A Comprehensive Overview of Strata Living in NSW
Strata living is a popular choice in New South Wales, offering a blend of private ownership and shared responsibilities. Whether you’re an owner, tenant, or prospective buyer, understanding how strata schemes operate is essential for a harmonious and well-managed community. What is a Strata Scheme? A strata scheme divides a building or group of buildings […]
Demythologising Strata Facts
As more Australians choose apartments and units as their homes, strata living has become increasingly common. With over 350,000 strata schemes housing around four million people, this lifestyle is growing rapidly, particularly as the country aims to build 1.2 million new homes in the next five years. However, misunderstandings about strata schemes abound, sometimes leading […]
Taking control of your strata schemes EOFY as a member of the committee
The end of the strata schemes financial year (EOFY) is a critical time for strata committees to review their scheme’s performance, ensure compliance, and plan for the future. Here are the key steps committees should undertake: 1. Financial Review 2. Budget Planning 3. Sinking/Maintenance Fund Forecast Update 4. Insurance Valuations 5. Fire Safety Compliance 6. […]
Owners Corporation Legal Obligations
Ensuring Work Health and Safety in Strata Schemes: Legal Obligations for Owners Corporations The recent prosecution of a strata scheme after the tragic death of a man in New South Wales is a sobering reminder for Owners Corporations of the critical need to uphold legal obligations and ensure the safety of common property areas. In […]
Growing the SSKB Community
SSKB Update Since the early 1990s, when we were known as ‘Stewart & Silver’, to ‘Stewart, Silver, King & Burns’ in the mid-1990s, and now simply ‘SSKB’, we have undergone several name and logo changes and changes in ownership. One thing that has remained constant over the past 30 years is our dedication to you, […]
SSKB Strata App Update
Exciting news for all SSKB strata scheme lot owners and committee members! We’re pleased to introduce an innovative new feature in the SSKB app that will make managing your strata lot even easier. With our latest update, you can now view your full transaction history directly on the Lots and Levies page, providing you with […]
5 Ways to Maximise Space in Strata Living – NSW
Living in an Owners Corporation property in Northern New South Wales offers a unique combination of coastal living, breathtaking natural surroundings, and a laid-back lifestyle. However, such properties can often be smaller than traditional properties, which poses a challenge for residents who want to make the most of their limited space. Maximising space in your […]
Owners Corporations’ Responsibility to Maintain Common Property Security – NSW
With crime rates on the rise in many parts of Australia, it’s essential to prioritise security both at home and in the community. The surge in crime can be unsettling for many. This prompts us to think about what we can do to prevent our Communities falling victim. Let’s explore the Owners Corporations responsibility to […]
NSW Strata Land Reforms
The New South Wales Government has made changes to Strata laws. This is effective from December 11, 2023, aiming to create fairness and transparency. These reforms stem from the Strata Legislation Amendment Bill 2023. Which is in response to public consultations and recommendations from the 2021 Statutory Review of the Strata Schemes Development Act 2015 […]
4 Tips to Prepare Your Strata Building for El Niño – QLD
El Niño is a prolonged weather event that brings drier and hotter conditions. The Bureau of Meteorology declared that an El Niño event is underway for Australia. Consequently, there is an increased risk of high temperatures and the likelihood of fires throughout Australia. In the wake of this declaration, it is important to be prepared for […]