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What Does the ACCC’s Final Report Into Insurance in Northern Australia Mean for Strata?

The ACCC released their final report on insurance in Northern Australia late last year as the conclusion of a three-year inquiry. The final report delivered 38 recommendations across 592 pages, however, there were a handful that were highly relevant to everyone in the strata sector. The 592-page report explored in detail the strata, home and contents insurance…

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Should You Accept a New Contract From Your Lift Company?

If you are offered a new lift contract at a reduced rate, should you accept it?  What could possibly go wrong? This article will provide advice to avoid an expensive mistake. If you are happy with your service provider, if they’re doing a good job and not overcharging you, then it’s quite understandable that you’d…

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Standard Module Regulation changes – General Meetings

As general meetings are the primary means of body corporate decision-making, the provisions regulating them are critical in facilitating effective scheme governance. Some common objectives underpinning the changed arrangements for general meetings in the upcoming body corporate regulations are increased flexibility, convenience and protections for owners, as well as reduced costs for the body corporate.…

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The Benefits of a Building Assessment Report

When planning repairs and maintenance on a building it can be beneficial to consider engaging a company to conduct a building assessment report. A building assessment report can work wonders by giving insight to the “health” of the building and its condition. The report can also help with prioritising the items that are most important…

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