Owners fear insurance bills more than cladding fires
By Sue Williams Apartment owners whose buildings are covered with inflammable cladding are living in as much fear of insurance hikes as they are of fires, says a leading strata…
Strata owners fear insurance bills as much as cladding fires
By Sue Williams Apartment owners whose buildings are covered with inflammable cladding are living in as much fear of insurance hikes as they are of fires, says a leading strata…
Re: Do we need Workers Comp Insurance?
A lot of very bad advice here. It is true that an OC is not automatically considered an employer as a consequence of ‘being in business’. It is also true…
Re: Do we need Workers Comp Insurance?
To add, although all the compulsory strata insurance quotes for my OC has not included WCI, they have included Personal Accident/Voluntary Workers cover. Strataman has an opinion on WCI for…
Re: Do we need Workers Comp Insurance?
@sydprop said: Trying to work this out. I would have thought that (NSW) that workers compensation insurance covers the liability under the workplace injury and workers compensation act. What is…
Re: Do we need Workers Comp Insurance?
@Austman said: A residential strata still needs to meet a duty of care. But that applies to all in the complex including residents and visitors. That’s not WHS. Trying to…
Re: Do we need Workers Comp Insurance?
I agree with scotlandx. There’s a fair bit of confusion and fear around this topic. And it’s simply easier for most Strata Managers to claim that WHS cover is always…
Re: Do we need Workers Comp Insurance?
You don’t need it unless you employ someone or the scheme is mixed residential and commercial. Refer here: https://www.safework.nsw.gov.au/law-and-policy/employer-and-business-obligations/strata-title-body-corporate Don’t waste your money.
Re: Do we need Workers Comp Insurance?
Thank you everyone. Other owners I’ve checked with this morning say they do not know whether our cleaners and gardeners are contractors or employees or whether written agreements have been…
Re: Do we need Workers Comp Insurance?
WC Insurance is strongly recommended. Coverage for an organisation that does not employ anyone is nominal – less than $100 pa from memory. The problem is that you can employ people…
Re: Do we need Workers Comp Insurance?
I am pretty sure that you don’t need WC insurance as long as you don’t exceed payments to a workers over a certain amount in a year. One of the…
Re: Do we need Workers Comp Insurance?
Does the OC employ anyone? If they don’t, then WCI is not needed. Note that employment is employment, where the person is an employee, paid a salary/wages, superannuation.