New Victorian Regulations designed to mitigate the effect of the COVID-19 (coronavirus) pandemic on “eligible leases” in Victoria have finally been released. They shall apply retrospectively from 29 March 2020. A Mandatory Code was announced by the Federal Cabinet in April 2020, but this contained high level “leasing principles” only [...]
The Prime Minister announced yesterday the introduction of The Mandatory Code of Conduct (the Code). The Code sets out a series of guidelines for negotiated solutions to financial distress caused by the COVID-19 crisis in the commercial leasing context. It addresses, among other things, tenant relief eligibility requirements, mandatory rent [...]
Following our previous update on the escalating COVID-19 situation in the commercial lease context, the Prime Minister has just announced a 6 month moratorium on termination of commercial and residential tenancies for non-payment of rent. There have also been additional reports today that Banks will allow commercial landlords with loans [...]
Just like many other sectors, retail and commercial tenants and landlords are currently under pressure and desperate to know what their options are in the current COVID-19 crisis. There have been reports that the Victorian Government will shortly announce the introduction of new legislation relating to rent relief for tenants dealing [...]
From a legal perspective, the COVID-19 virus has raised substantial questions in relation to a range of issues across multiple sectors of industry. Some of those issues relate to insurance and the impact on contractual obligations under leases, building contracts, property transactions and supply contracts, cyber-security, employer-employee relations, the privacy [...]
As coronavirus (COVID-19) continues to spread across the globe, employers are grappling with how best to protect and manage their employees in these very unusual circumstances. Pointon Partners has the expertise to assist your business as you deal with these difficult issues against a backdrop of uncertainty. Listed below are [...]
We are very aware that the changes to the BOLR Policy announced by AMP on 8 August 2019 have created considerable uncertainty for AMP financial planners. Those changes consist of reducing the 4x multiple of recurring revenue to 2.5x and also reducing and ultimately phasing out the multiple applicable to [...]
A party affected by a lost trust deed would expect much inconvenience and frustration. This article examines the two main pathways available and the relevant pointers that will come in handy should you be placed in such a circumstance. On the outset, it is prudent to ascertain whether the missing [...]
If you or your business are deemed a “health service” provider and hold “health information” for the purposes of the Privacy Act 1988 (Cth) (“Privacy Act”), then you need to be aware of your obligations under the Privacy Act and in particular the requirements of the Australian Privacy Principles which are [...]
Gym operators hiring personal trainers –make sure you consider the options and understand the legal consequences of getting it wrongCommercial gyms may engage personal trainers to work with their clientele and add value to the overall membership experience. Gym operators need to consider their approach to engaging personal trainers to maximise [...]
