• Advertise
  • About us
  • Terms and Conditions
  • Contact us
Thursday, July 10, 2025
Australian Times News
  • News
    • Weather
    • Sport
    • Technology
    • Business & Finance
      • Currency Zone
    • Lotto Results
      • The Lott
  • Lifestyle
    • Entertainment
    • Horoscopes
    • Health & Wellness
    • Recipes
  • Travel
  • Expat Life
  • Move to Australia
No Result
View All Result
  • News
    • Weather
    • Sport
    • Technology
    • Business & Finance
      • Currency Zone
    • Lotto Results
      • The Lott
  • Lifestyle
    • Entertainment
    • Horoscopes
    • Health & Wellness
    • Recipes
  • Travel
  • Expat Life
  • Move to Australia
No Result
View All Result
Australian Times News
No Result
View All Result
Home News

NSW re-introduces leasing code as small commercial tenants suffer

Retailers welcome the return of the Leasing Code of Conduct to protect small tenants, but property owners are not so sure.

Mike Simpson by Mike Simpson
15-08-2021 07:00
in News
Erik McLean on Unsplash

Erik McLean on Unsplash

Retailers in lockdown-beleaguered New South Wales have applauded the long-advocated return of the Leasing Code of Conduct in NSW, which provides protections and financial support for small commercial tenants suffering through the state’s prolonged lockdown.

The Australian Retailers Association’s CEO, Paul Zahra, said the code successfully supported small- and medium-size businesses through the first wave of the pandemic and its return is a measure that the association had called for over many months, as retailers face mounting costs with little to no income.

“Rents are the biggest issue for retailers suffering the current lockdown in NSW, and many are scrambling trying to keep their businesses alive with mounting costs and little or no money coming through the door,” Zahra stated.

‘Decisive leadership’ will save many small businesses

“We have been in intense discussions with the NSW Government over this matter – particularly in recent weeks as lockdowns show no sign of easing.

“The Government not only listened; they have improved the scheme by increasing relief to landlords as well as tenants. This is decisive leadership that will save the lives of many small businesses.”

The association says businesses in NSW are feeling the pain now more than at any stage of the pandemic, with Australia’s economic capital facing its longest-ever lockdown, and has been calling for the return of tried-and-tested support schemes that worked well during the initial phase of the pandemic

“The ability of some retailers to pay their rents during this difficult period has been causing much stress and anxiety, so the announcement from the NSW Government has come as a welcome relief,” it said in a statement.

AlsoRead...

The Broker who says ‘Yes’ when Banks say NO

The Broker who says ‘Yes’ when Banks say NO

8 July 2025
Leading with Trust: Why Quality still wins in the AI Era

Leading with Trust: Why Quality still wins in the AI Era

5 June 2025

Property Council worried about a ‘blanket approach’

But not all are as pleased with the State Government announcement and the Property Council of Australia has expressed concern that it is a ‘blanket approach’ when targeted support is what is needed.

“Our members recognise the importance of supporting their tenants and are overwhelmingly acting to ensure their tenants viability through this lockdown to those in genuine need, on a tailored case-by-case basis,” the council’s NSW Executive Director, Luke Achterstraat, said.

“This one-size-fits-all intervention is a blanket approach in a challenging time when targeted support for those in genuine need is better suited. Government intervention in contracts not only risks the existing commercial relationships, but it also harms the potential for the economic recovery of the state on the back of this lockdown.”

Tags: Business Impacts of Covid-19COVID-19 in New South WalesLockdownspropertyretailing
DMCA.com Protection Status

SUBSCRIBE to our NEWSLETTER

[mc4wp_form id=”2384248″]

Don't Miss

The Broker who says ‘Yes’ when Banks say NO

by Pauline Torongo
8 July 2025
The Broker who says ‘Yes’ when Banks say NO
Business & Finance

When faced with constant loan rejection or last-minute withdrawals of support, Trelos Finance stands out as a solution.

Read more

Common Mistakes When Buying a Telescope — And How to Avoid Them

by Fazila Olla-Logday
1 July 2025
Common Mistakes When Buying a Telescope
Technology

You’ve spent hours scrolling through telescope specs online, dazzled by features and grand promises. The excitement builds—until your newly arrived...

Read more

From Portugal to Bali: Where Aussies Should Go for Your Next Coastal Holiday

by Fazila Olla-Logday
20 June 2025
Source: Flickr
Travel

Aussies, here is a guide to where you should go for your next coastal holiday.

Read more

Leading with Trust: Why Quality still wins in the AI Era

by Pauline Torongo
5 June 2025
Leading with Trust: Why Quality still wins in the AI Era
Business & Finance

If you're leading a software team today, you've likely noticed the shift: faster feature rollouts, routine automation, and AI taking...

Read more

How to Save on Airport Parking: Budget Tips Every Traveller Should Know

by Fazila Olla-Logday
3 June 2025
How to Save on Airport Parking
Travel

Saving money on airport parking can be a challenge,but here are some budget friendly tips to help you navigate.

Read more

Why Australian Investors are Betting on the Aviation Maverick Louis Belanger-Martin

by Pauline Torongo
28 May 2025
Why Australian Investors are Betting on the Aviation Maverick Louis Belanger-Martin
Business & Finance

Bélanger-Martin’s ambitions stretch beyond redefining inflight comfort—they’re rooted in resurrecting the romance of supersonic travel with a modern twist.

Read more

Why a Gluten Free Hamper is simply the Best Gift for a Coeliac

by Fazila Olla-Logday
22 May 2025
Gluten Free Hamper
at

Buying a thoughtful gift can be tricky at the best of times, but when someone has dietary restrictions like coeliac...

Read more
Load More

Copyright © Blue Sky Publications Ltd. All Rights Reserved.
australiantimes.co.uk is a division of Blue Sky Publications Ltd. Reproduction without permission prohibited. DMCA.com Protection Status

  • About us
  • Write for Us
  • Advertise
  • Contact us
  • T&Cs, Privacy and GDPR
No Result
View All Result
  • News
    • Weather
    • Sport
    • Technology
    • Business & Finance
      • Currency Zone
    • Lotto Results
      • The Lott
  • Lifestyle
    • Entertainment
    • Horoscopes
    • Health & Wellness
    • Recipes
  • Travel
  • Expat Life
  • Move to Australia

Copyright © Blue Sky Publications Ltd. All Rights Reserved.
australiantimes.co.uk is a division of Blue Sky Publications Ltd. Reproduction without permission prohibited. DMCA.com Protection Status