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Victoria’s rental relief extended

The Victorian Government has announced it will extend a ban on evictions and rental increases until the end of the year, increase assistance and ensure tenant turnover is taken into account in rental negotiations.

Evictions will continue to be banned for commercial tenancies until 31 December 2020, except in specific circumstances.

Rental increases will be banned until 31 December 2020 as well.

Additional measures will be introduced to the support services already in place. Support services currently offered include the dispute resolution for commercial tenants via the Victorian Small Business Commission (VSBC). These additional support measures are summarised below:

  • the VSBC will have greater capacity to make an order for rent relief if a landlord refuses to respond to rent relief requests;
  • commercial tenants and landlords will have access to further land tax reductions of up to 50 per cent – with eligible small businesses that own their own commercial premises being able to also benefit from land tax relief;
  • eligible small commercial landlords will have access to increased grant funding, which will provide up to $3,000 per tenancy;
  • advocacy groups such as Financial Counselling Victoria will have access to a new $600,000 package to ensure they can provide more training and resources to help tenancy and community sector workers support vulnerable tenants in resolving disputes with their landlords.

See the Government’s media release from earlier today, here.

Full details of the proposed changes are not yet available.  We will provide another update once we have reviewed the amendments to the existing Victorian leasing regulations.

Written by Sotheary Bryant

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Heightened levels of stress around the pandemic is also a relevant factor. An April 2020 study reported 88% of the participants (US employees) faced moderate to extreme stress during the pandemic and nearly 70% faced the most stressful time of their professional career.

Paul Evans

Managing Director, Toro Digital

Psychological hazards of e-working during the pandemic is a relevant factor. The Australian Psychological Society identified these hazards as conflicts between work and family, workload and over-working, future uncertainty and isolation/loneliness.

Heightened levels of stress around the pandemic is also a relevant factor. An April 2020 study reported 88% of the participants (US employees) faced moderate to extreme stress during the pandemic and nearly 70% faced the most stressful time of their professional career. Participants noted their productivity consequently declined by at least one hour a day for 62% and at least two hours for 32%.

Unsurprisingly, there has been a marked rise in mental health related prescriptions since March 2020.

These risks can be mitigated by undertaking appropriate risk analysis for each employee, ensuring controls are instituted that mitigate those risks, ensuring regular communication between management and employees around individual circumstances, setting clear expectations including around joint goals and objectives, scheduling regular informal team gatherings, and ensuring access to support and resources.

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