The Commercial Tenancy Relief Scheme
The Victorian Government has a commercial tenancy relief scheme to alleviate financial hardship faced by tenants and landlords as a result of COVID-19 which is available for City of Melton businesses and landlords to access.
For commercial tenants and landlords, the scheme will provide the following support:
A moratorium on commercial tenancy evictions until 29 September 2020 for the non-payment of rent for small to medium enterprises with an annual turnover under $50 million that have experienced a minimum 30 per cent reduction in turnover
freeze on rent increases during the moratorium for commercial tenants
a rental payment waiver or deferral proportionate to commercial tenants’ income reduction to be negotiated between tenant and landlord
a mediation service for commercial tenants and landlords to support fair tenancy negotiations
Landlord Land Tax Relief
The Victorian Government will provide land tax relief to commercial landlords that provide rent relief to their tenants, provided:
the tenant’s annual turnover doesn’t exceed $50 million
is an eligible business in the Commonwealth’s JobKeeper program, and
is suffering financial stress or hardship as a result of the pandemic
The Victorian Government will also provide land tax relief to residential landlords who provide rent relief to eligible tenants.
For more information on the commercial tenancy relief scheme process, both landlords and tenants can visit the process for commercial tenancy page.
You can apply for free mediation with the Victorian Small Business Commission to resolve your rent dispute. Make sure you include a copy of your or your tenant’s lease.
If you would like to discuss your commercial tenancy situation email the Victorian Small Business Commission at enquiries@vsbc.vic.gov.au or telephone 13 87 22.
Peter Forbes
Business Industry & Development Officer
Online Workshop
Join Victorian Small Business Commissioner Judy O'Connell for an informative workshop on negotiating rent relief in Victoria.
In this 45 minute workshop, Judy will cover:
the Commercial Tenancy Relief Scheme, and how it applies to your tenancy
the free mediation service offered by the Victorian Small Business Commission; and
resources to support your mental health through this time
Event details
Date: Thursday 13 August 2020
Time: 4pm to 5pm
Location: Online
Registrations: Click here to register