strata managers

ABC is asking apartment owners to share their stories

2024-04-02T15:02:59+11:00

In light of the recent 730 Report expose on allegations that a major NSW strata management firm has been charging excessive fees for insurance services and receiving payments from suppliers without full disclosure of the arrangements, the ABC is now asking owners to share their stories abc.net.au/strata OCN celebrates and supports those strata managing agents acting ethically.  However this is not an isolated case and we see this as an invaluable [...]

ABC is asking apartment owners to share their stories2024-04-02T15:02:59+11:00

Strata practices report unleashes torrent of criticism

2024-03-27T15:11:02+11:00

25 MARCH 2024 Allegations that a major NSW strata management firm has been charging excessive fees for insurance services without full disclosure of the arrangements have touched a nerve and triggered a torrent of criticism directed at practices within the sector. The Australian Consumers Insurance Lobby (ACIL), a strong advocate on strata insurance issues, last week joined with the Owners Corporation Network of Australia (OCN) and the Unit Owners Association of [...]

Strata practices report unleashes torrent of criticism2024-03-27T15:11:02+11:00

United Call for Investigation into NetStrata Practices by Regulatory Bodies

2024-03-27T18:45:04+11:00

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 on [...]

United Call for Investigation into NetStrata Practices by Regulatory Bodies2024-03-27T18:45:04+11:00

ACIL, apartment owners call for ‘thorough investigation’

2024-03-26T08:59:57+11:00

22 MARCH 2024 The Australian Consumers Insurance Lobby (ACIL), the Owners Corporation Network of Australia (OCN) and the Unit Owners Association of Queensland (UOAQ) have issued a joint call for national and NSW regulators to start a “thorough investigation” into the practices of strata management firm Netstrata and its associated entities following issues identified by the ABC this week. “The integrity of the strata management and insurance sectors is paramount for [...]

ACIL, apartment owners call for ‘thorough investigation’2024-03-26T08:59:57+11:00

‘Unjust and unfair’: How Karen nearly lost everything to strata debt

2024-03-28T11:50:16+11:00

3 MARCH 2024 Karen Go was nearly made bankrupt two years ago by the strata manager of her block of flats in Sydney’s east over nearly $20,000 in strata levies and legal fees.  She was one of 306 NSW residents, or more than one a week, who faced forced bankruptcy proceedings from strata debt between 2019 and 2023, a legal process that means they can lose their homes over debts as low [...]

‘Unjust and unfair’: How Karen nearly lost everything to strata debt2024-03-28T11:50:16+11:00

What the New Strata Laws on Apartments Mean For You

2024-02-16T15:03:51+11:00

15 FEBRUARY 2024 NSW, Victoria and Queensland are reviewing their unit regulations, but it's still up to owners to take action against dodgy contracts. Truly independent representation of apartment owners is offered only by the Owners Corporation Network in NSW and the Unit Owners Association of Queensland. Read full article:> https://www.afr.com/wealth/personal-finance/what-the-new-strata-laws-on-apartments-mean-for-you-20240214-p5f4qu Related content:> https://ocn.org.au/confidence-is-waning-new-strata-commissioners-urgent-task-to-support-high-rise-city/

What the New Strata Laws on Apartments Mean For You2024-02-16T15:03:51+11:00

Peak Body Calls for Transparency Around Cyber Attacks

2022-11-07T18:13:50+11:00

28 OCTOBER 2022 The Owners Corporation Network is calling for strata management companies to immediately provide full and complete disclosure on whether they have been subject to cyber attacks, after reports that a major strata management company is subject to a large ransom demand from cyber hackers. Read media release:> 221028 Peak Body Calls for Transparency Around Cyber Attacks

Peak Body Calls for Transparency Around Cyber Attacks2022-11-07T18:13:50+11:00

2022-08-25T17:10:26+10:00

24 AUGUST 2022 The NSW government has reinstated Property Services Commissioner John Minns less than four weeks after terminating him from the same role. Karen Stiles, executive director of the Owners Corporation Network, an advocacy group for strata owners, welcomed Mr Minns’ reinstatement. “The property sector is increasingly complex, as are the needs of people buying, selling or renting their home in the rapidly expanding apartment sector,” Ms Stiles said. “Leadership from [...]

2022-08-25T17:10:26+10:00

NSW terminates real estate regulator after 8 months

2022-08-24T10:12:14+10:00

31 JULY 2022 Mr Minns, appointed by former minister Kevin Anderson in November, left the role on Friday, making him the second figure in a key position of industry reform to depart within days, after the largely unexplained resignation of building commissioner David Chandler. “It was a sad week for consumer protection in NSW,” said Karen Stiles, executive director of strata owner advocacy group OCN. “Monday brought the shock resignation of much [...]

NSW terminates real estate regulator after 8 months2022-08-24T10:12:14+10:00

Further Extension of Strata and Community Lands COVID-19 Regulations

2021-04-13T07:50:50+10:00

April 12 2021 OCN does not support the extension of this emergency arrangement for alternative electronic methods for meeting or voting. OCN is recommending that the Act should not be amended to remove the requirement that an owners corporation must make a conscious decision to use alternative electronic methods. The emergency measure that overrides the Act should be allowed to expire. Download statement- PDF

Further Extension of Strata and Community Lands COVID-19 Regulations2021-04-13T07:50:50+10:00
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