All Topics / Help Needed! / Rent Increase by CPI

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  • Profile photo of probestprobest
    Member
    @probest
    Join Date: 2012
    Post Count: 1
    October 16, 2012 - 11:31 am

    I have a commercial shop renting since 10/2011. Now the rent should be increase by CPI Australia as per the lease agreement. How do I find this CPI and how to calculate the new rental as required? Please advise

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    October 16, 2012 - 9:23 pm

    Check your lease as it is quite specific as to which cpi figure you have to use and how to calculate the adjustment.

    The cpi data is on the abs.gov.au website or see the link below.

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