strata managers

‘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

RE ‘experts’ on better service exclude customers

2021-04-13T08:09:42+10:00

30 MARCH 2021 If there was any doubt which side of the great strata divide Fair Trading is on – between those who make money from Real Estate and those who live in it – it was clarified last week in an announcement from Better Regulation, trumpeting the creation of a Real Estate Expert panel. “The NSW Government has established a panel of real estate professionals to be a voice to [...]

RE ‘experts’ on better service exclude customers2021-04-13T08:09:42+10:00

ACCC hands final insurance affordability report to Government

2021-01-06T09:15:20+11:00

The Australian Competition and Consumer Commission (ACCC) has concluded its three-year inquiry into insurance affordability in northern Australia by calling for broker commissions to be replaced by a fee-based system. > Read the full article in Insurance News here > Link to ACCC Project Overview

ACCC hands final insurance affordability report to Government2021-01-06T09:15:20+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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