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Rent relief extended for small business owners

Small business owners can now seek rent relief until 13 March 2022.

Small businesses affected by COVID-19 will be able to seek rent relief until 13 March 2022.

The Retail and Other Commercial Leases (COVID-19) Regulation 2022 rent relief provisions will continue for eligible businesses with a turnover of less than $5 million.

The regulations require landlords to negotiate rent relief with eligible commercial and retail tenants that are experiencing a turnover decline of 30 per cent or more or would have met the eligibility criteria for Jobsaver or the Microbusiness grant.

Rent relief should be proportionate with eligible tenant’s decline in turnover, with at least 50 per cent in the form a waiver, and the balance a deferral.

Landlords can access the Commercial Landlord Hardship Fund, which currently provides small commercial or retail landlords with a monthly grant up to the value of any rental relief provided, to a maximum of $3,000 per month per property.

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RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.
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