March Newsletter 2017
Hello again,
With the National Broadband Network passing more and more households, an increasing amount of you will be migrating to the NBN. Many do not realise that fire alarms and lift phones in your building will also be affected. The migration of these safety-critical services will not happen automatically. Our feature article offers a guide to migrating these lines to the NBN.
If you have any questions or concerns, please reach out to your strata manager!
Leanne Habib, CEO
Inger Brettle, COO
What is new at Premium Strata?
What happens to fire alarms and lift phones in the transition to NBN?
A few weeks ago we posted an article on our website on the impact the transition to the National Broadband Network (NBN) is having on fire alarms and lift emergency phones. Migration to the NBN network will not happen automatically. Rest assured that your strata manager will manage this for you.
What is the real cost of adding to your Owners Corporation?
Aylie Brutman, Economos & Co
With the recent NSW changes to the rules for collective sale, many Owners Corporations – who may not want to leave their homes entirely – have been sparked into thinking about changing the existing building or adding to common property for the benefit of all owners.
Q&A Capital Works Fund Strata – How Many Quotes Are required?
Leanne Habib, Premium Strata
Question: Is it a requirement that managing agents in NSW solicit and present three competitive quotes for any work requiring Capital Works Funding to the Strata’s executive committee?
Q&A What does public liability insurance include?
Lia De Sousa,
Whitbread Insurance Brokers
Question: What does public liability insurance include? Who pays the excess when a claim is made under public liability insurance in a strata scheme?
Q&A Retaining Wall Maintenance Responsibility
Leanne Habib, Premium Strata
Question: Retaining wall maintenance responsibility – Who is responsible for the repair of a retaining wall in the back yard of a town house.
Latest News
Upcoming Strata Workshops and Strata Information Events 2017
City of Sydney, Owners Corporation Network and Strata Community Australia (NSW)
Sydney strata lot owner are being spoilt for choice with some excellent strata workshops and information events from happening around Sydney in 2017.
Fire safety reforms for NSW buildings
REINSW
Proposed reforms have been released aimed at improving fire safety standards in NSW buildings. The NSW Government has released a draft regulation in response to a recent Statutory Review of the Building Professionals Act 2005. It would apply to buildings including multi-unit residential, commercial, retail, industrial, health care and public-assembly structures.
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