The report also highlights the impact of economic pressures, regulatory reforms, and weather events on the strata industry. It investigates strata affordability, the frequency of weather events, strata regulator reforms, emerging risks, and sustainability. Kimberley Jonsson, CEO of CHU, emphasised that as density increases, so do expectations, presenting an opportunity for the strata sector to set a new standard for urban living across Australia.
Strata owners and managers are encouraged to review the full report to gain insights into the key trends impacting the industry and how they can strengthen their communities now and into the future.
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
