September Newsletter 2023

STRATA INSIGHTS In the September edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies and industry updates. OCN STRATA MATTERS CONFERENCE Premium Strata is working with Australian Apartment Advocacy (AAA) to ensure that lot owners are supported in the event that a builder faces…

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August Newsletter 2023

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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July Newsletter 2023

STRATA INSIGHTS In the July 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 Enforces By-Laws  In a strata scheme in Wollstonecraft, the owners corporation established a by-law granting a lot owner the privilege to construct a pergola…

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June Newsletter 2023

STRATA INSIGHTS In the June 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.   Owners Corp Wins Combustible Cladding Case There has been a ground-breaking combustible cladding case in the NSW Court of Appeal in favour of the…

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May Newsletter 2023

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…

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April Newsletter 2023

Merry Christmas; Premium Strata December Newsletter STRATA INSIGHTS In the April edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing the rising trends, industry updates and top tips. Rise in Strata Levies as Cost of Living Soars More and more people are struggling to pay their levy…

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March Newsletter 2023

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…

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Annual Fire Safety

Annual fire safety inspections are a crucial component of fire safety in strata buildings. The purpose of these inspections is to identify potential fire hazards and ensure that fire safety systems, such as fire alarms and sprinkler systems, are functioning properly. These inspections typically include a visual inspection of the building’s fire safety systems and…

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December Newsletter 2022

Merry Christmas; Premium Strata December Newsletter STRATA INSIGHTS 2023 Now that the year is coming to end, it’s time to reflect on how Covid, working from home, building defects, inflation, rising interest rates and heavy rain impacted us all in strata and other communities. Now that Covid is largely behind us, we can look forward…

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Short – Term Accommodation in Strata

Question:  The holiday season is here, and many owners will be offering their apartments as airbnb term rentals. What are rules and regulations governing short term rentals in strata schemes? Please note that Owners Corporations can adopt by-laws that limit short-term rental accommodation in their strata scheme, by banning it in lots that are not the…

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November 2022 Newsletter

Premium Strata November Newsletter packed with great articles for people living in Strata 1. Noisy Neighbours The commonest complaint reported to our Strata Managers is in relation to noise.  Noise such as loud music, loud parties, stomping on floorboards, noisy appliances/tools cause the most issues. Communal living in strata requires consideration of your neighbours.  For…

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October 2022 Newsletter

  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…

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Latent Defects Insurance

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 the…

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CELEBRATING HALLOWEEN IN YOUR STRATA BUILDING

Halloween, how best to run in a strata building Halloween is a great time for kids and the community to get together and share some treats. Living in a strata building can be tricky as access can restrict the children from trick-or-treating door to door. Strata communities are coming together so the residents living in…

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September 2022 Newsletter

New Look Monthly Premium Strata Newsletter, information on contractors, dogs in apartments and the NRL finals CONTRACTOR MANAGEMENT The strata industry relies heavily on contractors to help maintain the overall appearance of buildings, along with routine service and maintenance of mechanical assets and common areas. Fire compliance, lift servicing, HVAC and plumbing generally make up…

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Q&A Yapping Dogs

Yapping Dogs I live in a very large Strata unit complex and there is an overload of dogs here – almost like a Canine Hotel – but all in all they are well mannered but there are those, that, at times bark and yap for an hour to 5 hours at a time. I find it to…

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Contractor Management

Contractor Management The strata industry relies heavily on contractors to help maintain the overall appearance of buildings, along with routine service and maintenance of mechanical assets and common areas. Fire compliance, lift servicing, HVAC and plumbing generally make up most of the on-going preventative maintenance required within a residential building. Also, if buildings are still…

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August 2022 Newsletter

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…

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Strata Insurance Market Update

  As a trusted Strata Insurance partner, we strive to keep our clients updated and informed. This update seeks to define the key factors impacting the pricing and availability of strata insurance in the current market, so that you can make an informed choice on the best offer of insurance. CURRENT MARKET CONDITIONS For the…

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