Malls cut hours as retailers squeezed
Nick LenaghanProperty editor
Major shopping centres have begun scaling back opening hours in an effort to nurse their struggling retailers through the coronavirus-caused economic slump.
The move follows a series of measures set out by the national cabinet to protect retail tenants' viability during the crisis including a moratorium on evictions. A $130 billion wage subsidy package announced on Monday will further bolster retailers' effort to stay afloat.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
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