by designer@lukehayes.com.au | Apr 29, 2026 | Uncategorised
Why postponing necessary works often increases costs, risk, and owner conflict. INTRODUCTION In many strata schemes, the most common response to major repairs is delay. Committees hesitate. Owners ask for more quotes. Motions are deferred to the next meeting....
by designer@lukehayes.com.au | Apr 9, 2026 | Uncategorised
A complete overview of reserves, levies, finance, and hybrid funding models INTRODUCTION Capital works are an unavoidable part of strata ownership. Every strata scheme, regardless of age or size, will eventually face major expenditure to repair, replace, or upgrade...
by designer@lukehayes.com.au | Apr 9, 2026 | Uncategorised
A practical comparison to help committees weigh timing, fairness, and financial impact. INTRODUCTION When a strata scheme is faced with major works, one question almost always dominates the discussion: should we raise a special levy, or should we consider a strata...
by designer@lukehayes.com.au | Apr 9, 2026 | Uncategorised
A plain-English overview of how strata loans work, who they’re for, and when they’re used. INTRODUCTION Across Australia, strata schemes are facing a perfect storm. Buildings are ageing, construction costs have surged, insurance premiums continue to rise, and...
by Web Developer - Luke Hayes | Feb 26, 2026 | Uncategorised
This article discusses how a body corporate can fund lift replacement costs by allowing some owners to pay upfront while others pay over time through loan levy contributions. Question: Can some owners pay their share of lift replacement costs upfront, while others pay...