All publications relating to ‘Property’
The NSW Construction Industry – where are we at in 2020?
No-one could have anticipated the impact that so many unrelated, but colliding events, has had on all industry sectors throughout Australia in 2020. Whilst the long-term economic impact of these events on the construction industry is unknown, this industry is one sector which has been able to continue working, even…
Strata Schemes General Meetings in light of COVID-19
It has just been announced that the NSW Parliament is considering reforms to the Strata Schemes Management Act 2015 (SSMA) to remove the need for face-to-face meetings and allow owners corporations to operate electronically. In the meantime, owners corporations are still required comply with their obligations to hold meetings in…
Is your strata scheme functioning?
We recently acted for a lot owner/building manager in a Strata Application to the NSW Civil and Administrative Tribunal (NCAT) successfully seeking orders for the removal of the existing strata committee and the compulsory appointment of a strata manager to the scheme under s237 of the Strata Schemes Management Act 2015 (SSMA 2015)…
COVID-19 | Construction Works Within Strata Schemes
With the introduction of the Environmental Planning and Assessment (COVID-19 Development – Construction Work Days) Order 2020 on 31 March 2020 (the Order), strata schemes may be faced with decisions to make regarding the continuation or commencement of building works during the Government imposed restrictions and social distancing guidelines. Impact of…
COVID-19 | The Commercial Tenancies Code | 8 April 2020
In our previous update, we outlined some of the measures the Prime Minister intended to implement to provide support and relief for commercial tenants and landlords in financial distress as a result of the COVID-19 crisis. On 7 April 2020, the National Cabinet announced a mandatory code of conduct (click here) (Commercial Tenancies Code)…
COVID-19 | Changes to the Foreign Acquisitions and Takeovers Act 1975 | 31 March 2020
On 29 March 2020, the Hon. Josh Frydenberg MP, Treasurer, announced changes to the way foreign investment is reviewed in Australia.The two key changes are: All monetary screening thresholds in the Foreign Acquisitions and Takeovers Act 1975 (Act) have been reduced to $0 meaning all proposed foreign investment into Australia (unless…
COVID-19 | Property Updates & Alerts
COVID-19 | Changes to the Foreign Acquisitions and Takeovers Act 1975 | 31 March 2020On 29 March 2020, the Hon. Josh Frydenberg MP, Treasurer, announced changes to the way foreign investment is reviewed in Australia. View the key changes here.COVID-19 Advocacy Alert | Loan relief measures for commercial landlords | 3…
COVID-19 | Advocacy Alert | Loan relief measures for commercial landlords | 30 March 2020
Further to our updates on 26 March 2020 and earlier today, the Prime Minister announced last night that the National Cabinet agreed to a moratorium on evictions over the next six months for commercial and residential tenancies in financial distress who are unable to meet their commitments due to the impact…
COVID-19 | The latest on commercial tenancies | 30 March 2020
Further to our update on 26 March 2020 regarding the COVID-19 Legislation Amendment (Emergency Measures) Bill 2020 (Bill), on Sunday 29 March 2020, the Prime Minister announced that the National Cabinet agrees that short term intervention is needed for commercial tenancies. At this stage, there is nothing more than a set of…
COVID-19 Legislation Amendment (Emergency Measures) Act 2020 (NSW) – RETAIL LEASES ACT 1994 (NSW)
The COVID-19 Legislation Amendment (Emergency Measures) Bill 2020 (NSW) was passed by both Houses of the New South Wales Parliament on 24 March 2020, which received assent yesterday (Emergency Measures Act). Amongst other things, the Emergency Measures Act introduces a new Part 11 (Response to COVID-19 pandemic) into the Retail Lease…