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WA extends commercial rent relief for another 6 months

Adrian Flores
Adrian Flores
10 September 2020 1 minute readShare
WA extends commercial rent relief for another 6 months

Western Australia has become the latest state to announce to revise its laws around rent relief to commercial tenants by extending them a further six months until 28 March 2021.

The move means existing laws, including the moratorium on evictions, freeze on rent increases and code of conduct for small business commercial lease rent relief negotiations, will continue to apply beyond the original end date of 29 September.

The decision comes days after South Australia extended its commercial rent relief scheme until 3 January 2021.

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The WA government hoped the extension should provide assistance to small businesses that continue to experience financial hardship resulting from the pandemic and qualify for JobKeeper.

“The decision to extend the emergency period for a further six months is consistent with the emergency period recently announced in Victoria and South Australia,” said WA Commerce Minister John Quigley.

 

“While it’s pleasing to see many businesses recovering economically, there are still others in COVID financial hardship.

“This targeted application of the code acknowledges the resilience of many WA businesses while continuing to assist those that need the protection.”

WA Small Business Minister Paul Papalia said that while some WA businesses have successfully weathered the uncertainty of the past few months, he also acknowledged that many others are still doing it tough.

“Extending the emergency period will assist these tenants to negotiate further rent relief with their landlords to provide additional breathing space as the WA economy continues to rebound,” Mr Papalia said.

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“Since the introduction of the WA code, the Small Business Commissioner has helped thousands of commercial landlords and small-business tenants with their negotiations.

“Assistance with disputes will continue to be offered free of charge for all parties during this extended period.”

WA extends commercial rent relief for another 6 months
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Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].

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