New retail tenancy laws will help small business: O'Brien

Commerce Minister Simon O’Brien says a level playing field for retailers is one step closer after the passing of new commercial tenancy legislation through state parliament yesterday.


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So that's the good news. Here's the bad news. The big leasing companies and landlords will still have the financial muscle to bleed the tenant dry irrespective of who is right or wrong. Tenants have their lives on the line. 100% involved. Landlords can amortise these costs easily and most of them have in house counsel. If these laws were passed it means only one thing.... that tenants for years have been getting a raw deal.... and guess what... nothing will change.

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