RAINY DAY MONEY FOR BODY CORPORATES The concept of ‘rainy-day’ money doesn’t just apply to individuals; it should apply to bodies corporate as well. As we all know, rainy-day money is money we keep to one side for the unexpected expenses and emergencies we may face. It is important because it provides financial security and […]

THREE DOWN, TWO TO GO! MEET JESSICA CANNON We’ve reached the halfway point of our October Strata Community Education Seminar Series! Following three successful events across the Sunshine Coast, Gold Coast and Mackay, we’re now turning our attention to Brisbane next Wednesday, 21st of October! It’s been fantastic to see so many committee members, lot […]

HOW TO FIND THE BEST FUNDING CHOICE FOR YOUR BUILDING A major repair lands on the agenda. The building needs work… and soon. While agreeing on the scope and budget is challenging enough, an even tougher question every body corporate faces is: how to fund the capital works? Whether it’s façade repairs, waterproofing, lift upgrades […]

IS YOUR SINKING FUND FORECAST STILL ON TRACK? A Sinking Fund Forecast is an important part of a body corporates long-term financial planning. But preparing the forecast is only part of the process. Major building components and common property assets will require replacement or renewal at different points in a property’s life. A Sinking Fund […]

MEET ANDREW STAEHR: PLANNING BEYOND THE BUDGET Mackay Next Week! Our October Strata Community Education Seminar Series is continuing across Queensland, and as we prepare for our next event, it’s time to introduce another expert joining our panels – Andrew Staehr, Director of Strata Compliance Solutions. Andrew is part of every regional panel throughout the […]

SMALL ISSUES, BIGGER COSTS When you manage or maintain a strata property, it is easy to focus on the jobs that are already on the schedule. The lawns need mowing, the gardens need attention, the common areas need cleaning and the bins need servicing. But what about the things nobody has specifically asked you to […]

SOMETIMES IT TAKES LEAPS AND BOUNDS: GETTING MAJOR SPENDING APPROVED Proper and timely maintenance is one of the most important parts of administering a community titles scheme. A body corporate has a strict statutory duty to maintain its common property (including utility infrastructure) and assets in a good and structurally sound condition. It is not […]

WHO DOES WHAT ON A COMMITTEE? One of the most common questions we receive is whether there are specific sections of legislation that clearly define the responsibilities of each committee member. The reality is that references to committee roles and responsibilities are spread across multiple sections that outline the functions each committee member may perform. […]

BODY CORPORATE FINANCIAL DECISIONS: MEET PETER HUNT Following the opening of our October seminar series on the Sunshine Coast, we’re heading to the Gold Coast next Wednesday! As our Strata Community Education Seminar Series continues across Queensland, we’re excited to introduce our next lawyer guest speaker, Peter Hunt, Director at Mathews Hunt Legal, who will […]

FOREARMING THE COMMITTEE There are many rules and restraints on a committee’s ability to spend body corporate funds that can make it difficult to promptly deal with issues that arise. Compliance with these rules and restraints is a common feature of disputes that are made against a body corporate and its committee, or in the […]

BODY CORPORATE FINANCES: MEET JASON CARLSON NEXT WEEK The countdown is on! With just one week until our October Strata Community Education Seminar Series begins on the Sunshine Coast, we’re excited to introduce our first lawyer guest speaker, who will help unpack the legal and governance considerations behind body corporate finances. Jason Carlson, Practice Leader […]

ONE STORM, THREE CLAIMS When a severe storm hits a strata complex, the damage can extend far beyond a leaking ceiling or wet carpet. For owners, tenants, body corporate managers and committees, the hours and days that follow are often filled with uncertainty, phone calls, insurance paperwork and urgent decisions. What many people don’t realise […]