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Search results for “MANAGEMENT RIGHTS - The Old The New” (Page 13)

You are browsing the search results for “MANAGEMENT RIGHTS – The Old The New”

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: TheOnsiteManager on

There’s a lot of development going on right now, particularly in Brisbane. The sheer size and number of new apartment buildings that are coming online is placing some strain on existing managers trying to find tenants to fill vacancies. According to senior economist Dr Andrew Wilson from Domain, increased stock will have a short-term impact on rent in Brisbane while the additional stock is being filled. “Even though we might see some over-supply impact the market, Brisbane will generate an inner-city lifestyle,” Dr Wilson said. “It might happen (over-supply) in the short to medium-term, but the outlook for that type of development in Brisbane isRead More →

In: Body Corporate, General Interest

Contributed By: SSKB Strata Managers on

There is an entrenched belief in the industry that property market trends in Sydney and Melbourne tend to precede activity in the Queensland markets. The market in Brisbane and the Gold Coast has historically seen an upturn in property sales volumes as the southern markets ‘overheat’ and property values increase to the point where they are no longer seen as sustainable or affordable. Property investors then turn to markets where they perceive greater prospect of capital growth and return is available. However at the moment we are seeing strength in the apartment markets of Sydney, NSW; Melbourne, Victoria and southern QLD in both Brisbane andRead More →

In: Body Corporate, Legal

Contributed By: Hynes Legal on

Everyone (probably) knows that there are a maximum of seven voting committee positions for a committee formed under the Body Corporate and Community Management Act 1997 (BCCM Act).  These are the chairperson, the secretary, the treasurer and then four ‘ordinary’ committee positions. The question that sometimes arises is what each of these people are responsible for. It is quite interesting (and perhaps that’s just the lawyer in us) in terms of what most committees fall back to as a default position as against what the BCCM Act actually prescribes. Those default positions are not necessarily the legislative requirements. The first distinction to draw is between executive committeeRead More →

In: Body Corporate, Legal

Contributed By: Hynes Legal on

We get an enormous range of questions on how bodies corporate go about their daily business. One of the most broadly asked questions is how a body corporate makes a decision. A body corporate is a creature of statute. The Body Corporate and Community Management Act 1997 (BCCM Act) sets out the rules about how it must operate. A single person (chairperson or otherwise) can never make a decision on a body corporate matter (leaving aside delegated authority which is far too complex to discuss here and really only applies to BUGTA regulated schemes). This will be a bit of a back to basics newsletter for strata managers (who probably knowRead More →

In: General Interest, The Management Rights Market

Contributed By: Resort Brokers on

By Shane Wynhoven Australia’s east coast has traditionally been a hotspot for tourism.  But when the Australian dollar hits record highs, it weakens both our domestic and international tourism markets.  Thankfully, the Aussie dollar is coming down. In global terms, Australia is considered to be a premium travel package.  It is a long way to travel for most, at considerable expense.  And when tourists arrive, they are met with even higher travel costs. So, when the Aussie dollar peaks, heading ‘down under’ becomes a less attractive holiday option for the international traveller.  With our South East Asian neighbours offering far better value for money, weRead More →

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