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Australia: Strata debt: What happens when strata levies are not paid?

/ Owner - June 18, 2024

Almost one in five people in New South Wales and 16 per cent of Australians live in strata housing, according to the Australasian Strata Insights 2022 report & infographics, released by the University of New South Wales City Futures Research Centre.  So it’s probably not surprising that issues relating to strata living have been in the spotlight lately. Unpaid levies can sometimes lead to strata debt and, in extreme circumstances, bankruptcy.    Read the article…………………………….

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