Podcast: Defective thinking on three fronts
There’s a lot going on in the strata sphere this week, starting with the Sydney Morning Herald’s big expose on building defects. It’s well worth reading but it’s funny how every time…
ACIL
Strata managers accused of $240m insurance rort
Almost 150 allegations of improper insurance commissions paid to strata managers, worth more than $240 million, have been reported to both the Australian Securities and Investments Commission (ASIC) and the…
Call to ban strata insurance commissions
Strata managers are incapable of effectively self-regulating insurance commissions in strata schemes and the payments should be completely banned, says a consumer lobby group. The Australian Consumers Insurance Lobby Inc (ACIL) says failed…