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Merry Christmas; Premium Strata December Newsletter MARCH STRATA INSIGHTS 2023 Welcome to the March edition of our newsletter, where we bring you the latest information on the strata market in Australia. This month we delve into the growing trends, changing demographics and anticipated developments in the industry. 1. Overview There has been continuous growth on…

NSW GOVERNMENT COVID-19 Update Dear Members, As NSW's Covid-19 cases have increased with the stronger Delta strain and as we enter into a long than expected lockdown, the NSW Government now requires the following to help stop the spread. RESIDENTIAL BUILDINGS TO DISPLAY NSW HEALTH POSTER A mask is now required to be worn in…

Merry Christmas; Premium Strata December Newsletter STRATA INSIGHTS In the May edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. What does the 2-year limitation period to bring action against an Owners Corporation mean? There is a two-year limitation…

BUILDING REFORM GATHERS MOMENTUM-NEW INSURANCE FOR DEFECTS Building industry reform is now gathering momentum with the introduction of a new insurance product called Latent Defects insurance (LDI). Previously there was no insurance for structural defects with home buyers in the apartment sector. This insurance is not retrospective and applies to only new projects where…

STRATA INSURANCE UPDATE Dear Members, As we navigate through a hard insurance market there has been an update to Strata Insurance cover. The update includes what factors have impacted pricing and also how the strata market can be more accessible. There are changes to the following – Cladding Defects Catastrophic Events Continuing Growth of Strata Developments…

STRATA INSIGHTS In the August edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. NCAT Case – Disputes Between Owners A recent NCAT case delves into the outcomes of legal proceeding that did not amount to contempt of court…
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