Commercial Tenancy Relief Scheme

Program overview

The Commercial Tenancy Relief Scheme has been reintroduced by the Victorian Government to alleviate the financial hardship faced by tenants and landlords as a result of the COVID-19 pandemic.

The Scheme will be available to businesses with an annual turnover of less than $50 million that have suffered a decline in turnover of at least 30% due to COVID-19.

The Scheme is broadly based on the previous Commercial Tenancy Relief Scheme that was introduced in 2020, with the objective of supporting tenants and landlords to negotiate in good faith to reach an agreement on rent relief in a timely manner.

Eligibility: Small to medium commercial tenants with an annual turnover under $50 million and a demonstrated decline in turnover of at least 30% due to the impact of COVID-19.

Closing date: 15 Jan 2022