Qld Government’s retail Bill a win for small businesses, retailers say
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Qld Government’s retail Bill a win for small businesses, retailers say

May 12, 2016

The National Retail Association has today commended both sides of government for passing the Retail Shop Leases Amendment Bill with bipartisan support.

NRA Retail Tenancy Expert Michael Lonie said the introduction of the legislation is a win for local retailers.

“We welcome the bipartisan support, and congratulate both sides of government on working together in the interests of the domestic retail industry,” Mr Lonie said.

“This is all about reducing red tape and improving protection for Queensland small businesses involved in retail leasing.

“Domestic retailers are constantly having to compete with international retailers in Australia and online, but this Bill will help to level the playing field, safeguarding Queensland small businesses involved in retail leasing.

“A key takeaway from this Bill is that it will protect prospective buyers by requiring the seller to provide disclosures about the lease for the business premises, before a contract is entered in to.

“Small retailers are the backbone of the Australian economy and the engine room of jobs and growth, so it’s very pleasing to see this important legislation passed.” he said.

NRA Retail Tenancy Expert Michael Lonie is available for interviews.

Please call the NRA’s media unit on 07 3221 9222 or 0467 792 013.

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