Amendments to the Retail Leases Act 1994 (NSW) will take place, with the intent to increase transparency and certainty of deals made during the negotiation stage, introduce fair protections and increase operational efficiency. Landlords and tenants of retail properties will be affected by these changes, and while some of the following will have impacted both […]
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Easing of Sydney’s lockout law provides relief for CBD Businesses
Posted date: December 9th 2016 . Author AdminSydney .
Thursday’s announcement by New South Wales’ Premier Mike Baird to soften its lockout laws may be seen as a relief for business operators in and around Sydney’s CBD and Kings Cross. The state government’s response to the easing of these laws, as recommended by an independent liquor law review, is the extension of the 1:30am […]
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GDP contracts for the first time in five years
Posted date: December 8th 2016 . Author AdminSydney .
Australia’s growth figures were released yesterday, with the revelation that the economy contracted by 0.5 per cent, in seasonally adjusted terms, over the September quarter. As a result, annual growth figures for the June quarter had also been revised down from the previous 3.1 per cent to 1.8 per cent. September’s figure is not only […]
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Hotel investment continues to flow into 2016
Posted date: April 20th 2016 . Author AdminSydney .
Investment in the hotel sector was significant during 2015 and is expected to follow throughout 2016. Strong demand from investors within the hotel sector is, no doubt, due to a number of factors currently influencing Australia including: The strong occupancy results for hotel accommodation; The recent increases in tourism and the low cash rate environment […]
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Commercial Tenant Default Insurance
Posted date: February 23rd 2016 . Author AdminSydney .
A new insurance product that protects against tenant insolvency has recently emerged within the Australian insurance industry. This product is offered exclusively through GSA Insurance Brokers, who provide “Commercial Tenant Default Insurance” to protect property owners against the exposure of tenant default and insolvency. The product is currently available for all types of commercial, retail […]
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