The National Retail Association is pleased to hear that the Victorian and New South Wales Governments have extended their...
The National Retail Association is pleased to hear that the Victorian and New South Wales Governments have extended their commercial tenancy support schemes to March 2022. The NRA has lobbied hard for this crucial support to be extended for struggling small business owners, and we continue to advocate for...
Our thoughts are with everyone impacted by the devastating flooding occurring in the past week. Having assisted numerous retailers...
Our thoughts are with everyone impacted by the devastating flooding occurring in the past week. Having assisted numerous retailers impacted by flooding over recent years, we have some idea of the financial and mental stress these events can place on small business owners. Actioning a few critical steps during...
To ease the pressure on Victoria’s small and medium-sized businesses during the lockdown, the Victorian Government reintroduced the Commercial...
To ease the pressure on Victoria’s small and medium-sized businesses during the lockdown, the Victorian Government reintroduced the Commercial Tenancy Relief Scheme (the Scheme). The Scheme will help small and medium-sized businesses with an annual turnover of less than $50 million that have experienced a fall in turnover of more...
In April 2021, the Australian Competition and Consumer Commission (ACCC) re-authorised the Casual Mall Licensing Code of Practice for...
In April 2021, the Australian Competition and Consumer Commission (ACCC) re-authorised the Casual Mall Licensing Code of Practice for an additional 10 years, a welcomed decision by both the National Retail Association (NRA) and the Shopping Centre Council of Australia (SCCA). The NRA are part of the Code Administration Committee...
The Shopping Centre Council of Australia (SCCA) and the National Retail Association (NRA) have jointly welcomed the determination by...
The Shopping Centre Council of Australia (SCCA) and the National Retail Association (NRA) have jointly welcomed the determination by the Australian Competition and Consumer Commission (ACCC) to re-authorise the Casual Mall Licensing Code of Practice for an additional 10 years, the longest extension since the Code’s inception in 2007. The...
By Kyle Swain, Retail Director Australia & New Zealand, Lpc Cresa This past weekend, the Age newspaper in Melbourne published...
By Kyle Swain, Retail Director Australia & New Zealand, Lpc Cresa This past weekend, the Age newspaper in Melbourne published a piece declaring “Weekend foot traffic nears pre-pandemic level” and quoted the Deputy Lord Mayor saying that “every extra person in the city represented another opportunity for CBD businesses that...
By Dylan O’Donnell, Managing Director, Victoria – Lpc Cresa Most retail tenants do not realise (or even consider) the...
By Dylan O’Donnell, Managing Director, Victoria – Lpc Cresa Most retail tenants do not realise (or even consider) the true value they bring to a lease negotiation. Often, simply being aware of what a deal is worth to the landlord can help a tenant to structure a lease in...
By Kyle Swain, Retail Director Australia & New Zealand, Lpc Cresa retail leasing The COVID-19 coronavirus continues to wreak havoc...
By Kyle Swain, Retail Director Australia & New Zealand, Lpc Cresa retail leasing The COVID-19 coronavirus continues to wreak havoc on every aspect of our lives, and it seems retail is the most visual indicator of that. This week sees Brisbane in another devastating ‘lockdown’ which requires all residents to...
Written by Kyle Swain, Retail Director, Australia and New Zealand – Lpc Cresa Our thoughts are with everyone impacted by...
Written by Kyle Swain, Retail Director, Australia and New Zealand – Lpc Cresa Our thoughts are with everyone impacted by the devastating flooding occurring this week. Having assisted numerous retailers impacted by flooding over recent years, we have some idea of the financial and mental stress these events can place...
The Victorian Government has made changes to extend the Commercial Tenancy Relief Scheme (the Scheme) until the end of this...
The Victorian Government has made changes to extend the Commercial Tenancy Relief Scheme (the Scheme) until the end of this year. Under these changes, an eligible tenant who is seeking rent relief must apply to their landlord in writing with evidence that they are eligible for the Scheme as soon as possible. This is important as rent relief is only available from the date a tenant...
The National Retail Association (NRA) has welcomed the ACCC announcement proposing to grant authorisation for NRA members to engage...
The National Retail Association (NRA) has welcomed the ACCC announcement proposing to grant authorisation for NRA members to engage in information sharing and, in the case of tenants, collective bargaining with respect to their leases. NRA CEO Dominique Lamb said the draft determination meant that NRA members are one...
On 29 March, the Prime Minister announced a “common set of principles” in relation to commercial leasing. The parties...
On 29 March, the Prime Minister announced a “common set of principles” in relation to commercial leasing. The parties to this document understand that states and territories will implement these principles as they see fit, including through possible retail lease legislation. In this regard, the parties to this document propose...
The National Cabinet has given the New South Wales government the power to ban evictions in “particular circumstances”. Prime...
The National Cabinet has given the New South Wales government the power to ban evictions in “particular circumstances”. Prime Minister Scott Morrison has previously said he expects the ban period to be six months, which is the current predict for the duration of the coronavirus crisis. Last night in state parliament an...
In today’s dynamic, multi-channel retail environment, a well thought-through and executed property strategy can make all the difference to...
In today’s dynamic, multi-channel retail environment, a well thought-through and executed property strategy can make all the difference to your business thriving, or not. Our leasing and property partners Lpc Cresa are one of Australia’s leading tenant-only advisory services businesses, and they are touring Brisbane, Sydney and Melbourne with...
By Kyle Swain, Retail Director Aust & NZ, Lpc Cresa Our thoughts are with everyone impacted by the devastating fires...
By Kyle Swain, Retail Director Aust & NZ, Lpc Cresa Our thoughts are with everyone impacted by the devastating fires in New South Wales and Queensland which continue to threaten homes, businesses and possibly more lives this week as well as those affected by the severe storm event north of...
By Kyle Swain, Retail Director Australia & New Zealand, Lpc Cresa By the time your lease ends, your rent will...
By Kyle Swain, Retail Director Australia & New Zealand, Lpc Cresa By the time your lease ends, your rent will have increased annually at a higher rate than your sales growth causing a profit erosion to your business over the term of the lease – in many cases to the...