Strata Life Guide: Serving on a Strata Committee Contents Introduction Terminology Why have a committee? Duties and Functions of a Committee Functions of strata committee as defined by the act Committee decision making Some key areas for an Owners Corporation include Repairs, Replacement & Maintenance Monies & Records Insurances Administration of By-laws Record keeping Restrictions […]
2024’s Electricity Agreements: Maximizing Benefits from Bulk Energy Tenders amidst Escalating Energy Prices 2024 Energy Price Increases Recently, energy prices have continued to rise sharply, both globally and in Australia. The ongoing effects of the COVID-19 pandemic and the war in Ukraine have worsened this trend. Additionally, local factors since May 2023, such as frequent […]
Large Scheme: The What is a large strata scheme (section 6 of Strata Schemes Management Act 2015): More than 100 lots. Utility lots and lots allocated to parking are not included in the calculation. Strata Committee of a Large Scheme (section 30 of Strata Schemes Management Act 2015): Must contain at least 3 members and […]
Blog post updated on 5/12/2022 Strata Annual Reporting – Commences 30 June 2022 NSW Government is in the process of developing a digital hub to “revolutionise strata management”. The Strata Hub will be a central point of information on NSW’s 82,000 strata schemes. Information held on the Strata Hub will increase transparency and access to […]
Pets in Strata – Yes or No? The question “should a Strata Scheme allow animals” is one of the more divisive topics among committees and owners. We have seen interesting case law regarding pets in the past few years which created uncertainty in the industry and tribunal. To clear this up, on 25th August 2021, […]
Strata Life – Striving for a more professional Strata Sector. As a member of Strata Community Association (SCA NSW) the foremost professional body in the Strata Industry, Strata Life are proud to advise that the NSW Government under the Minister for Better Regulation and Innovation, Kevin Anderson, and the Professional Standards Council of NSW have […]
Common Property Electricity – The good, the bad and the ugly of a strata energy tender We have recently completed a bulk energy tender for many of our small clients. A bulk energy tender forms a buying group using all of the common property electricity and gas accounts. The buying group creates economies of scale […]
Brush Turkeys in Strata – July/August nest building season. The Australian Brush Turkey, often called Scrub Turkey or Bush Turkey, is a common widespread species and can be considered a pest by garden owners and strata residents. This is particularly so when the males start building their mounds, usually around July/August! They are found all […]
Possum Removal in Strata Schemes – more complex than one would have thought! If you hear something moving around in your roof void in a Strata property on Sydney’s North Shore and Northern Beaches, it is just as likely to be a possum as a rat. Brushtail and Ringtail possums are the most common possums across Australia. Possums are […]
It is likely your unit or townhouse does not have an individual water meter as most apartment buildings in NSW have only one main meter. This is due to it not being a requirement for new developments until 2014. Monitoring usage in strata buildings For those buildings with only one master water meter, costs are […]
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