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.
Similar Posts
Understanding Strata Levies and Special Levies in NSW
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…
How to save on your strata building’s electricity bill
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…
Strata levy increases – how much and how often?
Our own Leanne Habib helped our friends at LookUp Strata with a reader query regarding strata levies. You can see our response here.
Why a good strata manager matters
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…
Special Levies, who pays? Buyer or seller?
In a previous article, we explained what Special Levies are and how they are calculated. Please hit this link if you would like to refresh your memory. But who is responsible to pay the Special Levies when purchasing an apartment? Is it the Vendor or the Purchaser? This article, explains the ins & outs. Even Though it…
DEFT Cash Payments are changing
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…
Keep up-to-date with the latest news
Sign up to our newsletter tor receive updates and news.
