April Newsletter 2023

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…

March Newsletter 2023

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…

Annual Fire Safety

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…

Short – Term Accommodation in Strata

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 host’s principal…

December Newsletter 2022

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…

NSW: Q&A Foyer Christmas Decorations Purchased by Strata Funds

NSW: Q&A Foyer Christmas Decorations Purchased by Strata Funds

Question: We have discussed putting up some foyer Christmas decorations. Some residents have voiced their concerns about strata funds paying for the cost of acquiring the seasonal decorations. Our strata has an uninteresting entry foyer that would benefit from some visual enhancement. Hanging some artwork on the blank walls would make both residents and visitors…