Independent Unit Management Pty Ltd

05/06/2026

24/03/2026

🏢 Strata Law Reforms (NSW) – Effective 1 April 2026
Are you ready for the changes coming into effect 1st April 2026?!
Key Changes
1. New Information Certificates (Section 184 / 174)
Information certificates must now include additional disclosures such as:
• Utilities via embedded networks
(E.g. electricity, gas or water supplied through exclusive supply arrangements)
• Meeting history and schedule
(Meetings held in the past 12 months & upcoming meetings)
2. Initial Maintenance Schedule (IMS) – Developer Obligations
Developers (original owners) must now use new standard IMS forms before the first AGM. The IMS gives owners corporations of new strata schemes clear information about the obligations and costs involved in maintaining the common property. This change is designed to improve the accountability at the stage of development and provide greater confidence in budgeting.
3. 10-Year Capital Works Fund Plans
The new requirement, is that all owners corporations must use a standardised form provided by NSW Fair Trading when they:
• Create a new plan
• Replace an expired plan
• Update an existing plan

We understand that some of these implementations are complicated, which is why we are happy to provide guidance and assist you with navigating the ever-turbulent and improving strata landscape.

Should you have any questions, please don’t hesitate in contacting one of our strata professionals by emailing
[email protected]
(02) 9882 7800

Otherwise please see the below link from NSW Fair Trading for your reference

Understand how important changes to strata in 2025 and in 2026 will affect owners and strata committees.

10/02/2026

Please refer to the NSW Government website that expresses the changes in strata for your review and reference.
https://www.nsw.gov.au/housing-and-construction/strata/guide-to-strata-law-changes-for-strata-committees-and-owners #:~:text=From%201%20April%202026%2C%20developers,estimates%20will%20need%20independent%20review.

Understand how important changes to strata in 2025 and in 2026 will affect owners and strata committees.

15/12/2025

Dear Owners,


Independent Unit Management, and I would like to thank you for your continued support throughout the year. We wish you and your families all the best for Christmas and hope you all have a Happy New Year.

In the event of an emergency, please use the directory service on our website ium.com.au, then go to the Services Tab and select Emergency. Or alternatively, send an email to [email protected]

Our office will reopen Monday 12th January 2026.

17/10/2025

Are you ready for the changes coming into effect 27th October 2025?!
🔑Key Changes

Financial Hardship Support

* Every strata levy notice must include a mandatory Financial Hardship Information Statement.

* Translations of the Financial Hardship Statements available in 10 languages and NSW Fair Trading website.

* Fairer Debt & Payment Plans

* Owners can request payment plans using a standard form.

* Strata committees must consider such requests and reply within 28 days.

* No fees can be charged for these requests.

* Debt recovery cannot proceed while a valid payment plan is in place and being followed.

* Payments must be applied in order: oldest levy → interest → recovery costs.

Building Manager Duties

* Must act in the best interest of the owners corporation.

* Must report repair/safety issues and disclose any financial interests.


Common Property Maintenance
* Owners corporations must meet repair obligations, especially where health or safety is at risk.
*
We understand that some of these implementations are complicated, which is why we are happy to provide guidance and assist you with navigating the ever-turbulent and improving strata landscape.

Should you have any questions, please don’t hesitate in contacting one of our strata professionals by emailing
[email protected]

12/08/2025

Did you know?

Levy notices must now contain the payment plan form and fair trading advice.

The legislative requirement falls under section 85 of the SSMA 2015.

We understand there are times when owners fall into hardship and owners corporations now have a compulsory duty to allow payment plans to take place at schemes, but also have a duty to consider whether the payment plan is reasonable as part of their duties.

There is presently frameworked consideration into strata committee training to better educate these voluntary members of the Owners Corporation to ensure decision-making is performed taking compliance and fairness into account.

12/06/2025

Are you ready for the changes coming into effect 1st July 2025?!

IUM have been liaising with industry professionals to ensure the most accurate interpretation of these legislative changes.
As well as implementing processes and procedures to ensure your scheme's compliance and best practice direct advice
is presented for your Strata Committees consideration.
Such changes include:
- Encouraging sustainability in strata schemes
- Supporting owners with assistance animals
- Making it easier to install accessibility infrastructure
- Making it easier to obtain approval for minor renovations
- Other changes, such as increasing record inspection fees

We understand that some of these implementations are complicated, which is why we are happy to provide
guidance and assist you with navigating the ever-turbulent and improving strata landscape.

Should you have any questions, please don’t hesitate in contacting one of our strata professionals by emailing
[email protected]