❓ Hon. Kate Doust questions the Minister for Commerce on the delay in finalising and releasing the decision regulatory impact statement regarding retail leasing, highlighting concerns about transparency and fairness for small retailers. The Minister responds, indicating the statement is with the government for consideration and outlines planned amendments to address transparency.
AnsweredQoN 651Legislative Council
QuestionView source ↗
RETAIL LEASING —
DECISION REGULATORY IMPACT STATEMENT
651. Hon KATE DOUST to the Minister for Commerce:
I refer the minister to the article in The Australian Financial Review of 18 July 2012 headed ''Leasing
secrecy 'creating lost opportunity''' and to the fact
that submissions for the consultation report closed on 11 August 2011.
(1) Has the decision regulatory impact statement been
finalised; and, if not, why not?
(2) If yes to (1) —
(a) when was it completed; and
(b) when will it be released?
(3) If no to (1) —
(a) when is it likely to be
completed; and
(b) why has it taken so long to
conclude?
(4) Can the
minister confirm that without a lease register, small retailers are at a
disadvantage when negotiating with landlords?
DECISION REGULATORY IMPACT STATEMENT
651. Hon KATE DOUST to the Minister for Commerce:
I refer the minister to the article in The Australian Financial Review of 18 July 2012 headed ''Leasing
secrecy 'creating lost opportunity''' and to the fact
that submissions for the consultation report closed on 11 August 2011.
(1) Has the decision regulatory impact statement been
finalised; and, if not, why not?
(2) If yes to (1) —
(a) when was it completed; and
(b) when will it be released?
(3) If no to (1) —
(a) when is it likely to be
completed; and
(b) why has it taken so long to
conclude?
(4) Can the
minister confirm that without a lease register, small retailers are at a
disadvantage when negotiating with landlords?
AnswerView source ↗
I thank the honourable member for notice of this question. It
shows just how far behind the times in the state of play the Australian Labor
Party really is.
(1)–(3)
The decision regulatory impact statement is currently with government for
consideration and will be released following cabinet's decision.
(4) Important
factors, including shop location, the tenant mix, the economic climate and
lease information, are issues that need to be taken into account when
negotiating with landlords. Amendments to the Commercial Tenancy (Retail Shops)
Agreements Act 1985 that the government will be implementing will provide
greater transparency and fairness through changes such as a requirement for
landlords to disclose certain leasing information to tenants prior to entry
into a lease, provisions regulating rent reviews and provisions regulating the
allocation of operating expenses.
shows just how far behind the times in the state of play the Australian Labor
Party really is.
(1)–(3)
The decision regulatory impact statement is currently with government for
consideration and will be released following cabinet's decision.
(4) Important
factors, including shop location, the tenant mix, the economic climate and
lease information, are issues that need to be taken into account when
negotiating with landlords. Amendments to the Commercial Tenancy (Retail Shops)
Agreements Act 1985 that the government will be implementing will provide
greater transparency and fairness through changes such as a requirement for
landlords to disclose certain leasing information to tenants prior to entry
into a lease, provisions regulating rent reviews and provisions regulating the
allocation of operating expenses.
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