What’s Behind the High Number of Strata Bankruptcies?
OCN Executive Director2023-08-31T13:34:11+10:0031 AUGUST 2023 OCN talks to Sarah MacDonald about the high incidence of bankruptcy applications by owners corporations for unpaid levies. Listen:>
Strata debts sending more Aussie homeowners bankrupt
Chloe Lear2023-09-04T22:21:24+10:0029 AUGUST 2023 The Business | ABC News A growing number of homeowners are being sent bankrupt because of debts owed to body corporates over the upkeep of building complexes. Consumer groups say it often starts as a small amount but quickly escalates once fees and charges are added, landing some Australians in court. Strata companies are facing calls to offer hardship arrangements. Watch the full video:> HERE
Collapsed developer Toplace ordered to fix another defective Sydney building
OCN Executive Director2023-09-04T22:21:18+10:0029 AUGUST 2023 The Business | ABC News Collapsed developer Toplace has been ordered to fix yet another defective Sydney building. Uncontrolled cracking has been found in the Kellyville apartment complex. It was the third Toplace development slapped with a rectification order in one week. Watch the full video:> HERE