ACTION NOW IS A BIT TOO LATE
SUBIACO Council is stepping in to help its business people who are getting cornered by high rents. However, it comes more than a year after there was a push for similar action by a couple of councillors, which failed to get support. The delegated authority decision made by chief executive Stephen Tindale to audit vacant properties and host a roundtable discussion with landlords as part of a retail strategy, comes just two weeks after one of the City’s most popular restaurateurs Alain Fabregues’ rent was increased by more than half. Mr Tindale has 10 sleeps until he retires, Subiaco could be swallowed by Cambridge by July and chances of a thorough audit of these businesses, many at breaking point, and significant change within that time frame is slim. At this late stage, businesses will not turn a corner until landlords, all of them not just a few, step up. It’s too little too late from Subiaco.
Denise S. Cahill - Editor