And, now NSW Fair Trading is Speaking about Strata Levy Hardship

Things must be getting tougher in the strata sector as more and more groups are focusing on strata levy hardship.

This time it’s NSW Fair Trading that’s doing the following.

• Setting up a webpage Supporting Strata Owners in Financial Hardship doing the same.

• Encouraging strata buildings, strata committees and strata managers to ‘support strata

• Publishing the YouTube video Understanding Your Options with Strata Levies covering things that strata owners should do when they can’t pay their strata levies.

We’ve previously highlighted how others are also doing the same in the following Daily Posts.

Marrickville Legal Centre offers FREE Strata Legal Advice

Financial Rights Legal Centre Helps with Strata Levy Hardship

Financial Counselling Australia Is Also Interested in Strata Levy Problems

So, is this a sign of the challenging financial times strata buildings will be facing in 2025?