Commercial landlords in NSW are now required by law to provide rental relief to tenants with annual turnover of up to $50 million following a legislative overhaul pushed through by the state government late last week.
The move, announced at 6pm on Friday, has been attacked by retail and commercial property industry groups angry at government meddling in an issue they say was under control.
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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com