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Insurance Premiums and Sinking Fund Levies – Construction Market Influences

Insurance Premiums and Sinking Fund Levies – Construction Market Influences A common misconception within bodies corporate is that insurance premiums and sinking fund levies should increase with Consumer Price Index (CPI). Is this correct? Does it make sense? Well, no. In this article we look into construction markets and how this data is used by…

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Transferring money between funds

Transferring money between funds Questions regarding what the body corporate can do when there is not enough money allocated in a certain fund, in particular the transferring of money between the administrative fund and the sinking fund are common in our Office. In this article we will briefly touch on what are funds, how funds…

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Defamation in Strata

Most of our articles are Queensland centric. This one is effectively national, because while defamation is something that our constitution deems a State issue, each State has adopted the same defamation legislation. So, while this case was decided in NSW, its implications and findings are national. Defamation has been in the media a lot lately, particularly…

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Commissioners Corner: Removing and Replacing Committee Members – FAQ’s

Commissioners Corner: Removing and Replacing Committee Members – FAQ’s We get a lot of enquiries about the process for removing and replacing committee members. While the FAQs in this article provide some general information about these topics, it’s worth saying that merely removing and replacing a committee member is not necessarily going to solve all…

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