According to the report, strata insurance premiums have remained relatively stable, with a 2.8% increase in the year to June 2025, compared to a 3.4% rise in household incomes. This stability suggests that strata insurance remains affordable for apartment owners, even as the industry navigates a changing risk and regulatory environment.
The report also highlights the impact of significant weather events in 2025, such as cyclones and widespread flooding, which have reinforced the importance of climate risk management in strata insurance. Additionally, regulatory reviews in several states are introducing new requirements for transparency, consumer protection, and professional standards within the strata sector.
Property owners and strata managers are encouraged to stay informed about these developments and to implement proactive measures to enhance the resilience and compliance of their properties.
Published: Tuesday 30th December, 2025
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
