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July 2022

You are browsing the site archives for July 2022.

In: General Interest

Contributed By: Liz Jordan - Resort Brokers on

There is $120 billion of accommodation assets under management, according to a management rights industry-first report, which values the management rights industry at $4.8 billion. ResortBrokers Management Rights Report 2022 shows there are 3,679 schemes nationally and 250,652 lots under the management rights model, with an average of 68 lots per scheme. Management rights is a business model that provides for the long-term operation of strata-titled complexes, where residential lots are owned by multiple owners with both similar and sometimes contrasting interests, such as investors and owner occupiers. It largely consists of two principal components, a caretaking agreement and a letting agreement. A caretaking agreementRead More →

In: Events

Contributed By: TheOnsiteManager on

Nick Buick from TheOnsiteManager was honoured to be awarded the Service Provider Of The Year award at the ARAMA Top Awards at Brisbane City Hall on Tuesday Night 26th of July.  The award was presented by the Queensland Minister for Communities and Housing and Minister for the Arts and Digital Economy, The Honourable Leeanne Enoch and will take pride of place on the book shelf here at TheOnsiteManager.com.au HQ. Receiving the award broke the 3 year winning streak held by the great and powerful John Mahoney and was a sincerely felt honour. TheOnsiteManager team would like to thank ARAMA for putting on such a wonderful event, theRead More →

In: Insurance, Landlords, Tenants, Renting and Management, Legal

Contributed By: Aon on

In a world where almost everything is paperless, keeping records and filing documentation is something that might slip your mind as you go about your usual business. While digitisation has made record keeping easier in some ways, it has also brought about some complexities. While there was a time when everything needed to be done in writing, nowadays a simple phone call can be enough to prompt action. Record keeping also goes beyond simply filing documentation. Think of all the ways you might interact with clients, whether that’s via phone, text, emails or in person. Good record keeping should encompass keeping details of all conversationsRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

Travel anxiety is the fear of visiting an unfamiliar place. It can also involve the stress that comes with planning your travels. Even if you have no history of anxiety, the idea of being outside familiar territory can throw you into panic mode. There’s a lot of life affirming stuff on social media these days. There’s also a stack of people leading us to believe they are leading fruitful and happy lives with not a care in the world. I contend that much of this has the potential to give us a warped view of the world and some unrealistic expectations. In fact, I thinkRead More →

In: Accounting and Finance

Contributed By: Resort Brokers on

Management Rights’ industry worth $4.8b in Australia, according to groundbreaking reportManagement Rights contributes a staggering amount to the Australian economy, with $120 billion of accommodation assets under management, according to an industry first report.ResortBrokers today released the Management Rights’ Report 2022 – the only one of its kind in Australia – which examines the vast impact of this accommodation industry sector.The inaugural report is a game-changer for the industry with ResortBrokers utilising its bespoke, back-of-house research system to collect and collate the data from around Australia.Findings by ResortBrokers Research reveal: $4.8b estimated total value of the MR industry 3,679 number of schemes nationally 250,652 numberRead More →

In: ARAMA, Events

Contributed By: Trevor Rawnsley on

What a night, and what a history ARAMA has had over the last three decades! On May 20, more than 250 people gathered at The Glasshouse inside The Island hotel at Surfers Paradise to celebrate our association’s 30th birthday, and to honour all those who dug the well so that everyone in the industry could drink from it. It was May 20, 1992, when QRAMA – the Queensland Resident Accommodation Managers Association – was inaugurated on the Gold Coast. The association later became ARAMA, when the name “Queensland” was supplanted with “Australian” in line with our growth to other states and overseas. Our 30th birthdayRead More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

“It’s the End of the World as We Know It (And I Feel Fine)”R.E.M., 1987 It has come to my attention dear readers that my most popular missives involve tales of travel and preferably unfortunate events befalling me. So, at great personal sacrifice and to get the inspirational juices flowing I have taken myself off to Switzerland. Well, Switzerland, Italy and France to be precise. That my departure from Australia’s fair shores has coincided with our new prime minister realizing he’s inherited one very poisonous chalice brings me no joy. I guess I can take heart from the miracle of internet news which allows me toRead More →

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