The Queensland unit industry is administered under the Body Corporate and Community Management Act 1997 (BCCMA) - a Queensland state government document, the responsibility of the Attorney General of Queensland. The Liberal National Party (LNP) and Labor Governments have ignored the RORTS being perpetrated on Queensland unit owners, but the clock is ticking for both parties. Both parties embrace high density living as a means of accommodating Queensland's population growth and curtailing urban sprawl and the associated infrastructure costs.
Colin Archer in Strata Update # 9 stated:
"The trend towards community living is skyrocketing in south-east Queensland's high density areas. New developments are on the rise in the region's city and coastal areas and we're getting more of an idea what the future of strata will look like."
This trend is confirmed by the statistics obtained from the Lands Registry Office, Department of Natural Resources and Mines.
As at the end of September 2015, there were 44,734 body corporate schemes (approx. increase of 4.2% since March 2014) and, 422,852 individual lots (approx. increase of 5.2% since March 2014)
The Unit Owners Association Queensland Inc. (UOAQ) estimates that 1.0 million Queenslanders are now involved in unit ownership, that is 25% of the Queensland population.
There is no doubt that this rate of increase in body corporate schemes, will accelerate into the foreseeable future as Queensland struggles to keep pace with the demand for unit living and influx of people wanting to live in the sunshine state.
Unfortunately, the BCCMA - based on 20th century thinking - is not keeping pace with the demands of existing and new unit owners. Many new unit purchasers are highly educated younger people wishing to live close to work in the central business district - not retirees looking for a final nest. The objectives of the BCCMA are excellent, but the expression of those objectives in legislation is stuck in the last century. The legislation has been overtaken by vested interest groups seeking to inflate their own income at the expense of unit owners. Thus a series of RORTS has been incorporated in the BCCM legislation that will - if not corrected - impede Queensland unit growth and the government's objective for high density living.
Tinkering at the edges of the legislation - as introduced by the last LNP Attorney General - will not fix the BCCMA. Pets in units, parking problems and smoking on verandas are all annoying features of unit living, but fade into insignificance when the RORTS of the industry are exposed. Read more here.