QLD: Duty of Care needed for new schemes
Industry reports are now confirming the recent property development boom in the South East Queensland corner is ongoing with no signs of slowing down. 1,214 new strata schemes were registered in 2015, with Brisbane having seen the biggest share of cranes with its 359 new schemes around, the Gold Coast following with 187 new schemes. And according to reports there were a further 48,000 residential approvals granted. Read the article………….
The NSW Government has released draft Strata Schemes Bills for public consultation. These represent the most extensive overhaul of the
7 habits of highly ineffective strata managers… that are about to cost their owners corporations dearly
We live in happy times where owners corporations and their strata mangers can procrastinate to their heart’s content about fixing
NSW: Will the New Reform Mean that Owners Corporations Will Now Raise Money to Match their 10 Year Sinking Fund Plan?
Under the current legislation there is a requirement for owners corporations “to take into account” the 10 year sinking fund