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Strata News
  Tower Body Corporate 
 April Edition

This month, we cover the following:

We are talking leaks again - this time a leaky roof, and how to fix it.  Top tips about what to do after storm damage, how the Privacy Act affects access to the Body Corporate roll and why Insurance Premium increases are on the cards make up the rest of our articles this month.

Reminder: The deadline is getting closer for comments on the proposed BCCM Act changes. Your opportunity to let your thoughts known closes on the 5th May.

This complimentary newsletter forms part of the comprehensive service provided to you - by keeping you informed and up to date with important news, including any changes that are happening in the Strata Industry. It contains news and articles relating to apartment living in the South East Queensland region.

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Kind Regards

The Team at Tower Body Corporate

Top tips for Bodies Corporate dealing with Storm Damage

Mario Esera,
HWL Ebsworth

Dealing with a flooded foyer is one thing, but what happens when the roof of your apartment complex has been blown away? What does a Body Corporate do then?

Q&A The Body Corporate Roll and The Privacy Act

Frank Higginson,
Hynes Legal

Question: Our body corporate committee has direct our body corporate manager not to provide a copy of the body corporate roll under a s.205 request, because it contains personal and confidential information, and will breach the Privacy Act.

It’s time to budget for insurance premium increases

Tyrone Shandiman, Strata Insurance Solutions
Clients affected most by insurance premium increases are smaller strata properties with less than 15 units and properties that have had claims exceeding the premiums collected, with increases by as much as 25% in the most extreme cases.

Fixing a Leaking Roof

Paul Evans, President - Australian Institute of Waterproofing (AIW)
As a Registered Building Practitioner who is also a specialist in waterproofing installation, I have witnessed the devastating consequences of not fixing a leaking roof in a timely manner.

Latest News

Housing booms puts cranes in the air

Carolyn Cummins, Brisbane Times
17 Apr

The apartment building boom is rolling on despite warnings of an overheated market according to the number of cranes on the skyline.  

Increase in high-rise apartment living takes toll on pet cats

Chris Honnery, The Courier Mail
22 Apr

PET cats are increasingly becoming seriously injured, even killed, after jumping from highrise balconies.

Fire safety a concern post floods

National Fire Industry Association
12 Apr

given the recent damage caused by Cyclone Debbie in Queensland and Northern NSW it is timely that property owners ensure their fire safety systems are in total working order.

For the first time in Australia, more apartments built than houses, ABS data shows

Nicole Frost, Domain
20 Apr

The figures show there were 28,527 units completed over the December 2016 quarter, compared to 28,102 houses in the same period. This is 5901 more than the number of units built during the September 2016 quarter.

Life at the top: Five of Brisbane’s most exclusive penthouses for sale right now

Jim Malo, Domain
18 Apr

Penthouse apartments are a popular product among the rich and powerful and in Brisbane, the market for the expansive and luxurious homes is expected to grow.
National Property Clock

National Property Clock April 2017

Herron Todd White
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