governance

Big changes in store for apartment laws

2023-10-09T17:48:42+11:00

25 AUGUST 2023 Major updates to NSW strata are being proposed, with working groups having recommended some bold regulatory reforms for the sector. Among the changes afoot is a recommendation to make the initial annual general meeting of new buildings a two stage process so that owners, especially first timers, cannot be railroaded into agreements that are not in their best interests, such as embedded networks [https://www.afr.com/wealth/personalfinance/howtostop-dodgymaintenancecontractsinyournewapartmentblock-20230801-p5dt3d]. Allied to the recommendation above [...]

Big changes in store for apartment laws2023-10-09T17:48:42+11:00

How strata schemes are letting down Sydney’s apartment owners

2024-01-11T12:28:45+11:00

9 JULY 2023 When Eloise O’Connell joined the strata committee for her apartment in Liverpool, their first task was to raise the fees to prevent insolvency. “Whether your building can be well run is just by the sheer luck of the combination of people who put their hands forward,” O’Connell said. Head of the peak body for residential strata owners the Owners Corporation Network Karen Stiles said the strata management industry [...]

How strata schemes are letting down Sydney’s apartment owners2024-01-11T12:28:45+11:00

Owners issue 10-point election manifesto

2024-01-30T18:38:25+11:00

8 NOVEMBER 2022 The Owners Corporation Network (OCN) announced this week that they plan to be actively involved in the NSW state election, potentially tapping into the voting power of NSW’s one million-plus strata residents. With that in mind, they have now issued their 10-point manifesto and are calling for strata owners’ support in promoting policies that can become part of the debate heading for the state elections next year. Read [...]

Owners issue 10-point election manifesto2024-01-30T18:38:25+11:00

This Sydney strata nightmare started as a power struggle — then the police were called

2021-11-30T15:59:17+11:00

27 November 2021 It's the stuff of Sydney strata nightmares: a cracking building, an expensive repair bill and an owners' meeting that got so heated the police turned up. The drama started in the basement of the Vicinity apartment towers in Canterbury earlier this month, when owners couldn't agree over who should be put in charge of managing the affairs of the troubled apartment block. Read article, watch TV clip: > This [...]

This Sydney strata nightmare started as a power struggle — then the police were called2021-11-30T15:59:17+11:00

NSW Strata Hub

2023-10-08T18:16:21+11:00

OCN strongly supports, in fact requested, the establishment of a strata register to capture core scheme information and enable the NSW government to communicate with, gain insight into, and support this fast growing housing sector.

NSW Strata Hub2023-10-08T18:16:21+11:00

NSW building reforms to put strata managers under microscope

2021-02-22T16:19:30+11:00

NOVEMBER 2020 The conspiracy of silence that surrounds apartment buildings and possible defects would be ended in the next round of landmark building reforms. In the wake of the Grenfell, Mascot and Opal tower disasters, Better Regulation Minister Kevin Anderson is proposing law changes forcing strata schemes to hand over basic maintenance information about their building. OCN executive Karen Stiles said the strata portal would only be the second in the [...]

NSW building reforms to put strata managers under microscope2021-02-22T16:19:30+11:00
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