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On 25 March 2020, the Australian Federal Government implemented amendments to various Insolvency Legislations under the Coronavirus Economic Response Package Omnibus Act 2020 (the Act) in order to minimise or avert the potentially fatal effects that COVID-19 may have on businesses throughout Australia.

NSW Premier Gladys Berejiklian joined in on Wednesday’s Regional NSW Taskforce meeting to discuss relevant issues and projects that are impacting on the local region. Taskforce members were able to engage with the Premier and voice their issues for the region during this current health crisis we are all facing. The Premier discussed the current planning for the pandemic and exactly what the road forward will look like!

As social distancing rules begin to ease, many workplaces are transitioning back to working in the office. Businesses are faced with the task of keeping their employees safe and healthy to avoid any unwanted infection or COVID-19 outbreak within the office.

The recent environment brought on by the COVID-19 pandemic has presented a number of difficulties in relation to the execution of documents, including plans and instruments which must be lodged for registration with NSW Land Registry Services.

Although the COVID-19 pandemic is still very serious, the Government has begun to ease restrictions as the number of cases in the state decreases.

The Federal Treasurer has made a Determination that temporarily allows for virtual company meetings, electronic notices of meetings and the electronic signing of documents during the COVID-19 pandemic.

If you sadly lost your home in the horrific bushfires recently, please read this article, it may help you. In the wake of the 2019/2020 NSW Bushfires, Revenue NSW has introduced the NSW Bushfire Transfer Duty Relief Scheme.

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.

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.

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.