Australian Property Journal –
OPINION: IN the enthusiasm of Governments around the nation to be pro-active with financial support for COVID-19, commercial landlords have been abandoned – particularly those who rely on small to medium sized enterprises for their income.
Contract law has been tipped on its head. Commercial property lessors now must bear the burden of the financial stress of their tenants. In the context of COVID-19, this seems, superficially, a case of sharing the pain in the “unprecedented” economic situation. But the precedent is now established – and it is dangerous.