The Cost of Ignoring Safety
January 12, 2021When you are on a Body Corporate Committee, you may not realise it, but you are running a business! You are managing levy funds, hiring contractors, directing workers, managing safety and more! All business owners have legal obligations under The Work Health and Safety Act
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Tips On Cleaning During The Christmas Period
December 14, 2020COVID-19 has caused many new cleaning regulations to be implemented into commercial spaces throughout Australia. It can be difficult to conduct a deep clean of your office on a day to day basis with employees constantly in and out of the office. However, the Christmas
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Meet the Team at Star BMS
November 13, 2020It takes dedication, experience and a genuine passion for the industry to offer second-to-none service. As leaders in the building management services sector, the team at Star BMS is committed to delivering a comprehensive and diverse range of professional services. Mark Stewart FACILITY MANAGER Mark
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How to Storm Proof Your Strata Scheme
November 11, 2020Queensland is known for its rapid changes in weather. In summer we may have a scorching hot day at the beach and get home in the evening to be hit with a destructive storm! To minimise the damage that may occur in your home, Star
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Sinking Funds and Your Body Corporate
October 1, 2020One of the benefits of living in a Body Corporate is that everyone contributes to the future upkeep of the property. So, what is a sinking fund? A Body Corporates Sinking Fund is effectively a deposit which exists to allow a Body Corporate to pay
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Why do you need a sinking fund?
June 3, 2019One of the benefits of living in a Body Corporate is the fact that everyone contributes to the future upkeep of the property. This is done through a regular drip of savings. In Queensland, it is called a Sinking Fund; In New South Wales, it
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Why You Need A Sinking Fund Forecast – Qld
November 13, 2018One of the benefits of living in a Body Corporate is the fact that everyone contributes their fair share to the future upkeep of the property. This is done through a regular drip of savings. In Queensland, it is called a Sinking Fund; In New
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Budgeting for Repairs and Maintenance
June 14, 2016Buildings in strata schemes are no different to cars. A building’s value will constantly depreciate and will require money to be spent overhauling them at some stage. To combat this constant depreciation, the building, just like your car, also requires ongoing maintenance and repairs to
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Sinking Funds Explained
May 9, 2016What is a sinking fund? A body corporate’s sinking fund is effectively a deposit which exists to allow a body corporate to pay for repairs and maintenance of a building. The money in a sinking fund can be spent on several different things. Firstly, it
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Communicating With Committees
April 26, 2016One of the most critical elements of being a Resident Unit Manager is effective communication with committees. We covered this topic briefly in our article ‘Budgeting for Improvements’, but here we take a more in-depth look on how to effectively communicate with your committee. Committee
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