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…

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The new NSW Strata Hub!

The Strata Schemes Management Amendment (Information) Regulation, 2021 (NSW) commences on 30th June 2022. Owners Corporations will have to provide information annually to Fair Trading in the approved form: for the first time— if the first annual general meeting of the owners corporation is held on or before 30 June 2022—by 30 September 2022, or…

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Winners of the Strata Community Management Business – Medium Award

    We are proud to announce that Premium Strata was awarded the Strata Community Association Management Business – Medium award at the Strata Community CHU Awards of Excellence last Thursday night. These awards recognise businesses and individuals who make a significant contribution to the strata industry and community. We are so proud of our…

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Beirut needs your help!

  It has been one week since the horrific explosion in Beirut that sent shock waves throughout the world. The explosion killed at least 200 people, thousands injured and hundreds still missing. Some 80,000 children have been displaced with families affected in desperate need of support. Premium Strata has donated to the Red Cross and…

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July 2020 Changes to Strata Schemes – What you Need to Know

  Rectification of building defects amendments to the Strata Schemes Management Act, 2015 (NSW) (“SSMA”) commenced on 1st July 2020 pursuant to the Strata Schemes Management Amendment (Building Defects Scheme) Act, 2018 (NSW).  These are welcome new laws which increase the rights of owners corporations to make claims against builders, developers and others to have…

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NSW Q&A: Smoking Inside Your Apartment

Question: We live in a high rise apt block and a few years ago we voted against a no smoking building, but we are not allowed to smoke in all common areas. That is fair enough. I’m not a smoker. But living in the western suburbs with a reasonably large amount of tenanted apartments, most…

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NSW Q&A: Rescinding Resolutions

Question: in relation to the article: NSW: Q&A Can Owners Corporation committee decisions be reconsidered? can you please point me to the section or clause in the SSMA 2015 or SSMR 2016, that refers to rescinding resolutions as referred to in this article 359? Answer: Any decision made by a corporation may be reversed.  Further, Sch…

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NSW Q&A: Noisy Neighbour, Renovations and Construction Noise

Question: Is there a requirement to notify residents of the commencement date of noisy renovation/repairs to the apartments and common areas? Is there a requirement to notify residents/lot owners of the commencement date of noisy renovation/repairs to the apartments and common areas? Recently we had a neighbour jackhammering with less than a 12-hour notice, and…

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NSW Q&A Section 100: The Power to Borrow Money

Question: At our next EGM we will be voting on whether to take out a Strata Loan to cover remedial works. What procedure is required for acceptance of this Motion?   Answer: A resolution approving the relevant loan has to be passed at a general meeting of the owners corporation. Section 100 of the Strata Schemes…

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NSW Q&A: Executive Committee Member Voting

Question: Our Strata is in NSW. Is a member of an Executive Committee eligible to vote on a motion they put forward? I understand the Committee members have a responsibility to make decisions on behalf of all lot owners, not for personal gain. Answer:  You are correct.  Sch 1 Cl 18 of the Strata Schemes Management Act,…

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NSW Q&A: Special Resolution Motion

Question: The Act (section 5(b)) says a special resolution is carried if “not more than 25% of the value of the votes cast are against the resolution”. I would like to confirm that if 4 people (with equal lot entitlements) cast votes with 3 in favour and 1 against, the special resolution motion is lost….

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NSW Q&A: Legal Responsibilities of Sub-Committees

Question: Do sub-committees have the same legal responsibilities as Strata Committees under By-Laws and NSW Legislation in terms of issuing agendas and recording (and distributing to lot owners) minutes of meetings. Lot owners here suspect the committee is avoiding discussions with residents and committing to expenditure by declaring that they are meeting as a “sub-committee”….

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