

Financial Reporting update

Our team of experts discussed the latest changes to Australian reporting requirements and their potential implications for preparers of financial statements. In this webinar recording Bessie Zhang, Rene Muller, Tom Mullarkey, Jimmy Cao and Callum Murray covered the following topics with nearly 500 attendees: COVID-19 impacts on financial reporting New Simplified Disclosure Regime (SDR) reporting […]