{"id":31657,"date":"2020-04-16T10:25:53","date_gmt":"2020-04-16T00:25:53","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/geelongtimes\/?p=31657"},"modified":"2020-07-30T08:47:59","modified_gmt":"2020-07-29T22:47:59","slug":"wage-subsidy-rental-mortgage-stress","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/wage-subsidy-rental-mortgage-stress\/","title":{"rendered":"Wage subsidy to help relieve rental and mortgage stress"},"content":{"rendered":"

The federal government\u2019s $130 billion JobKeeper wage subsidy will help to relieve the financial pressure on renters and landlords over coming months, according to the Property Investment Professionals of Australia<\/a> (PIPA).<\/h3>\n

PIPA chair Peter Koulizos said the wage subsidy of $1,500 per fortnight to eligible employees and businesses would go a long way towards solving tenant and landlord issues during the coronavirus crisis.
\nHe said the subsidy would allow more tenants and landlords to meet their regular financial obligations including paying rent and mortgages over the next six months.
\n\u201cThis policy has prompted a collective sigh of relief of sorts from tenants and landlords as well as everyone employed in the real estate sector nationwide.
\n\u201cThe payment will hopefully mean that there doesn\u2019t have to be a philosophical debate over whether tenants or landlords are more worthy of financial support during these difficult times.\u201d
\nMr Koulizos said that before the announcement, many property investors had been worried about covering mortgage repayments if their tenants could no longer afford to pay the rent.
\n\u201cLandlords want to maintain a healthy relationship with tenants but are generally not in the financial position to cover mortgage repayments for months on end.
\n\u201cThe subsidy provides much-needed support for businesses and employees significantly financially impacted by the pandemic, which will ultimately see more people keep the roofs over their heads.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The federal government\u2019s $130 billion JobKeeper wage subsidy will help to relieve the financial pressure on renters and landlords over coming months, according to the Property Investment Professionals of Australia (PIPA). PIPA chair Peter Koulizos said the wage subsidy of $1,500 per fortnight to eligible employees and businesses would go a long way towards solving […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":29,"featured_media":31658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-31657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\nWage subsidy to help relieve rental and mortgage stress - Geelong Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/wage-subsidy-rental-mortgage-stress\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wage subsidy to help relieve rental and mortgage stress - Geelong Times\" \/>\n<meta property=\"og:description\" content=\"The federal government\u2019s $130 billion JobKeeper wage subsidy will help to relieve the financial pressure on renters and landlords over coming months, according to the Property Investment Professionals of Australia (PIPA). PIPA chair Peter Koulizos said the wage subsidy of $1,500 per fortnight to eligible employees and businesses would go a long way towards solving [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/wage-subsidy-rental-mortgage-stress\/\" \/>\n<meta property=\"og:site_name\" content=\"Geelong Times\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-16T00:25:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-29T22:47:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/wp-content\/uploads\/sites\/21\/2020\/04\/Peter-Koulizos-scaled-e1586996742610.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"1503\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dean Webster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dean Webster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/\"},\"author\":{\"name\":\"Dean Webster\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/#\\\/schema\\\/person\\\/d279ea712d198c6ed08eb420e88e6ba8\"},\"headline\":\"Wage subsidy to help relieve rental and mortgage stress\",\"datePublished\":\"2020-04-16T00:25:53+00:00\",\"dateModified\":\"2020-07-29T22:47:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/\"},\"wordCount\":233,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/21\\\/2020\\\/04\\\/Peter-Koulizos-scaled-e1586996742610.jpg\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/wage-subsidy-rental-mortgage-stress\\\/\",\"name\":\"Wage subsidy to help relieve rental and mortgage stress - 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