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[Jimmy-T]

If you thought the dust had settled on the Netstrata schemozzle, think again. The strata management giant is currently reaching the end of what can on[See the full post at: Netstrata ‘forensic’ report only weeks away]

The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.

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[BMCRep]

Hi Jimmy-T

Has the Netstrata ‘forensic’ report become “only a year or so” away?

All seems quiet on the report front.

I was hoping there may have been something happening to dovetail into the new reporting requirements.

Any morsal of news would be gratefully received.

[Jimmy-T]

From what I hear, Fair Trading is hoping we will all become so enamoured by their new “transparency” regulations, due to come in on February 3 that they are hoping we will all forget about the Netstrata scandal and their enablers at SCA and they can all go back to doing business as they were before … only with more efficient smoke and mirrors this time around.

The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.

[BMCRep]

Clearly I spoke too soon or Jimmy has a “red phone”.

A number of Owner’s Corps are holding off taking action to leave Netstrata, pending this report.

I think we could see another Google search spike on the term “How do I terminate my Strata Manager”

http://www.abc.net.au/news/2025-01-23/strata-firm-netstrata-draft-report-findings-excessive-fees/104846652?

Eagerly awaiting the report being finalised and made public.

[Author]

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