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Mandatory Code of Conduct for Commercial Leases

On 3 April 2020, the National Cabinet agreed that States and Territories would implement a mandatory Code of Conduct (the Code) which outlines a set of good faith leasing principles for commercial tenancies who are small-medium sized businesses with an annual turn over of $50 million and who are eligible for the Job Keeper Payment*. […]

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Can Purchasers rescind contracts for sale due to Covid-19?

Over the last few weeks the world as we know it has been turned on its head by the Covid-19 virus. The majority of the population is facing unprecedented unemployment and financial uncertainty, financial markets are in freefall and financial institutions are, again, tightening their lending criteria. The current situation is particularly problematic for purchasers, […]

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