Plusses and perils of strata in 2025
Description
Looking forward to 2025 involves a certain amount of looking back. So we wonder this week what will happen, if anything, as a result of the long-delayed outcomes of investigations into Netstrata in particular or strata management in general.
And we look at the proposed new strata laws for NSW. Jimmy speculated that the least likely to make it all the way is the plan to bring strata contracts under Australian Consumer law.
Why? Because the parties with the most to lose – Strata Community Australia and the NSW Attorney General’s office – are pretty powerful voices.
And we look at our poll on what Flat Chat readers like most about the proposed changes.
There’s a clear split between laws that affect existing owners and buyers but there’s one proposal that will affect everyone in strata that stands out from the crowd.
That’s all in this week’s and 2024’s final Flat Chat Wrap
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Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai.
Find out more about Sue Williams and Jimmy Thomson on their websites.