2 FEBRUARY 2024

A plan to build millions of apartments across Sydney will falter without major changes to the laws underpinning ownership and management of the properties, the state’s new strata commissioner warns.

“The whole issue around housing supply, around affordability, and ultimately social and economic wellbeing, requires strata to be successful and requires people to have confidence in strata, and I guess the concern is there are areas where confidence is waning,” Minns said.

Karen Stiles, the executive director of the Owners’ Corporation Network of Australia, said consumer groups had been calling for a strata commissioner for many years, but he urgently needed resourcing and powers.

 

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Related article> https://ocn.org.au/appointment-of-a-strata-commissioner-for-nsw/