Raising the Bar: A Year of Milestones at Premium Strata

Raising the Bar: A Year of Milestones at Premium Strata

At Premium Strata, we believe our greatest strength lies in our people. As we closed out the year, we gathered to celebrate and recognise the outstanding contributions of our incredible team members. These dedicated professionals embody our core values, tackle complex schemes with passion and precision, and consistently deliver diamond-class service. 2024 Highlights and Achievements…

Owners Expect More from Strata Managers – Consumer Call for More Proactive Service and Leadership

Owners Expect More from Strata Managers – Consumer Call for More Proactive Service and Leadership

Premium Strata, in partnership with Australian Apartment Advocacy (AAA) and LookUpStrata, collectively surveyed 761 apartment owners to gain insights into their perceptions, pain points, and needs. The results deliver a clear message: owners expect more proactive service, communication, and transparency from their strata managers. Strata Management – The Growing Scope of Services Today’s strata managers…

A Fair Future For Strata: Navigating the Crossroads of Strata Management Fees

A Fair Future For Strata: Navigating the Crossroads of Strata Management Fees

November 21, 2024: With over 1,100 registrations and nearly 600 attendees live, the webinar organised by LookUpStrata tackled one of the most pressing challenges in Australian strata management fees: sustainable fees and business practices. The discussion highlighted the expanding responsibilities of strata managers, from defect management to navigating complex schemes and staying compliant with ever-evolving…

New Strata Legislation Brings More Transparency for Property Owners and Committee Members in NSW

New Strata Legislation Brings More Transparency for Property Owners and Committee Members in NSW

The NSW Government recently introduced the Strata Managing Agents Legislation Amendment Act 2024. This legislation, implemented in stages starting 8 November 2024, aims to increase transparency and accountability, giving strata property owners and committee members a clearer view of their strata managers’ practices and potential conflicts of interest. Key Dates and What to Expect The…

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…

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…