Samantha Reece

In a recent decision, an Owners Corporation (OC) made the strategic choice to remove their insurance placement from their strata manager due to a significant increase in premiums. This move was not only about cost-saving but also about transparency and trust in their insurance dealings. The Challenge of Rising Premiums The OC had been experiencing escalating insurance costs year after year, leading to concerns among its members. The substantial increase in premiums prompted the committee to...

A NSW strata management company currently facing prosecution by Fair Trading has once again demonstrated its disregard for the rights of Owners Corporations (OCs). Featured on the 7.30 Report in 2024, Netstrata was accused of charging insurance commissions as high as 147%. Although the company claims to have changed its practices, a recent Annual General Meeting (AGM) suggests otherwise. With the developer owning 48 units in the apartment complex and holding the majority of voting power,...

The Australian Apartment Advocacy hosted its National Awards last Friday with 19 companies from NSW, QLD and Victoria recognised across 14 categories for their excellence. Held at Crown Towers with spectacular views across Melbourne and complete with emcee Rob Shehadie of SBS Fat Pizza the 80 guests joined in with YMCA and a Michael Jackson dance off, in true keeping with AAA having the most fun awards night. Sam Reece, CEO of AAA paid special tribute to Opal Towers Committee, Victoria St...