Key advocacy priorities shaping the future of strata communities

NAT
Rules & Bylaws
Property Transactions
This article discusses key issues shaping the future of strata living, encouraging owners and councils to focus on practical advocacy priorities that protect and strengthen their long-term investment.
question
Lookupstrata community member

With so much change in strata, what are the next big advocacy priorities for owners and councils?

There is a lot of change happening in strata at the moment, from new technology and AI tools to reforms around insurance, building standards and compliance. It can feel overwhelming to keep up with everything.

What are the big advocacy battles on the horizon for strata communities? Where should owners and councils focus their energy next to have the most impact, whether that is on legislation, insurance, building safety, fairer governance, or something else?

 

answer
Chris Irons
Chris Irons Owners Corporation Network

Think about what you need to reasonably do to ensure your investment is protected and enhanced.

I always take the view that strata is about business-like relationships and business-like transactions. You've spent maybe upwards of a million dollars, perhaps a lot more in some cases, to be part of this strata scheme. Keep that in mind.

Ask yourself, "What is it that I need to reasonably do as an owner to ensure my investment is protected and, in an ideal world, is enhanced over a period of time?”

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