Surplus Special Levy Funds – Qld
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 a body corporate to pay for major capital repairs of a building, while the administrative fund is
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Ideas For Going Green
May 4, 2016It can be easy going green, and the long term benefits could include financial savings as well as ecological ones. Encouraging green planting in and around buildings – especially creating green shade on balconies that receive a blast of western sun – can reduce the
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Sinking Funds Explained – Queensland
May 4, 2016What is a sinking fund? A body corporate’s sinking fund is effectively a deposit which exists to allow a body corporate to pay for repairs and maintenance of a building. The money in a sinking fund can be spent on several different things. Firstly, it
Read moreSinking Funds Explained – NSW
May 4, 2016What is a sinking fund? An owners corporation’s sinking fund is effectively a deposit which exists to allow an OC to pay for repairs and maintenance of a building. The money in a sinking fund can be spent on several different things. Firstly, it can
Read moreMaintenance Funds Explained – Victoria
May 4, 2016What is a maintenance fund? 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 property’s maintenance plan. The maintenance plan is a 10-year plan which
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Living the High (rise) Life
January 25, 2016There are plenty of great reasons why many people are flocking to the cities and enjoying the inner-city lifestyle of apartment living – lifestyle and convenience being chief benefits. Last year, the Victorian Government commissioned a survey of apartment dwellers, developers and local government across
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Changes to Accounts Payable Process
July 2, 2015As a follow up to the StrataSure principles announced last month and in line with our pursuit of excellence in systems and processes, SSKB has made positive changes to our Accounts Payable Process . We have now implemented a mechanism that supports the management of
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Payout for SSKB bodies corporate
July 30, 2014It’s that time of year again – Bendigo Bank (Chevron Island) and SSKB are very pleased to announce that the semi-annual Community Dividend for the period Jan 1 to June 30 2014, has now been paid to 317 body corporate associations, totalling a massive $46,013.60 The Community Dividend
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Buyer Beware – Things to Consider When Investing in Strata
April 4, 2014In the Greater Brisbane and Gold Coast areas, an increasing number of people are buying into strata titles. However, Strata Community Australia (QLD) president Simon Barnard has expressed concern about the growing number of purchasers choosing to forgo important background checks. The declining number of
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SSKB & Macquarie Bank Initiatives
November 28, 2013SSKB works in association with leading Australian banks to ensure SSKB’s lot owners benefit from the most competitive interest rates possible. We are always on the lookout for ways to better meet the needs of our clients and one way we can do that is
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The Pitfalls of Payment Plans You Must Know
April 23, 2012Many lot owners find it increasingly difficult to pay their body corporate contributions by due date. In some circumstances the body corporate committee can approve reasonable payment plans to assist owners who find themselves in financial hardship. However, there are a number of pitfalls owners must be aware of before entering into a payment plan.
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The #1 Tip to Keep Your Community Functioning
March 19, 2012Just like personal finances, strata communities also depend on a steady cash flow in order to operate. Imagine if your boss continuously paid your salary late. How would you pay for your food, mortgage, electricity, internet or other bills?
Read moreTop 4 Aspects of Projects Achieving Sales in Today’s Tight Market
March 1, 2012Common themes are emerging amongst projects that are going to market for sales and which are actually achieving results in today’s though market. Have you ever wondered what the secret ingredients are? Well, no need to wonder anymore as SSKB … Continue reading →
Read more10 Reasons to join EnviroDevelopment
February 22, 2012SSKB has recently become a proud Professional Member of EnviroDevelopment. EnviroDevelopment is a scientifically-based branding system designed to make it easier for purchasers to recognise and select more environmentally sustainable developments and lifestyles. SSKB joined EnviroDevelopment because they have established … Continue reading →
Read moreThe Change to Off-the-Plan Contracts All Developers Must Know
February 17, 2012According to the Mayan calendar 2012 will be a bad year, as the Mayans claim it will be the end of all days. However, for developers there is some rather positive news for 2012 (as long as the Mayans aren’t … Continue reading →
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