COVID-19 | Commercial tenancy relief measures extended in Victoria

The long awaited COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Miscellaneous Amendments Regulations 2020 (Vic) were released last night and will take effect from 29 September 2020. Which tenancies will the Commercial Tenancy Relief Scheme (CTRS) now apply to? The CTRS applies to ‘eligible leases’. The Amending Regulations have altered the definition of ‘eligible […]

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COVID-19 | Update: Changes to foreign investment framework and implications for the commercial leasing sector

Further to our previous article regarding changes to the foreign investment framework and the implications for the commercial leasing sector, on 24 April 2020 the Foreign Investment Review Board (FIRB) released a guidance note which, among other things, provides clarification as to the effect of the temporary measures which result from the Foreign Acquisitions and […]

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COVID-19 | Changes to foreign investment framework – implications for the commercial leasing sector

Introduction Effective from 29 March 2020, the Australian Treasurer introduced changes to the foreign investment framework which included the reduction of the monetary screening thresholds for foreign investments in Australia to $0. For information about how the new measures will impact on investments generally, see our previous article on the topic. Do commercial leases require […]

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