Archive for the "Sector News" Category
Strata Insights 2024
NSW leads Australia’s strata boom: 17% of residents live in strata properties, with 1.07 million lots valued at $486 billion. Most residents are young, multicultural renters.
Read More
Federal Budget 2025–26
Housing Sector Highlights
Sydney’s $1.3M Help to Buy cap boosts apartment accessibility for first home buyers, supporting affordability and demand in the city’s strata property market.
Read More
What the New Strata Laws
Mean for You in 2025
NSW introduces major strata reforms for 2025, enhancing maintenance powers, sustainability measures, and committee training while streamlining processes for community improvements.
Read More
New Entry Powers Proposed
for Strata Properties
NSW Fair Trading seeks powers to enter strata buildings when maintenance issues are suspected. Industry divided over privacy concerns vs enforcement needs.
Read More
New Strata Disclosure Laws
Strata disclosures Major reforms to strata management regulation in New South Wales are set to take effect in early 2025, introducing new changes to disclosure requirements for strata managing agents. The reforms aim to increase transparency and accountability in the sector while providing owners corporations with greater oversight of their strata schemes. Enhanced Disclosure Requirements […]
Read More
Neighbour Day 2024
Fostering belonging in strata living In the context of strata living, where residents share not only walls but also communal spaces and responsibilities, the theme ‘Create Belonging | Share Belonging’ from Neighbours Every Day takes on added significance. Strata communities, with their unique blend of private and shared living spaces, present both opportunities and challenges […]
Read More
Crystal Ball for Strata Reforms in 2024
Likely strata reforms to take place in 2024 The pace of strata reforms is poised to accelerate in 2024 with the new Property Services and Strata Commissioner, John Minns about to embark on the next stage of a major overhaul of legislation and regulation. 2023 closed with the passage of the first major updates to […]
Read More
Planning reforms to fast track
low & medium density
NSW Government challenges Councils to “go further than” the Government’s new policy – allowing 112,000 new homes. On 23 November 2023 the State of New South Wales announced planning changes that it claims will fast-track a greater diversity of low and medium density housing where it is not currently allowed. Councils all have different planning […]
Read More