06 APRIL 2020

The strata sector is facing a perfect storm of financial, governance and operational issues due to the COVID-19 pandemic. Legislation enacted by the NSW state government failed to address the needs of the sector, and as result, OCN developed a comprehensive set of recommendations based on input from members and stakeholders.

The policy covers both immediate needs around meetings, levies, budgets and other crucial matters, in addition to bigger-picture requirements including the establishment of a dedicated focal point within the NSW Office of Fair Trading to coordinate the policy, communication and government response to the residential strata sector during and following the COVID-19 pandemic.


> Read the full policy draft (pdf)