The latest QLD Strata Information.

QLD Body Corporate News


July 2022 Newsletter
Welcome to the July edition of Tower News.

One critical area of body corporate life is the nexus between tenants, landlords and body corporates and their tensions that emerge as their interests fall in and out of alignment.

That relationship may be set to become a little more fraught later this year when stage one of Queensland’s Housing Legislation Amendment Act comes into effect. The new act makes it easier for tenants to have pets and requires landlords to meet minimum standards of property maintenance. No bad thing in and of itself but the new regulations also allow for plenty of areas of increased dispute for body corporate and that means more time and money for owners. Our main article takes a look at the changes and what impact they might have.

Elsewhere this issue:
  • Register for a webinar about Approval for Renovations
  • Body Corporate and Lot Owner tax when money is raised from renting common property
  • Terminating a Caretaker engagement and what steps the committee might consider before things escalate
  • and much more.....

Tax Returns
The end of the 2021/2022 financial year is here, so it is time to ensure you have everything you need to prepare your income tax returns. We can provide owners with a levy contribution summary/tax report for the tax return at a cost of $7.95. Please email info@towerbodycorporate.com.au to order your report.

Sign Up For Levy Notices via Email
We continue to encourage as many owners as possible to sign up to receive levies and notices by email. Unfortunately, the post is slow and inconsistent at the moment while emails are fast and guaranteed. Signing up also helps save your plan money as distribution costs lower. We need to receive notification in writing to make the change 'Please send my notices/levies by email' is sufficient.

Use this button ↓ to advise your body corporate manager or mail our general inbox at info@towerbodycorporate.com.au.
Send Me Notices / Levies by Email

Get a Reward for Sending Referrals Our Way
We ❤️  referrals. Do you know someone who is looking for a body corporate manager? Refer them to us and if their body corporate signs a minimum 12 month contract, we'll very happily give you a $250 gift card as a thank you.

Contact us: info@towerbodycorporate.com.au
Kind Regards,
 

The Tower Body Corporate Team
 

WEBINAR: Approval for Renovations


WHEN: Jul 21, 10 am
This webinar is a helpful guide for committee members and lot owners dealing with proposed lot owner renovations. Michael will examine a hypothetical renovation proposal. By so doing, he will show you some of the tripwires to avoid.

Register Now.....

New tenant laws bring challenges for your body corporate


Tower Body Corporate
New tenant laws in Queensland will affect the way a body corporate deals with maintenance and by-law issues adding costs for lot owners.

Read more.....
 

Q&A Body Corporate Audits and Tax


Rod Laws, TINWORTH & CO
Q: Is it possible for a body corp to raise money to reduce levies by renting a small area of common property to another entity? Are there implications on lot owner’s tax?

Read more.....

Caretaker disputes


Commissioner for Body Corporate and Community Management
This highlights what the relevant legislation says about terminating an engagement and what steps the committee might consider before things escalate. We will also clarify the role of the Commissioner's office in relation to caretaker disputes.

Read more.....
 
 
 

The QLD Strata Magazine
July 2022

  • Who pays for the replacement of damaged carpets? 
  • Making the building as secure as reasonably possible 
  • When lot owners hide building defects ... who eventually pays? 
  • Application for a visiting pet denied! Can we ask why?
  • Does the caretaker have exclusive use of visitor parking spaces
  • Damage from shopping trolleys left in the car park
  • Strata Reform is About People, not Buildings
Read The QLD Strata Magazine Now
 

Latest News.....


Gold Coast unit prices slowing but bucking downward trends as Australia's property market eases

Kimberley Bernard and Sarah Cumming, ABC News
Property analyst Terry Ryder said despite a slight slowing of the market it was unlikely the city's apartment prices would fall "to any great degree".


Queensland rental law changes start October 1, making it harder to deny pets, terminate leases

Tara Cassidy, ABC News
New housing laws set to come into effect later this year will make it harder for Queensland landlords to ban pets in rental properties. A landlord could decline a tenant's request for a pet for no specific reason, but come October 1 that would change.


Bye-bye quarter-acre block: more Australians are living in apartments – but do they meet our needs?

Caitlin Cassidy, The Guardian
Australians are turning to apartment living in record numbers, as the gap between private property rental prices and apartments continues to widen.