Prohibiting Strata Commissions: The report is in
NSW Productivity Commission’s Report is in. The key recommendation is to phase out the acceptance of strata insurance commissions, this blog breaks down the reasons given.
NSW Productivity Commission’s Report is in. The key recommendation is to phase out the acceptance of strata insurance commissions, this blog breaks down the reasons given.
This is part 1 of a series of bite sized blogs on the changes to our NSW strata and community title legislation in 2025. In this post I discuss changes to commissions and disclosure obligations effective as at 3 February 2025.
My thoughts on the ABC investigation into insurances, commissions and kickbacks within our strata and community title schemes in the context of strata & community title legislation and fiduciary obligations (in particular the duty to disclose).