1st Aug 2018

Strata Plan invited to join expert Owners Corporation management panel Strata Plan was recently hand-picked by some of the industry’s largest and influential firms and to become part of an Australian panel to look at innovative solutions for the industry. As one of nine companies from across Australia, the panel represented over 25% of all strata schemes across the country, approx. 78,000 buildings and 640,000 ...

27th Jul 2018

New laws for low-rate "Cladding Rectification" loans to be considered by Victorian parliament Owners Corporations could soon have access to low-interest loans for the removal of flammable cladding on their buildings. New laws were introduced to the state parliament on Thursday by Legislation Planning Minister Richard Wynne, which will allow for the creation of Cladding Rectification Agreements between building owners, local councils and lenders. The ...

25th Jul 2018

MAINTAIN AND REPAIR: WHY YOU AND YOUR OWNERS CORPORATION SHOULD NOT RELY ON INSURANCE ALONE TO PROTECT YOUR PROPERTY Owners Corporations in Melbourne have been warned that having building insurance is not an excuse to neglect your building’s most important assets. Often, owners attend Annual General Meetings and question costs of maintenance and servicing, particularly with insurance there to cover any breakdowns of assets. However, ...

17th Jul 2018

CLADDING IN MELBOURNE: AN ONGOING INVESTIGATION The controversial topic of combustible cladding and its widespread use on buildings in Melbourne is never too far from the thoughts of those in the strata industry. From Owners Corporation managers to property owners, developers and builders, as well as local councils and of course the Victorian Building Authority (VBA), the scrutiny on cladding in Melbourne has been intensified ...

12th Jul 2018

Insuring your property is one of your Owners Corporation’s non-negotiables. It simply has to be done as per the Owners Corporation Act VIC 2006. However, some customers may have noticed that premiums for cover have been rising at a steady rate recently. Strata Plan sat down with CHU Strata Insurance Business Development Manager Scott Allen to chat about the state of the strata insurance market ...

6th Jul 2018

Your Owners Corporation and working with owners and occupants with disabilities Melbourne Owners Corporations large and small were dealt a stern warning by the Supreme Court of Victoria in late June. In the decision of Owners Corporation OC1-POS539033E v Black [2018] VSC 337, which was handed down on June 21, 2018, the Supreme Court of Victoria smashed the assumption that Owners Corporations did not have ...

4th Jul 2018

We often hear of the Owners Corporation’s responsibility to act in good faith on behalf of fellow owners. In fact, the Owners Corporation Act (VIC) 2006, says as much. In keeping with this, the Owners Corporation’s must also act reasonably when making decisions. But what is reasonable? Billed as one of the most significant strata cases in recent times, Ainsworth v Albrecht – which originated ...

2nd Jul 2018

Are short-term rentals in Owners Corporations falling out of favour? As state governments across Australia contemplate new ways to manage and regulate Airbnb in apartment communities, property investors may be voting with their feet. While Owners Corporations seek greater control about the use and nature of short-term leasing within their buildings and communities, property investors who use the short-term rental platform are starting to move ...

29th Jun 2018

Sometimes, taking on the role of Owners Corporation chairperson can feel like a thankless task. Yet without those few who generously contribute their time and ideas to the cause, their properties and shared spaces would fail to functions. As one of the largest Owners Corporation managers in Melbourne, Strata Plan sees first-hand the time and effort so many chairpeople and their committees put into their ...

26th Jun 2018

Chairpersons and their role: From the chairpeople Volunteering and being nominated as chairperson of an Owners Corporation is a big responsibility, but it's also a privilege. Your owners have elected you to look out for their best interests. Strata Plan discussed the role with one such person, Mario Gomzelj, who chairs the committee at Sandy Hill, a four-building development with over 400 apartments.  Stepping up ...

14th Jun 2018

What Does A Good Owners Corporation Committee Do? The Million Dollar Question. What makes a great Owners Corporation committee? That is literally the million dollar question. Your Owners Corporation is responsible for insuring, maintaining and repairing all common property at your building, as well as budgeting for, the collection of and expenditure of hundreds of thousands of dollars. In doing so, the Owners Corporation should ...

6th Jun 2018

Owners Corporations in Melbourne may be looking at their Sydney counterparts with some envy after the New South Wales government announced a raft of short stay reforms this week. The NSW government is set to impose a 180-day cap on the number of days empty properties can be rented in Sydney, as well as giving Owners Corporations the power to ban Airbnb in their buildings. ...

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