StrataNews #686 - Strata Management Charges: Why the race to the bottom is not good for anyone

StrataNews #686 - Strata Management Charges: Why the race to the bottom is not good for anyone

Welcome to Newsletter #686 quick content summary! Thanks to today’s newsletter sponsor:?Whitbread Insurance Brokers - https://whitbread.com.au/business-units/strata/

Read below for the summary of today's edition or jump straight to the full newsletter: https://www.lookupstrata.com.au/wp-content/uploads/Strata-News-686.html

Articles

  • Watch the Video - NSW: Fire Safety – what’s changing, when and what do you need to do about it? | March 2024 - Rob Broadhead, 2020 Fire Protection
  • Watch the Video: Strata Management Charges - Why the race to the bottom is not good for anyone - Alex McCormick, BCS Melbourne and Nathan Clarke, Hunter Strata
  • NSW Q: If there are multiple changes in tenancy within a unit in a single year, is the strata committee permitted to impose a fee of $250 for the building manager to conduct orientation sessions with new tenants? - Allison Benson, Kerin Benson Lawyers
  • QLD Q: I have a unit that's been permanently rented through the onsite manager for 20 years. Can I rent the unit myself for short-term holiday rental? Are there laws stopping me? Do I need to notify the body corporate? - Todd Garsden, Mahoneys
  • WA: Could you clarify the 14-day notice period for AGMs and EGMs? Does it exclude the day of notice given and the meeting date? - Shane White, Strata Title Consult
  • ACT Q: Given the increased use of lithium-ion batteries in cars, bicycles, etc., should OCs of B Class complexes be aware of any recent legal/insurance developments? - Tyrone Shandiman,? Strata Insurance Solutions
  • QLD: We are coming up to our two yearly electrical inspection. We are unsure what the body corporate are responsible for. - Altogether Group
  • NSW: Strata Assistant Licence Qualifications Extended - Adrian Mueller, JS Mueller & Co Lawyers

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Thanks

Nikki, Liza and The Team at LookUpStrata

Carrie McInerney

CEO at Horner Management

1 年

Just finished listening to the webinar, well done and thank you. While I think many Managers / companies will agree with everything you have said, I do believe that there is also the fear in following through with the potential loss of groups. We had already started the conversation with our team about our value and how we charge and have made a lot more notes for the next team catch up on this topic.

Nathan C.

Licensed Strata Manager

1 年

This was a well informed discussion Alex McCormick a discussion that needed to happen. If others as Strata Managers agree with what we discussed, continue the discussion on here, with your offices and between colleagues. Change can only ultimately happen en mass,

Alex McCormick

Branch Manager - PICA

1 年

Had such a great time discussing this critical matter for our industry Nikki Jovicic and Nathan C.! Penny P. Bobby Lehane

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