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Property

Rental support could cost 'as little' as $150m

Brent Melville
Thu, 02 Sep 2021

Out of the club, Coffee Club Skyworld shut after rental disputes. (Image: Supplied)
Brent Melville
Thu, 02 Sep 2021
A rental support package to help small businesses get through covid restrictions would run at about $150 million a month, says National shadow treasurer Andrew Bayly.That would be enough to help keep businesses with less than 19 staff afloat and was “pretty reasonable" when compared to the $1.6 billion the government was currently spending per week on covid support, Bayly told BusinessDesk.National wants the Crown to stump up 50% of the rent for those firms that already qualify for the wage subsidy or have suffered a 40% reduction in...

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