NSW strata changes welcomed by Owners Corporation Network

The Owners Corporation Network of Australia (OCN) have welcomed changes to strata legislation announced by Fair Trading Minister, Anthony Roberts.

Stephen Goddard, chairman of OCN, said that the changes are crucial to encourage higher density living.

“Improving the livability for owners and residents in apartments and town houses is quintessential if government is encouraging growth in medium to high density living,” said Goddard.

“Strata legislation conceived 50 years ago no longer adequately cater for today’s needs, which range from simple two lot duplexes to complex high rise apartment complexes with a combination of apartments, offices and shops," he said.

“There is a huge need to encourage residents to engage more in the maintenance and running of their buildings, and to have greater transparency from strata managing agents, executive committees, and to empower owners corporations to deal with rogue car parking, and cigarette smoke and noise break through into neighbouring apartments," said Goddard.