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Owners can opt to receive their levy and other notices/minutes via email and this has a significant cost saving, particularly for larger strata schemes. The strata management company where I live has provided each owner with a personal login to a website where they can access their own levy ledger details and other documents like AGM Minutes and a current and up to date financial report that includes a balance sheet, income & expenditure details for interested owners. This has been particularly useful. What I am suggesting is that more information be made available on the internet by strata companies for owners using a secure log in website. Most large strata companies do this now but the amount of information uploaded to the websites is limited and is variable and detailed financials are generally only provided to the Executive Committee. Financial transparency and the easy access to useful strata information would also be a welcome benefit and comfort to all owners.
