Australia: As high-rise developments boom, overhaul of strata committees of management long overdue

/ Owner - October 10, 2024

Owners corporations manage and administer communal property for apartments and other dwellings.  Recently certain high-profile owners corporations have come under media scrutiny. Dubious and unethical business practices have been exposed. These include kickbacks to contractors, phantom charges, inflated fees relative to the extent of work done, and near-invisible accountability. Over 2,000 people from across Australia responded to an ABC investigation into the strata industry.   Read the article…………………………….

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