COVID-19 daily wrap: Three-step plan to lift restrictions

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The National Cabinet has introduced a three-step framework on easing coronavirus restrictions, with states and territories to decide on their own pace. Premier Mark McGowan on Sunday will announce which coronavirus restrictions will be lifted in Western Australia

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ASX gains as virus lockdowns set to ease

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Energy, banks drag down listless ASX

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ASX dips as banks show weakness

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Primewest, RSM partner to help commercial tenants

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ASX-listed funds manager and retail landlord Primewest has offered to cover the cost of professional advice for its retail and commercial tenants affected by COVID-19, in a partnership with multinational accounting firm RSM

Under the deal, Primewest will pay for its tenants to access RSM’s expertise to determine whether they are eligible for government stimulus, as well as advice on how to proceed with the application process.

Tenants will also receive assistance to prepare financial information to obtain rent relief under the new commercial tenancy code of conduct.

Primewest director David Schwartz said the company had more than 1,600 tenants in its $1 billion-plus retail portfolio across Australia, many of which are small businesses.

“For us, our philosophy is that a dead tenant is not a good tenant, so we have got to do everything that we can to make sure that they survive,” Mr Schwartz told Business News.

“When you are in a financial bind, the last thing you want to do is go and spend money on accountants and advice, so we’ve said we are prepared to pay and we want to help the small guys through.”

Mr Schwartz said he was not aware of

Green light for solar export plan

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