Suggestions on how to lower your levies
I came across this article in SMH’s Domain. It makes some suggestions on how you could lower the strata levies for your building. Perhaps it is of interest.
Hit this link for the full article.
I came across this article in SMH’s Domain. It makes some suggestions on how you could lower the strata levies for your building. Perhaps it is of interest.
Hit this link for the full article.
This Flat Chat article in the Domain explains changes in the way the so-called Fire and Emergency Services Levy (FESL) is raised. From 1 July 2017, the annual fire services levy will be collected via council rates rather than via buildings insurance. This will ensure the FESL will be spread more evenly across a broader slice of…
Shared electricity usage is often one of the largest expenses for a strata titled building. Owners Corporations of larger strata buildings could spend upwards of 5 figure sums on their power bill. The building’s lobby, hallways, fire stairs, gardens and car park all need lighting. Then there are pools, air conditioning and central water heating. You…
Question: I was just reading today’s newsletter and thought i would let you know an avenue i took for charges being illegally placed onto my levy statement, re the question posted in the 214 newsletter: Question: After calling our new strata management company for information, I have personally been charged a sum. Until the…
Question: A lot owner in our small block has consistently been in arrears with levies. Although they are on a payment plan the situation is not improving. Do we have other options to recover the overdue levies? We have one owner in our small strata block of six that has consistently been in arrears…
Recent changes have been made to cash DEFT payments made at Australia Post. Do these changes affect me? These changes will impact you if you pay your rent, strata levies, insurance premiums or other DEFT bills via cash at Australia Post. What alternate payment options are there? The payment methods available are determined by your…
Jimmy Thomson from the Flat-Chat website wrote a great post on the importance of good strata managers. “Fair Trading … received 800 enquiries about strata managers and 48 official complaints last financial year – a rise of 50 percent on 2014-2015.” “Strata schemes can be cash cows where, often, investors vote for the lowest cost option…
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