strata managers

Growing calls for a federal inquiry into the strata industry

2024-10-24T14:33:07+11:00

OCN spoke to the ABC following the explosive Four Corners episode on 9 September 2024. NSW Housing Minister, Rose Jackson, supported an inquiry and said the NSW government was willing to work with its federal colleagues. The CEO of the NSW Real Estate Institute supported the call for an Inquiry to rid the industry of rorts and restore trust in the many good managers 'who would be cringing' after watching the [...]

Growing calls for a federal inquiry into the strata industry2024-10-24T14:33:07+11:00

Consumer Groups Demand Government-Directed Inquiry into Strata Management Industry

2024-10-24T11:02:29+11:00

A coalition of leading consumer advocacy associations has today called on Federal Treasurer, Hon Dr Jim Chalmers MP to initiate a government-directed public inquiry, led by the Australian Competition & Consumer Commission or the Productivity Commission, into the strata management industry. The coalition cites systemic harmful practices within the industry that compromise consumer rights and community expectations. Noting recent media reports of unethical, questionable or unlawful practices, the groups urge a [...]

Consumer Groups Demand Government-Directed Inquiry into Strata Management Industry2024-10-24T11:02:29+11:00

How apartment owners are being ripped off….

2024-09-11T11:56:12+10:00

Here's today's media UPDATE ABC Four Corners:> VIEW THE FULL EPISODE HERE ABC News: How apartment owners are being ripped off> http://ABC News Daily: How Apartment Owners Are Being Ripped Off ACCC Chair calls for a ban on Strata Insurance Commissions:> ABC News today Brokers and advocates call for public strata inquiry:> Call for a public inquiryAnd in the interest of fairness, Steadfast's response:> https://www.insurancebusinessmag.com/au/news/breaking-news/steadfast-on-abc-strata-investigation-we-refute-the-allegations-504852.aspx Plus there's more Top consumer groups say 'it's [...]

How apartment owners are being ripped off….2024-09-11T11:56:12+10:00

Money Magazine Strata Special

2024-09-05T17:03:46+10:00

OCN contributed to a 2 part Money Magazine September issue look at strata owning. In 9 Strata Myths Busted by Tom Watson, OCN talked about the pros and cons of being on a strata committee.  We 'busted' the myths that by-laws are set in stone, and that you have to attend a general meeting in person to vote.  And we debunked the myth that tenants have no say, explaining that in [...]

Money Magazine Strata Special2024-09-05T17:03:46+10:00

Why the OCN is fed up with the strata “industry”

2024-08-05T12:14:45+10:00

Karen Stiles, OCN Executive Director, shared her thoughts why she's "fed up" during a recent interview with Amanda Farmer's "Your Strata Property" podcast. Hear what she had to say on: how strata owners are being overlooked in today’s conversations about the strata industry, the astonishing lack of consumer protections for those buying apartments, the owners who ARE willing to pay more for good strata management, and why Fair Trading needs to [...]

Why the OCN is fed up with the strata “industry”2024-08-05T12:14:45+10:00

Sydney strata manager appeals 10-year ban for accessing funds without approval

2024-08-07T12:27:03+10:00

One of Sydney’s highest profile strata managers is appealing against a ruling that saw him banned for 10 years for a multitude of allegations, including failing to act with honesty, fairness and professionalism and accessing apartment buildings’ funds without approval. That same manager – despite having numerous complaints against him with the state government tribunal – had also, by the same body, been given total control over schemes that were in [...]

Sydney strata manager appeals 10-year ban for accessing funds without approval2024-08-07T12:27:03+10:00

Sydney strata manager banned for a decade, company stripped of licence by NSW Fair Trading

2024-07-30T17:40:19+10:00

Sydney strata manager Whitney Wang has been banned from practising for 10 years and his company has been stripped of its licence. Mr Wang was the strata manager at the centre of an explosive meeting at the embattled Vicinity apartment complex in Canterbury in 2021 that became so hostile the police were called. He has also been ousted as strata manager twice in the past two years after owners at separate [...]

Sydney strata manager banned for a decade, company stripped of licence by NSW Fair Trading2024-07-30T17:40:19+10:00

Strata manager banned by NSW Fair Trade for 10 years

2024-07-30T17:53:23+10:00

Owners Corporation Network Executive Director Karen Stiles spoke with Sarah Macdonald on ABC mornings about Whitney Wang's 10 year ban for professional (or lack there-of) conduct. “I am hoping this the first step of many more,” she said. Ms Stiles said the NSW Strata Commissioner was creating a good first step and encouraged other states to follow suit. Listen here: Strata Manager banned for  10 years - Karen speaks with [...]

Strata manager banned by NSW Fair Trade for 10 years2024-07-30T17:53:23+10:00

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
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