8 April 2020
Scott Morrison announced yesterday, the details of the new Commercial Tenancies Mandatory Code of Conduct (the Code). The Code includes principles that relate to rental waivers and deferrals for commercial tenants hit by the impact of the coronavirus crisis.
Under the scheme, states and territories will legislate to require landlords whose SME tenants are eligible for Job Keeper payments to reduce commercial rent payments in the same proportion that the tenant’s revenue has fallen due to the COVID-19 outbreak.
The total reduction in rent payments during this period can comprise both a waiver of rent and a deferral of rent.
The waiver of rent will have to account for at least 50% of the reduction in the rent payments from the tenant.
Deferrals (rental payments that will need to be made, but can be put off) unless otherwise agreed must be spread over the greater period of:
- the remaining time on a lease; and
- 24 months
In addition, any reduction in statutory charges (eg land tax, rates) or insurance is to be passed on to the tenant.
12 December 2019
Name: Liz Timmins
Role: Super Strategist and Financial Advisor
Liz has been with Boyce for just over 25 years and she contributes to the heart and soul of the Cooma office. Liz now works with Boyce Financial Services and remains involved in Superannuation and has guided Boyce staff and clients through the ever-changing industry. Liz has excellent client relationships built on her knowledge and her caring approach.
4 December 2019
Name: Hannah Boland
Role: Manager, based in Boyce Moree.
1. What sparked your interest in a career with Boyce?
I love living in rural communities, so the fact that Boyce had multiple regional office locations in NSW was a big drawcard for me. I grew up in Yeoval, NSW, a small town in the Central West, so finding a job in Financial Services in a place like Moree was my goal.
2. Describe your path to securing your current role?
In 2006 I was in my last year at the University of New England in Armidale studying a Bachelor of Financial Administration and I applied for a Graduate Accountant position at the Boyce Moree office. I secured the role and a few years later was promoted to the role of Accountant. I am now a Manager, so working for Boyce has been great for my career progression.
3. What do you love about your job?
I love working with my clients; assisting them to best understand their financial position and make informed decisions is really rewarding. The drought has been challenging for lots of people in this community including our clients. It is in times like these that one of our Boyce core values of care for clients truly shines through; our clients need our support now more than ever.
4. What do you love about living and working in Moree?
It’s exciting to be working in a highly productive agricultural community where technology is always changing and our clients are always challenging the norm.
5. What do you enjoy doing in your spare time outside of work hours?
Outside work hours I am raising two young children with my husband. I’m also currently the President of the Moree Picnic Race Club, so there is always plenty of planning and collaboration with the Committee as the annual race weekend approaches each May.
To find out more about career opportunities with Boyce, click here.
17 November 2019
Meet Mitch Webb, an Accountant from our Goulburn office.
15 August 2018
It was a special running of the City2Surf last Sunday, with Boyce celebrating its tenth year of participation. As the top 10 fundraiser in the city2surf, Boyce raised more than $36,500 for children’s health and education charity Royal Far West.
The final fundraising total means Boyce has raised more than $265,000 during its ten years of participating in the City2Surf. “I’m proud of the Boyce team for their efforts in the City2Surf and for their various fundraising endeavours over the past two months, whether it be cooking barbecues or giving out hugs,” Managing Director Phil Alchin said.