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2025 Construction Cost Increases: The Importance of Updating Your Sinking Fund Forecast

2025 Construction Cost Increases: The Importance of Updating Your Sinking Fund Forecast

by hlsswp | Feb 28, 2025 | Partner Post

A Sinking Fund Forecast is a vital tool for ensuring the financial health and sustainability of your Body Corporate’s ongoing maintenance and replacement plan. An important process of a healthy Sinking Fund Forecast involves reviewing and recalibrating the financial...
Upcoming changes to ARPC to support QLD Strata Property Owners

Upcoming changes to ARPC to support QLD Strata Property Owners

by hlsswp | Feb 28, 2025 | Partner Post

The Australian Reinsurance Pool Corporation (ARPC) is a government-backed reinsurer covering cyclone and cyclone-related flood damage. CHU, Australia’s leading specialist in strata insurance, joined the ARPC Cyclone Reinsurance Pool in July 2023 for customers who have...
Concrete Spalling and the Body Corporate’s Duty of Care

Concrete Spalling and the Body Corporate’s Duty of Care

by hlsswp | Feb 28, 2025 | Strata Solve

Most committees understand the body corporate has legislative obligations regarding repairs and maintenance of common property, and that the body corporate is under a “duty of care” to keep a building in a structurally sound condition. What is often surprising for...
Can I Turn My Carport/Garage Into a Separate Dwelling to Rent it Out?

Can I Turn My Carport/Garage Into a Separate Dwelling to Rent it Out?

by hlsswp | Jan 30, 2025 | Strata Solve

As the cost of living continues to rise, we are seeing owners turn to other options to get the best value out of their homes – including converting a garage, shed or carport into a habitable space with a view to rent that new space out. The law is pretty clear on...
Who Has to Trim the Massive Tree in my Courtyard? The Tree is Protected by Council – Surely the Body Corporate Has to Help Me?

Who Has to Trim the Massive Tree in my Courtyard? The Tree is Protected by Council – Surely the Body Corporate Has to Help Me?

by hlsswp | Jan 30, 2025 | Adjudicators Orders

Generally speaking, most new developments within the local council areas will include a vegetation plan noting plants and mature trees which are to be maintained at the scheme. Depending on the location of those trees, the regular maintenance may fall to the body...
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