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‘STRATA MANAGER’ NOW OFFICIALLY RECOGNISED BY THE ABS AS AN OCCUPATION IN

Following years of advocacy, SCA Australasia was advised early this year that following successful consultation with the Australian Bureau of Statistics (ABS) the occupation title of ‘strata manager’ would be introduced for the first time under their occupation’s classifications regime.

The Occupation Standard Classification for Australia (OSCA) is now available, and the new strata manager classification can be found here.

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CYCLONE POOL TO INTRODUCE STRATA MITIGATION DISCOUNTS

Cyclone pool premium pricing will include strata mitigation discounts from next April following feedback obtained during a consultation.

“Insurers and the public submitted general statements of support for the proposed introduction of strata mitigation discounts,” the Australian Reinsurance Pool Corporation says in a summary.

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NETWORK CHARGES

Network charges are a component of your electricity bill, covering the costs of maintaining and operating the electricity grid. They are separate from wholesale costs and retail margins and are typically less than half of your overall bill. Each year, electricity distributors submit pricing proposals to the Australian Energy Regulator (AER), detailing the network tariffs they plan to charge. These tariffs help recover the costs of delivering electricity to homes and businesses.

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SELF-MANAGEMENT COMPLIANCE EXPLAINED

An adjudicator has ordered the body corporate of a 50-year-old building to carry out significant structural repairs, despite their intentions to avoid those repairs pending the redevelopment of the building under the new scheme termination amendments to the BCCM legislation.

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ENERGY MARKET UPDATE

In this article we provide insights into key electricity market observations of last month’s Base Future pricing and delve into the Economist latest report which marks the beginning of the “Dawn of Solar” which has caught experts of guard by this rapid growth.

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WHEN A WIN’S NOT QUITE A WIN

The adjudication decision of Hatlowe Heights [2024] QBCCMCmr 6 (Hatlowe Heights) gives rise to an interesting conundrum in body corporate decision-making.

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COST OF LIVING REBATE

The Queensland Government is providing a $1000 Cost of Living Rebate to eligible households and a $325 rebate to eligible small businesses in 2024.

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THE DEFAULT MARKET OFFER (DMO) ANNOUNCED WITH REBATES IN SIGHT

Default Market Offer 2024-2025 It’s that time of year again, and we’re gearing up for changes in electricity pricing. The Australian Energy Regulator (AER) has just released its final determination for the 2024–25 Default Market Offer (DMO 6). The DMO caps the price retailers can charge household and small business customers on standard retail plans…

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LAND VALUATIONS ISSUED

It’s that time of year again. On 26th March 2024 the Valuer General issued new values for 20 local municipalities in QLD (see below). You should receive these in the mail or by email depending on your choice of service. Banana Barcoo Bulloo Bundaberg Central Highlands Cook Diamantina Fraser Coast Gold Coast Goondiwindi Isaac Livingstone Longreach…

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COMMITTEE COURSE CHALLENGE PRIZE WINNER ANNOUNCED!

A big thank you to the 117 subscribers who took the time out of your busy schedules to complete the Committee Course Challenge. It was great to see so many participants eager to learn the purpose of a Body Corporate Committee in Queensland, how the Committee is elected and how they function. If you would…

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