General Interest (Page 5)

Does that bulletin title put the shivers up your spine or what ! The statement is mostly delivered with a feeling of foreboding by someone you love, fear, admire, respect…… whatever. When I hear it from the managing director, I assume a dire transgression and very very unpleasant consequences, even when I can’t recall doing anything wrong. My brain moves immediately to a state of terrified guilt from which I have no chance of countering the discussion to come. And that’s a shame because we really do need to talk. In this age of digital communication, I reckon we’ve lost the ancient art of effectiveRead More →

Smoking and vaping have long been contentious issues within the realm of body corporates, often causing frustration among residents and committees alike. The battle to strike a balance between the rights of smokers and non-smokers has persisted for years, as both groups seek to coexist harmoniously within shared living spaces.   While smokers argue for their right to indulge in their own properties, non-smokers advocate for a smoke-free environment where they can breathe freely. In this blog post, we aim to shed light on the key rules and regulations that clarify where smoking and vaping are allowed within a body corporate.   By understanding these guidelines, weRead More →

Common groud. It’s an important area in any strata scheme, and it’s also the most important area in the relationships that decide whether a Management and Letting Rights business can succeed. A community title scheme is like a magnifying glass of society. It can amplify so many of the good things we enjoy – good friends, beautiful views and wonderful communal amenities in locations by the beach or by a golf course that many owners could not enjoy if they were buying a suburban house. But community title strata schemes can also magnify problems, and finding common ground with owners, tenants, and body corporate committeesRead More →

Premier Plus for TheOnsiteManager.com.au managers

For years now, managers have despaired at the huge cost for Premier ads on RealEstate.com.au. We all know ( as carefully researched here: https://theonsitemanager.com.au/news/feature-listing-upgrade-value-quantified-a-case-study/ ) that upgrade listings acheive a vastly quicker settlement time than standards… and just recently RealEstate.com.au were kind enough to allow us to nominate some of our stubborn sales listings to Premier Plus to see what we thought of it. The manager whose listing was chosen said the difference was, and I quote directly: “night and day”. She’d had a 7-figure apartment stuck on the market for a month with barely a nibble and the owner was about to pull the lotRead More →

The concept of a ‘partnership’ or ‘syndicate’, whereby a group of investors pool their financial resources to leverage their purchasing power to acquire an asset, is by no means a new one. Such arrangements have been prevalent in the commercial property and freehold hotel/motel market for decades. In the management rights industry, syndicates are becoming increasingly common in the purchase of large-scale, high netting businesses. So, what are the key components of a management rights syndicate? What do they offer to their partners? And what advantages do they hold over other operational/investment models? PARTNER ROLESAs the name suggests, partnerships are established by uniting a groupRead More →

Contributed By: Mike Phipps Finance on

I find newborn infants interesting. They seem to appear with little personality and a case of sheer exhaustion, presumably due to the rigors of their recent journey. They spend most of their time sleeping or crying and apparently pining for a return to the warm safe place from whence they recently emerged. As such I’ve previously been one of those people who finds the little ones far more appealing once they become mobile and start to develop a personality. In the case of our 3 year old granddaughter that would be very mobile and some personality indeed! We love her dearly but after a dayRead More →

Contributed By: Holmans Accounting on

Holmans is a well-recognised and respected name in the Management Rights industry. We provide comprehensive advice and personalised service to give you peace of mind – whether you are purchasing, managing, or selling your Management Rights Business. We take pride in presenting the most experienced and knowledgeable team in the business to service your needs. We, together with other specialist Management Rights advisors and agents, regularly host information workshops to provide you with a range of strategies to assist you to legally minimise your tax liabilities, increase your wealth, and protect your assets. Whether you are considering Management Rights as a business venture for theRead More →

Contributed By: REIQ on

As the state peak body for real estate professionals, the Real Estate Institute of Queensland (REIQ) has today welcomed reassigned Ministers to the Palaszczuk Government Cabinet. REIQ CEO Antonia Mercorella congratulated Meaghan Scanlon on her appointment as the Minister for Housing and Yvette D’ath on her appointment as the Attorney-General and Minister for Justice and Minister for the Prevention of Domestic and Family Violence. “We welcome these appointments and renewed focus, and look forward to continuing to work in an effective and constructive fashion with both Ministers as Queensland faces significant challenges ahead,” Ms Mercorella said. “In particular, housing accessibility and affordability are complex and criticalRead More →

The Holden Monaro is considered, among a certain demographic of the population, an icon of Australian motoring. Indeed, when we actually made things like cars the modern version produced between 2001 and 2005 sold in vast numbers to petrol heads, mums and dads and collectors alike. Man, I loved that car when it was launched but alas, as a poor long-suffering PAYG slave I could not afford one. So, I’d spend time in Holden showrooms just looking at the thing and dreaming of the day………. It will come as no surprise that as a Toowoomba girl the managing director also had a soft spot forRead More →

Contributed By: REIQ on

The REIQ says last month’s pause in interest rate hikes has proven to be a short-lived relief for mortgage holders, as the RBA has today hiked the cash rate by 25 basis points to 3.85% – the highest level since April 2012. REIQ COO Dean Milton said the RBA’s decision to forge ahead with its aggressive tightening cycle would weigh heavily on homeowners and investors. “We have seen regulatory chaos from State and Federal Governments, and whiplashing back to another interest rate rise only adds to this pain,” Mr Milton said. “There’s barely been time for the market to absorb the lagged impact of theRead More →

ADVERTISMENT: