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QLD Body Corporate News


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

One of the key functions of the body corporate manager is to help owners understand the risks and responsibilities of each scheme and to reduce these are far as possible. It’s not glamorous work, but it is essential as the losses from an uncontrolled risk gone wrong can quickly spiral
out of control.

With that in mind, Tower have recently partnered with a company called Arm-CC to check the compliance details for all contractors attending schemes we manage. The project has been underway in the background for a few months now and involves the permanent, ongoing checking of insurance, licence and registration details of the tradespeople you use. It’s a good step forward in making sure that your scheme is protected if the worst happens.We have discussed the project further in this month’s main article.

Elsewhere this issue:
  • Would you make a good Strata Manager? Join us for a webinar to find out.
  • Obtaining approval to fix defects
  • Do you have to go to tender to assign a caretaking contract?
  • 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

A step forward in contractor compliance


Tower Body Corporate
For your safety and protection, Tower have engaged a company to systematise monitoring of contractor compliance across all of our schemes.

Read more.....

Committee Members and Owners: Would you make a good Strata Manager?


LookUpStrata + SCA
Sep 29, 10 AM
Strata Management is a rewarding career in a growing industry with several avenues for advancement. Join Will Marquand as he joins a panel of strata managers to explore strata management as a career.

Register Now.....

Q&A Responsibility to Repair Common Property Defects


Michael Kleinschmidt, Stratum Legal
Q: Our windows leaked during heavy rain. I've explored an option to repair the problem and prevent future damage. I'm even happy to pay for the work, but due lack of response from other lot owners, I'm unable to get approval to proceed. What happens now?

Read more.....

Q&A Management Rights – Caretaking and Letting Agreement + Extensions


Todd Garsden, Mahoneys
Q: Does a Body Corporate have to go to tender to assign a caretaking contract or can we just get two quotes? Is there a legal requirement to go to tender?

Read more.....

The QLD Strata Magazine
September 2022

  • Preventing water from coming through slip joints  
  • If you don’t like voting, strata living isn’t for you
  • Can we pursue a driver for vehicle damage to common property 
  • Caretaker Spend Allowance: Can the Committee regain control?
  • Potential liability for a casual arrangement  
  • Who is responsible to repair a broken intercom system?
Read The QLD Strata Magazine Now

Latest News.....


New taxes, new laws, new market: Challenges ahead for landlords and tenants

Bees Nees City Realty
Tenants and landlords alike should be concerned about the range of changes in our state laws and taxes that have already driven investors from the market, dumping property for other investments.


House price growth has far surpassed apartments in recent years. Could the gap narrow?

Domain
House prices rose much faster than apartment prices during the most recent property boom, but that trend is unlikely to be repeated after the current downturn ends, economists said.


The pet-friendly laws in each Aussie state

 Leanne Jopson, Your Investment Property
For pet owners, the rules and regulations around rental properties and pets are changing. Here are the laws in each state.
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