Reply To: Loan or levies? A tough choice when finances are forced

You’ve confused me with your references to “ABC” but the simple problem is that the law requires payments to be levied according to unit entitlements, with only a very few specific exceptions. And while individuals may want to pay their share without accruing interest, the loans are made to the owners corporation (body corporate) as a body, to allow what are basically unsecured loans.
As the article recognises, there are complicated workarounds employed by some schemes but they add a level of uncertainty for both the lenders and the strata scheme, potentially impacting on, for instance, the documentation required during sales.
The state governments need to legislate for the creation of loan funds that can be financed by both cash inputs and levies, allowing for “levies plus” payments by individual owners, based on their unit entitlements and whether or not they had paid some or all of their required contribution.