Category: Funds and Levies

Supply and demand crisis set to hit body corps

Building and maintenance costs are likely to increase over the next year

A quick prediction for 2022:

Building and maintenance

Building Insurance Valuations: a user’s guide

Understanding and keeping building insurance valuations up to date can help control the costs of rising premiums.

For most body …

Cost Concerns Drive Body Corporate Agenda

Almost half of body corporate owners list rising costs as the number one concern at their scheme.

Tower’s Survey Monkey …

That Sinking Feeling – Your Sinking Fund Forecast

When was the last time your scheme really had a look at its sinking fund forecast? That is, really had …

Can Preventative Maintenance Save Rising Strata Insurance Costs?

Bodies Corporate should prepare for rising strata insurance costs by proactively managing claims and carrying out preventative maintenance.

It’s an …

The Community Management Statement (CMS) – What Is It?

This information in this article is relevant to all schemes in Queensland registered under the Body Corporate and Community Management …

Administrative Fund vs Sinking Fund?

Many owners are confused about Body Corporate Funds – particularly the difference between the Administrative Fund and the Sinking Fund, …

6 Ways to Save Money on Your Strata Insurance

6  key points to assist you and your Body Corporate to get the best possible terms out of your insurer.…