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North Queensland Reinsurance Pool & Resilience Program Announced

The Federal Government has this week issued a release stating that more affordable and accessible insurance will be offered due to the establishment of a reinsurance pool by the Morrison Government. The reinsurance pool would cover cyclone and related flood damage in northern Australia from 1 July 2022, and would be backed by a $10…

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Guide for Managing Body Corporate Building Defects

Building defects continue to be an issue, and source of dispute, for bodies corporate. In attempt to address this increasing issue, the new body corporate regulations – introduced in Queensland on 1 March – now place greater obligations on builders, developers and bodies corporate to make sure building defects are identified and rectified in a…

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Extension of COVID-19 Provisions

The COVID-19 Emergency Response Legislation has had amendments passed to allow for the continued response to COVID-19 in Queensland and the references to the 2020 BCCM Regulations which came into effect on 1 March 2021. Strata Community Association (Qld) notes that one of the amended elements is the extension of the timeframe for freezing interest…

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The Importance of Record Keeping

When it comes to fire safety, compliance is essential, not optional. That is why it is integral your building or apartment fully complies with record keeping requirements. As an owner of a building or ‘responsible person’ of the premises, it is your responsibility to ensure that all fire safety facilities, equipment, and devices are maintained…

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