Back to the drawing board on commercial rent abatement legislation

Wed, 24 Jun 2020

It's back to the drawing board for the coalition government and those commercial tenants who would have qualified for rent abatement after the government’s commercial rent relief legislation was shelved this week. But the scuttling of the rent abatement bill - after coalition partner NZ First pulled the pin ahead of its tabling yesterday - is welcome news for many commercial landlords who are worried that the proposed legislation would run roughshod over lease contracts. The legislation is part of a $40 million lifeline intended to help s...

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