The Owners Corporation Network says it is disappointed the Victorian government has deferred an expert panel’s recommendation to ban strata commissions pending more analysis, but it will continue to press the issue.
Development MD Chris Irons says the panel’s report and response, released last week, marked “a first salvo” and the network looks forward to working with the government further on responses.
“OCN’s position is that those kinds of conflicted remuneration should be prohibited and hopefully that’s where this goes in due course,” he told insuranceNEWS.com.au. “The reality is that once you are taking a commission, you immediately put yourself in a position where you start to question who your client is, and the client is always the OC in this case.”
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