COVID-19 - Client Update 30/3/2020

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COVID-19 - Client Update 30/3/2020

30/3/2020 - REIQ Live Update regarding the Moratorium on Evictions

If you are a Landlord and trying to understand what this means to you, check out the Live Facebook video by Antonia Mercorella of the REIQ.

Link: https://www.facebook.com/TheREIQ/videos/681654109238556/

The Real Estate Institute of Queensland (REIQ) is the state’s peak professional association for real estate practitioners since 1918 of which Beautique Realty is a member.

Job Keeper Payment back dated to 1 March 

This latest $130 billion dollar stimulus package directly targets sole traders and businesses to be able to keep their employees.

"The payment will provide the equivalent of around 70 per cent of the national median wage.

For workers in the accommodation, hospitality and retail sectors it will equate to a full median replacement wage.

The payment will ensure eligible employers and employees stay connected while some businesses move into hibernation."

https://www.pm.gov.au/media/130-billion-jobkeeper-payment-keep-australians-job

We believe this will. Mention was also made that a rent stimulus package was still being worked on.