Changing your strata manager is more common than many owners realise. While the process requires a formal decision by the owners corporation, it is largely administrative once the right steps are followed. This guide explains the key questions owners ask and the practical steps involved. Quick FAQ: common questions owners ask about changing strata manager…
From 1 April 2026, important changes to NSW strata legislation will affect how Capital Works Fund plans are prepared and presented, particularly for new developments and schemes due for review. This article focuses specifically on Capital Works Funds (CWF) as part of the broader changes to the standardised Initial Maintenance Schedule. These reforms aim to…
At Premium Strata, we believe owners should always understand where their money goes. Strata levies fund the day-to-day running and long-term maintenance of your building, from cleaning, insurance and utilities through to major repairs and replacements. Special levies, by contrast, are one-off contributions raised when existing funds are not enough. This guide explains how strata…
NSW Fair Trading has confirmed that new requirements for Initial Maintenance Schedules (IMS) will begin on 1 April 2026. These reforms are designed to strengthen developer accountability and ensure new strata schemes start with realistic budgets, clearer maintenance obligations and better long-term planning. A key change is that IMSs are now standardised. Developers must use…
From 27 October 2025, important reforms to NSW strata and community land laws will come into effect. These changes aim to improve transparency, accountability and financial fairness across all strata schemes. Below is a summary of what Owners Corporations, Committees and individual Owners need to know and do to stay compliant. Download Your NSW Strata…
In this series, we will cover topics including understanding special levy payments, paper-based meetings and expenditure approvals, rooftop solar installations, and managing committee members based overseas. As the CEO of Premium Strata, I often receive questions during General Meetings, in publications, and through direct messages that seem straightforward but are made more complex by evolving…
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