ABS Construction Cost Index
The ABS Construction Cost Index is proving useful to our members who wish to test the annual uplifts offered by strata insurers for the intervening years between the compulsory valuations. The bad news is the growing gap between the insurers’ inflated recommendations...
Insurance annual uplift – one owner’s victory
The ABS recently published the Index for the quarter ended December 2018. Contrary to the annual uplifts of 5% being offered by most strata insurers, we are witnessing a sustained flat-lining in construction costs, similar to what we saw in the four years after the 2009 GFC. The Index is proving useful to our members
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That sinking feeling….and why funds run dry
It’s something of a cliché – the ageing apartment block crumbling slowly before your eyes while the oldies on the committee zealously guard the plump sinking fund (as it used to be known) wrongly thinking it’s a nest-egg for their kids or grandkids. Like many...
Do Not Mess With the IRS
considerable ATO resources will be devoted over the next four years to recovery of incorrect rental property deductions
Make your BCM compete …. it makes them competitive
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