Insurance Archives - SSKB - Strata Managers | Community Experts
Financial Obligations

Financial Obligations

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Under Australian Tax Law, your strata property must fulfill certain financial obligations. Tax returns Australian Tax Law requires that bodies corporate lodge a tax return for their assessable income in the financial year. The rate and threshold of taxation applied to bodies corporate is the

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Cladding deadline Extended

Cladding Deadlines Extended

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An extension has been announced for the QBCC combustible cladding deadlines. Parts 2 and 3a have been changed. At SSKB we have been working hard and engaging industry professionals to meet the original deadlines. For some committees it is a breath of fresh air to

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The Strata Terms you need to know

Strata Dictionary

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Strata living can be a confusing world, from the many terms to the constant changes in legislation and the different terminology around the country. We have taken some of the most common terms that you may need to know whilst you are living in a

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SSKB Strata Managers welcomes guest author Kimberley Lundberg from IAGB to talk landlord insurance.

Landlords Insurance in a Strata Complex

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Guest post by Kimberley Lundberg from Insurance Aid General Brokers If you own and rent a unit or lot in a strata managed complex, you might be tempted to think that the insurance your body corporate pays on your behalf (Strata Insurance) will protect you

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SSKB Strata Managers encourages communities to be storm-wise this summer

Now’s The Time To Be Storm Ready

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Australia is now in cyclone season which began on 1 November. So proactive strata communities should consider their storm readiness. The Bureau of Meteorology (BOM) has just announced the first cyclone for the season – Cyclone Owen – although a likely El Nino this year

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SSKB Strata Managers has some travel tips before you go on that trip

Five Travel Tips For Apartment Owners

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More Australians than ever are taking up apartment living. One of the reasons why people gravitate to strata living is the allure of ‘lock up and leave’ – the security of knowing your home is safe while you enjoy travel. According to the 2016 Australian

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Cladding

QLD Legislation Changes | Exterior Cladding

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QLD Government Passes New Cladding Legislation What exactly is the cladding? The cladding in question are aluminium composite panels (ACP). These have a polyethylene or plastic core and an aluminium coating. It is a cheaper building material widely used worldwide to clad all types of

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Running A Business in a Body Corporate

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Running a business from home seems like no big deal in this day and age, but matters are slightly more complex when it comes to strata living. Of course, many home businesses are conducted by without any visitors or frequent deliveries coming to the premises

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LPG Safety in Strata Communities

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Reports in the news earlier this month of a St Kilda man injured in his apartment by an exploding LPG bottle has reinforced reminders for increased safety awareness for everyone living in strata communities. This is in addition to increased awareness by strata communities all

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Important Changes to Terrorism Insurance Scheme

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SSKB recently received notification regarding changes by the Australian Reinsurance Pool Corporation (ARPC) regarding an extension to the definition of a commercial building and this will affect some strata communities from 1 July 2017. The following is an excerpt from Insurance Aid General Brokers (IAGB),

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Understanding Owners Corporation Insurance – Vic

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Even considering an insurance policy is enough to give most people a headache – let alone handling insurance for a multi-storey apartment block.  In Victoria, owners corporations are required to insure common property, public risk and every building which contains an owner’s lot (i.e. an

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Understanding Insurance – NSW

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Even considering an insurance policy is enough to give most people a headache – let alone handling insurance for a multi-storey apartment block. Under section 160 of the Strata Schemes Management Act 2015, the owners corporation must insure the building under a damage policy (for

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Understanding Body Corporate Insurance – Qld

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Even considering an insurance policy is enough to give most people a headache – let alone handling insurance for a multi-storey apartment block.  In Queensland, the Body Corporate and Community Management Act requires the body corporate to insure common property, body corporate assets, public risk and every

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Insurance Certificate of Currency will soon be available through StrataMax for SSKB Strata Management clients

Strata FAQ: Insurance Certificates

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Question: My strata community charges an annual fee for insurance on the lot as an apportion of the insurance taken out by them. Are they obliged to provide a copy of any that an insurer would normally provide, such as Insurance Certificate, Production Disclosure /

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SSKB helps ensure that your Body Corporate Insurance is up to date

Insurance Renewal For Body Corporate – Qld

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The Queensland Government has announced a review into the state’s property laws including the Body Corporate Community and Management Act 1997 and other community titles legislation including body corporate governance issues. The review period ends on the 22nd of February. This follows on the heels

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