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Communal Facility Restrictions Less Burdensome

From noon Friday last week, stage 3 of the roadmap to easing restrictions commences with some changes to communal facility management in body corporate complexes. Strata Community Association (SCA) (Qld)’s Guide Return to (the new) Normal, Stage 3 outlines what is important for strata communities to comply with. Non-compliance may result in fines of up…

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Tax Time is Here!

Is your strata property generating income from a lease? If the answer is yes, then you will likely be getting ready to prepare all of your income records for lodgement with your tax return. You will also be gathering all of the associated expenses that are deductible for tax purposes which in most cases includes…

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Australasian Strata Insights 2020 Report Released

In 2020, SCA have again partnered with UNSW City Futures to deliver comprehensive data on the strata sector in Australasia. The data this year now extends to New Zealand. This report is an analysis of the state of the strata industry. It includes figures on the numbers of strata schemes (plans) and lots (units), the…

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New Framework for Embedded Networks (Bulk Electricity)

If your Body Corporate purchases electricity in bulk and on-sells to the resident or is considering doing so, then this information applies to you. The Australian Energy Market Commission (AEMC) who is the authority that makes and amends rules for the National Electricity Market has finalised the upcoming rule changes for embedded networks. The new…

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