How to buy into Strata in the 2019 landscape
September 3, 2019Buying a new home or investment property requires careful consideration. Whether you are considering purchasing a house, apartment or townhouse, you should allow the same amount of consideration for each. There are many perks to living in a Strata property. From the sense of community,
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Why Do You Need a Sinking Fund?
June 10, 2019One of the benefits of living in a Body Corporate is the fact that everyone contributes to the future upkeep of the property. This is done through regular savings. What is a sinking fund? A Body Corporate’s sinking fund is effectively a deposit which exists
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Strata Financial Audits – Good Governance & Best Practice
September 21, 2017Is your strata community following the law and administrative best practice? An annual financial statement audit is a legal requirement for Body Corporate and Owners Corporation communities, but even more importantly, an independent third-party audit provides peace of mind for all lot owners and committee
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Popular Plants for Common Gardens
July 12, 2017Well-maintained common property around your strata community not only improves your property visually, but can also impact on your property’s values. Common property which can be greatly and easily improved includes all aspects of the gardening and grounds such as lawns, access roadways and swimming
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Electric Vehicle Charging for Strata
March 8, 2017As the Electric Vehicle (EV) industry grows in Australia, the need to get a more proactive glance at EV charging issues and solutions for strata buildings is at large. Not only is there a projection for EV to be 31.9% of the nations yearly
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How Your Levies Are Calculated – NSW
November 2, 2016How are your levies calculated? Have you ever reviewed your budgets or general meeting material and wondered how your levies are calculated? Or similarly, have you just paid your levy without really knowing what you’ve been paying for? Here is a quick guide to assist
Read moreHow Your Levies Are Calculated – Qld
November 2, 2016How are your levies calculated? Have you ever reviewed your budgets or general meeting material and wondered how your levies are calculated? Or similarly, have you just paid your levy without really knowing what you’ve been paying for? Here is a quick guide to assist
Read moreHow Your Levies Are Calculated – Victoria
November 2, 2016How are your levies calculated? Have you ever reviewed your budgets or general meeting material and wondered how your levies are calculated? Or similarly, have you just paid your levy without really knowing what you’ve been paying for? Here is a quick guide to assist
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Incorrect Invoices Delay Payment
October 24, 2016Strata communities can reduce the risk of payments being delayed or becoming victims of invoice fraud by insisting service providers adhere to best business practice. SSKB’s Client Financials team processes hundreds of invoices for clients each week and occasionally our accountants will have to return
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New Law Affects Levies and Capital Expenditure Funds – NSW
September 19, 2016New strata laws apply in New South Wales from 30 November. SSKB has reviewed these new laws and in response to enquiries from our clients, we address five of the major changes that will affect your community. If you have any further questions regarding these
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Herbs At Home – Apartment Friendly Plants
September 19, 2016One of the compromises of apartment living is not having your own personal green space. But even the most avowed ‘brown thumb’ would concede that having a thriving herb garden would be a handy addition. Best of all, herb gardens are easy to grow and
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How To Prepare A Budget
August 29, 2016Preparation of a budget is one of the most important tasks a committee must undertake in their year to year operation. The following are general principles which strata communities may consider when preparing their budgets. The previous year end accounts are reviewed prior to commencing preparation of
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Meet The Team: Maureen from Client Financials
August 9, 2016SSKB has an extensive team of people to help you manage your strata investment. This month we’d like to introduce you to the Client Financials team. In addition to your Community Manager and Assistant Community Manager, SSKB lot owners have access to our expert Client Financials
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Surplus Special Levy Funds – Victoria
July 11, 2016In recent articles, we have discussed the roles of maintenance funds and plans in strata communities. An owner’s corporation’s maintenance fund is effectively a deposit which exists to allow an owners corporation to pay for repairs and maintenance of a building, in accordance with the
Read moreSurplus Special Levy Funds – NSW
July 11, 2016In recent articles, we have discussed the roles of sinking funds and administrative funds in strata communities. A sinking fund is effectively a deposit which exists to allow an Owners Corporation to pay for major capital repairs and maintenance of a building, while the administrative
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