Category: COVID-19

News

POSTED: 11 May 2020
Following the advent of the Retail and Other Commercial Leases (COVID-19) Regulations 2020, which prompts landlords to assist in adopting rent relief for their tenants, the NSW Government has recently introduced a land tax relief system that will act as an incentive for Commercial and Residential Landlords to provide this much needed rent relief for those in financial duress as a result of the current COVID-19 pandemic.
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News

POSTED: 08 May 2020
The COVID-19 pandemic has presented a number of difficulties in relation to the lodgement and registration of numerous real property documents with NSW Land Registry Services. This in turn has impacted, or has potential to impact, a large number of people, including anyone wishing to buy, sell, alter or vary any Property, to landlords and tenants and mortgagees and mortgagors. Like the majority of society, the NSW Land Registry Services is introducing a number of initiatives which aim to adapt to the COVID environment and make processes more remotely accessible, for industry professionals and individuals alike.
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News

POSTED: 30 Apr 2020
If you are a “foreign person” investing in Australia, be that real estate, businesses or other assets, you should be aware of the existing framework of approvals required from the Australian Government, and in particular the Foreign Investment Review Board (FIRB), prior to the acquisition of these assets.
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News

POSTED: 30 Apr 2020
The NSW Government published on Friday 24 April 2020 the Retail and Other Commercial Leases (COVID-19) Regulation 2020 (Regulation). This is the formal adoption by the NSW Government to ratify and implement, with effect from 24 April 2020, the National Cabinet Mandatory Code of Conduct (Code of Conduct) issued by the Australian Government on 3 April 2020 to prescribe a set of good faith leasing principles to deal with the COVID-19 pandemic on the economy.
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News

POSTED: 27 Apr 2020
As mentioned in our previous article, on 22 April 2020, the NSW Attorney General has announced the temporary introduction of the Electronic Transactions Amendment (COVID-19 Witnessing of Documents) Regulation 2020 (NSW) (Regulation) which allows video conferencing technologies, such as Skype, WhatsApp, FaceTime and Zoom to be used in witnessing of certain legal documents during the COVID-19 pandemic. These changes will make it easier for the residents of NSW to stay home and reduce physical interactions, while still completing important transactions.
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News

POSTED: 27 Apr 2020
With the impact of COVID-19 affecting thousands of businesses across Australia, Virgin Australia has been forced into voluntary administration noting the shutdown of the airline industry to help prevent the spread of the disease.
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News

POSTED: 24 Apr 2020
On the 22 April 2020, the Electronic Transactions Amendment (COVID019 Witnessing of Documents) Regulation 2020 was published. In a media release regarding the Amendment, the Attorney General Mark Speakman confirmed that this will allow for the temporary use of video conferencing technology including Zoom, Skype and Facetime to witness important legal documents.
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News

POSTED: 23 Apr 2020
Federal Government Reform to Retail Leases. What does this mean for you?
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News

POSTED: 17 Apr 2020
The Federal Government’s JobKeeper stimulus package, which was announced on 8 April 2020, provides not only financial wage relief for eligible business – it also provides increased flexibility for operations of eligible businesses.
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News

POSTED: 15 Apr 2020
The Fair Work Commission has recently made sweeping changes to over 100 different Industry Awards to address the COVID-19 pandemic and the consequential strain placed on both employers and employees.
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