Australia – Government support of industry during COVID-19


Many marinas pay a concession; rental or leasing fee to a government agency.  To help reduce the financial stress and job losses at the marina these agencies can provide a temporary halt to the requirement to pay the fee for a given period of time. In North Queensland for example the government through the Port Authority has provided the Cairns marina with fee relief, with some fees halted until end 2023. The total value of the fee relief package for operators at the marinas is AU$3m. (see ).Also, by providing relief to the marina operator, they are then in a better financial position to pass on fee relief to their tenants.
Some States have now confirmed deferment of rents but details are yet to be provided.