Eligible commercial landlords with total taxable landholdings under $3 million that waive rent for their tenants between 28 July 2021 and 15 January 2022 can apply for grants of up to $6000 per tenancy.
In cases of acute hardship, small landlords may be eligible for grants of up to $10,000 per tenancy.
To be eligible for a grant, landlords must provide a rent waiver of at least 50 per cent to their tenants through the Commercial Tenancy Relief Scheme, and use the grant to offset the waiver.
Visit the link Commercial Landlord Hardship Fund to read more and apply.
Source: Business Victoria
Australian residential property values have continued their upward trend in recent months, though June saw a deceleration with both houses and units recording a modest 0.2 per cent monthly increase. The ongoing scarcity of available properties and limited listings has intensified competition, driving up prices in both capital cities and … Read more
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