strata

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

Sydney Apartment Investors Fear Debt Trap As Levies Skyrocket

2022-02-08T15:07:11+11:00

Investors from retirees to single mothers on low incomes fear losing their properties after their strata levies jumped from under $2000 per quarter to more than $10,000 for building repairs they had no say in approving. Bright and Duggan told the Herald it was appointed to do work that the owners’ corporation had “failed to undertake over many years with the highest priority of ensuring the building can be safely occupied”. Executive director [...]

Sydney Apartment Investors Fear Debt Trap As Levies Skyrocket2022-02-08T15:07:11+11:00
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