Prime Minister Scott Morrison announces new rental waivers and deferrals for commercial tenants hit by the impact of the coronavirus crisis.
Under the scheme landlords will have to reduce leases in proportion to the reduction in the tenant’s business. The waivers will have to account for at least 50 per cent of the reduction in business.
Meanwhile, Chief Medical Officer Brendan Murphy gives an update on Australia’s coronavirus cases.
Read more here: https://ab.co/2JHi1k5
00:07- PM gives an update on latest coronavirus cases across Australia
02:22- PM urges Australians to continue to stay home, even during Easter holidays to avoid backtracking in flattening the curve
04:13- PM gives background to the coronavirus modelling that will be presented to the public
(Watch the modelling presentation here: https://www.youtube.com/watch?v=epO_ZWoWeHE)
07:19- PM announces a new rent relief package for commercial tenants and landlords
13:32: Prof Murphy announces that Australia has 5,844 coronavirus cases
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