MEDIA RELEASE
19 June 2024
The Owners Corporation Network of Australia (OCN) welcomes new budget funding specifically to support delivery of much needed strata reform.
Strata is one of the main, if not the main, formats for improved housing supply over the short and medium term.
So, it’s a good start.
But more will be needed as the scope and scale of the task to improve community confidence and trust in strata owning and living become clearer in the year ahead.
OCN also welcomes expanded resources for rental reform.
It’s essential that the NSW Commissioners work closely together as the problems in strata around defects, repairs, and maintenance are the lived experience of tenants who are the largest group of strata residents.