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United Call for Investigation into NetStrata Practices by Regulatory Bodies
22 MARCH 2024 In response to alarming revelations broadcast on ABC’s 7:30 Report, the Australian Consumers Insurance Lobby (ACIL), Owners Corporation Network of Australia (OCN), and Unit Owners Association Queensland (UOAQ) are jointly calling upon ASIC, ACCC, and the Strata & Property Services Commissioner of New South Wales to commence a thorough investigation into the practices of NetStrata and its associated entities. “OCN is deeply troubled by the findings reported [...]
Consumer Groups Demand Explanation from Insurers on Lack of Cover in Northern Australia
15 FEBRUARY 2024 Australian Consumers Insurance Lobby Inc (ACIL), Unit Owners Association of Queensland (UOAQ), Owners Corporation Network of Australia (OCN), and NQ Strata Action Group have collectively issued a formal request to the Insurance Council of Australia (ICA) seeking an explanation for the lack of insurance coverage offered in Northern Australia, despite the implementation of the Cyclone Reinsurance Pool (the Pool). Read Joint Media Release:> 240215 Joint ACIL, UOAQ, [...]
Owners Corporation Network Getting on Top of e-bike Fire Risk with Expert Webinar
4 DECEMBER 2023 Sunday's e-bicycle battery fire in an apartment is the most recent of several this year. OCN, which represents and supports apartment owners and residents, has been researching best practice in protecting its members from this developing risk. “We have engaged with experts including EV Firesafe, an Australian company funded by the Department of Defence, the Insurance Council of Australia (ICA), the Electric Vehicle Council and taken advice [...]
OCN Welcomes Abolition of Emergency Services Levy on Insurance Policies
16 NOVEMBER 2023 The Owners Corporation Network of Australia (OCN) congratulates the NSW Government on its decision to reform the Emergency Services Levy (ESL), announced by Premier Chris Minns today. The tax penalises those who pay insurance amid a cost-of-living crunch and at a time when worsening extreme weather means cover is needed more than ever. NSW insurance customers pay around three times the amount of state taxes than Victorian [...]
Appointment of a Strata Commissioner for NSW
9 OCTOBER 2023 “We welcome today’s announcement that NSW has appointed a Commissioner dedicated to Strata. The appointment of a Strata Commissioner should lead to better coordinated, and transparent responses to the many challenges facing this growing housing sector,” Karen Stiles, Executive Director, Owners Corporation Network said. “Right now, cost-of-living pressures are putting the spotlight on opaque market practices. Strata residents are facing an energy transition, sustainability demands, and rising [...]
Peak Apartment Body Calls For Pre-Election NSW Response To Ongoing Covid Legal Threat
15 JANUARY 2023 The peak body for the one million plus apartment owners in New South Wales says with new COVID variants emerging, it is concerned tens of thousands of owners corporations in the State are exposed to possible legal challenge if they try and protect apartment precincts from a new COVID outbreak. Read full media release:> 230115 Peak Body Calls for Pre-election Response to Ongoing COVID Legal Threat
Apartment Owners Urged to Embrace 10 Year Defects Insurance
23 DECEMBER 2022 On the eve of the four year anniversary of the Opal Tower apartment calamity in Sydney, the peak body representing apartment owners is repeating its call for Owners Corporations throughout the State to take up an innovative and “game changing” offer by the State Government to solve building defect disputes – including 10 year insurance protection paid for by developers - and end the “lawyers picnic” in [...]
Government Called on to Safeguard Financial Information Worth Billions From Cyber Crooks
7 DECEMBER 2022 The New South Wales Government is being called on to provide assurances to the State’s one million plus apartment owners that confidential information required by the Government via its new Strata Hub cannot be accessed by cyber crooks, with the scheme’s deadline for compliance only weeks away. Read media release:> 221207 Government Called on to Safeguard Financial Information Worth Billions from Cyber Crooks
Peak Body Warns Apartment & Unit Owners to Adopt Zero Tolerance for Schoolies Onslaught
22 NOVEMBER 2022 The peak body for apartment and unit owners says strata owners and Owners Corporations should adopt a zero tolerance policy for unruly schoolies to avoid being left with damages bills of thousands of dollars. It says the parents of unruly schoolies should be held accountable and made to pay for any damages. Read full media release:> 221122 Peak Body Warns Apartment Owners to Adopt Zero Tolerance For [...]
Move to End Lawyers Picnic in Strata Disputes Welcomed
21 NOVEMBER 2022 The peak body representing apartment owners in New South Wales is calling for Owners Corporations throughout the State to take up an innovative and “game changing” offer by the State Government to solve building defect disputes and end the “lawyers picnic” in dispute resolution with wealthy developers. Read Media Release:> 221121 Move to End Lawyers Picnic in Strata Disputes Welcomed
Peak Body Calls on NSW Government to Provide More Funds for Electric Vehicle Charging Stations
6 NOVEMBER 2022 The $400billion NSW apartment owners sector warns the Government led push towards making electric vehicles more affordable will cause more chaos and conflict state-wide in NSW apartments. Read media release:> 221106 Peak Body Calls for More Money to Provide Electric Vehicle Charging Stations
Decennial Liability Insurance a Game Changer
2 NOVEMBER 2022 The peak body for apartment owners is urging NSW apartment buyers to be cautious or steer clear of new projects that are not offering 10-year liability insurance which it describes as a “game changer” for protecting apartment and unit owners from dodgy builders. Read Media Release:> 221102 Decennial Liability Insurance a Game Changer
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