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Posted on 2 Nov 2023Preparing the Family and the Farm for longevity: Family Farm Succession Planning in Victoria
For regional Victorians, the family farm is not just a land or a business; it’s home, a way of life, and a family legacy. It can be inextricably linked to generations of stories and…
Posted on 22 Feb 2022Family Trusts – beware the 8% duty surcharge
If you are purchasing residential property in your discretionary (family) trust, or may in future, then read on. In 2015, Victoria introduced an 8% stamp duty surcharge for foreign purchasers of residential property. This…
Posted on 17 Jan 2022Victorian Government Announces Extension to the Commercial Tenancy Relief Scheme (CTRS) 2021
On Saturday the Victorian government announced an extension to the 2021 CTRS. The 2021 CTRS has been extended to cover the period from 16 January 2022 to 15 March 2022 to provide “rent relief…
Posted on 10 Sep 2021New Rent Relief Regulations for Commercial Leases
As flagged in my earlier article, the Commercial Tenancy Relief Scheme Regulations 2021 are now in effect and set out the requirements for rent relief for eligible tenants and eligible leases and licences. Unfortunately…
Posted on 28 Jul 2021Announcement by Premier – Reintroduction of Rent Relief Scheme
The announcement made today confirms that the Commercial Tenancy Relief Scheme is being reintroduced in Victoria. Details have not yet been released but the Premier’s press release states that: The Scheme is available to…
Posted on 24 May 2021Family Trusts – beware the 8% duty surcharge
If you are purchasing residential property in your discretionary (family) trust, or may in future, then read on. In 2015, Victoria introduced an 8% stamp duty surcharge for foreign purchasers of residential property. This…
Posted on 14 Dec 2020Extension to COVID-19 Regulations in relation to commercial leases and licences
Jaala Pulford, the Victorian Minister for Small Business has posted an announcement stating that the existing Commercial Tenancy Relief Scheme will be extended “to provide support for small businesses that need it – to…
Posted on 11 Nov 2020COVID-19 Rent Relief Regulations for Commercial Leases & Licences
The COVID-19 Commercial Leases and Licences Regulations have been amended to extend the relevant period for rent relief to 31 December 2020. There are also a number of other significant changes including the following:…
Posted on 21 May 2020New Coronavirus Regulations for Commercial Leases & Licences
The Victorian Government has published the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020. The Regulations reflect some but not all of the leasing principles in the National Cabinet Mandatory Code of…
Posted on 9 Apr 2020Mandatory Code of Conduct for Commercial Leases During the Coronavirus
Last week the National Cabinet issued a statement confirming that it had met and agreed: That “states and territories would implement the attached mandatory Code of Conduct (the Code), including via legislation or regulation…