NSW Strata Commissions Review: What the Productivity Commission’s Final Report Means for the Industry
The NSW Productivity and Equality Commission (PEC) has today released its final report into strata manager commissions and it’s a significant moment for anyone involved in NSW strata management. The report follows a review commissioned by the Minister for Better Regulation and Fair Trading and signals that real structural change to how strata managers are […]
The Developer Bond Scheme: A New Safety Net for Apartment Buyers
Victoria’s construction landscape is set for a meaningful shift with the introduction of the Developer Bond Scheme (DBS) under the Building Legislation Amendment (Buyer Protections) Act 2025 (Vic). At its core, the DBS is designed to restore confidence in apartment living—by ensuring there is money on the table if things go wrong. What is the […]
Latent Defect Insurance: A Longer-Term Safety Net
As Victoria continues to grapple with widespread building defects and declining consumer confidence, attention is increasingly turning to solutions that go beyond short-term protections. One such solution is Latent Defect Insurance (LDI), a product designed to provide longer-term, project-wide coverage for serious building issues. Unlike the Developer Bond Scheme (DBS), which focuses on early defect […]
NSW Strata Updates: 5 Key Changes
There have been several important regulatory updates affecting strata communities and managing agents across New South Wales. From new disclosure enforcement measures and digital tools in Strata Hub, to fire safety obligations and upcoming changes to strata commissions, staying across these developments is essential. Here is a summary of what you need to know. Disclosure […]
Conflicts of interest – council members of strata companies in Western Australia
In Western Australia, strata company council members must declare conflicts of interests in writing and refrain from voting on associated matters. Section 137(3) of the Strata Titles Act 1985 (WA) provides that council members: “(a) must inform the council in writing of any direct or indirect pecuniary or other interest that the person has that […]