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In: Accounting and Finance, Body Corporate, Legal

Contributed By: TheOnsiteManager.com.au on

Some strata communities – formerly known as Body Corporates – aren’t liable to pay tax. However, this is not applicable to all stratas, and wrongly assuming you are exempt from paying tax can lead to fines and even court proceedings. It’s important to get in the know about strata communities and tax liabilities so you can gauge whether or not you are liable. If you need more information or one-on-one advice about your own situation, it may be worth speaking to a strata specialist with corporate tax knowledge, such as the team at Abacus Strata. Here’s a quick overview of strata related Tax to helpRead More →

In: Body Corporate, Landlords, Tenants, Renting and Management, Legal

Contributed By: SSKB on

Water has an incredible ability to find its way into all sorts of strange places.  In community schemes, this can quickly fudge the outlines of who is responsible for water damage.  So who should you be talking to if you suffer water damage?  And what are you responsible for? For owners in a property with a Building Manager, this person should always be your first port of call in a case of water damage, as they will identify responsibility for repairs.  It is important to recognise responsibility is divided between the Owners Corporation or Body Corporate and individual lot owners.  Bodies corporate/owners corporations are generallyRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Lauren Kropp, Real Strategix on

Unfortunately, in this day and age, it is almost necessary for a Property Manager or leasing consultant to complete a course in self-defence along with their registration. I began asking Property Managers if any have had scary encounters whilst at a tenant’s premises.  Statistically speaking, 1 in 5 had some sort of scare.  I personally, have been pushed against a wall, whilst carrying out an exit inspection, by the outgoing tenant.  This drew me to the conclusion to NEVER agree to conduct the inspection with them present. Routine inspections, if carried out correctly, should be fairly straight forward and the tenant should, in most instances,Read More →

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: TheOnsiteManager on

A tragic shooting yesterday left 2 female property managers dead and a third male property manager in hospital in a stable condition. The shooting occurred in a rural property where the managers were understood to be conducting a standard tenancy inspection. The tenant is believed to have opened fire on the property managers at the home killing two and injuring a third. Detective Inspector Dene Begbie of Northland Police said roads around the area were cordoned and the suburb was in lock-down as a major police operation was launched when the gunshots were reported at around 11am local time on Wednesday, July 26th. Responding officers wereRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: RealEstate.com.au on

Realestate.com.au recently put together an interesting resource guiding agents on marketing listings on their website. It covers the following points: Photography 76% of consumers on realestate.com.au told us that professional photography helps a listing stand out* Best image first, most frequented rooms next Consider the order of images: Living spaces Kitchen Bathroom Bedrooms Outdoor space Add your market’s lifestyle element. Think location, shopping, entertainment, schooling and transport Don’t skimp on imagery because it’s a rental Reuse professional photos when reletting or selling *Source: Residential Consumer Omnibus, July 2016 Hero Image First impressions count so feature the best image first Drawcard or not, external shots showRead More →

In: Body Corporate, General Interest

Contributed By: Jeremy Festa of Rochele on

Many people believe the main reason we re-paint body corporate buildings is to protect them from the elements. However this is not necessarily true. Apart from sealing certain aspects, such as metal balustrade where we paint in order to deter rust, or ensure natural timber is kept moist through oiling or staining, the real reason we re-paint any building, is to enhance its visual appeal. The built environment and architecture in general plays a huge role in affecting people’s moods. So when it comes to the health and happiness of a body corporate community, a good looking and clean building plays an integral role. EXTERIORRead More →

In: General Interest, Motels and Hospitality, The Management Rights Market

Contributed By: Nick Buick on

Resort Brokers Australia has added two new brokers to its Queensland ranks, taking the agency’s growing national network of specialist brokers to 37. The two latest appointments, Todd Warner on the Gold Coast and Arron Bailey on the Sunshine Coast, follow significant recent expansion moves in Victoria and South Australia. Catering for management rights demand growth on the Gold Coast and Sunshine Coast, Resort Brokers has welcomed two sales professionals from former senior management roles with the world’s largest family-owned spirits company, Bacardi Martini Australia. Todd Warner, an experienced sales professional with a proven track record of leadership in the liquor and construction industries over some 25 years, will handle managementRead More →

In: Body Corporate, Legal

Contributed By: Grant Mifsud of Archers the Strata Professionals on

Following on from the Queensland University of Technology (QUT) recommendations released in February 2017, a further 64 “final” recommendations have been released in a recent announcement made by Attorney-General and Minister for Justice and Minister for Training and Skills, The Honourable Yvette D’Ath. The report focuses on procedural issues under the Body Corporate and Community Management Act 1997. Of the 64 recommendations, 21 suggest that no changes! To give you an indication of the actual changes recommended, we have summarised these into procedural areas of General Meetings, Committees, Notices, Disputes and General. Highlights of the General Meeting changes focus on deemed service of notices taking into account postage, practical waysRead More →

In: Body Corporate

Contributed By: Matthew Lycakis from ThyssenKrupp Elevator Australia on

One of the most important things for the owner of a premises with a lift is ensuring the lift has been registered with WorkCover. The responsibility for registration falls upon the owners of the lift. This can cause some confusion with owners as it is mistakenly believed that the lift service provider registers the lift. Unfortunately, lift service providers are unable to do this as we only provide our services to maintain lifts, but, do not own the equipment. To assist owners with the registration process, we are pleased to provide some important information about registering your plant. The below information is for registering liftRead More →

In: General Interest, The Management Rights Market

Contributed By: Management Rights Sales on

MR Sales are pleased to welcome two new members to their team of experienced brokers in Brisbane. Tony Mancuso and Lyn Pearsall will be joining Greg Jorgensen in Brisbane listing and selling management rights. With 25 years in the Brisbane building industry, as both a builder and developer, Tony Mancuso was heavily involved in the establishment of body corporate schemes and community management scheme statements. Tony also has a financial interest in two manufactured home parks in Victoria and New South Wales, giving him a grass roots understanding of the industry. Tony has been involved in the management rights industry for over 10 years havingRead More →

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