New Zealand

HNZ welcomes government rent relief support announcement

Legislation provides clear guidance and support for landlords and hospitality venues

Hospitality New Zealand (HNZ) has welcomed the NZ Government’s announcement today on rent relief support currently passing through Parliament.

HNZ chief executive, Julie White said her organisation is delighted with the decision to backdate the rent relief clause to the start of the current lockdown, ensuring hospitality businesses can seek rent relief during the most recent Alert Levels 3 and 4.

“As we know, as soon as the country enters a lockdown, the impacts on the hospitality sector are immediate, with both zero revenue and stock losses hitting the bottom line,” Ms White said.

“That’s why the ability to negotiate during the recent Level 3 and 4 periods across the country was a critical change that needed to be made in order for the proposals to be effective.

“We are grateful that Minister Kris Faafoi and the government have listened to our feedback and have enabled clear guidance and support for landlords and hospitality venues to negotiate rent relief.”

 

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