Struck off and probed in the naughty corner

FLAT CHAT WRAP

Oh, dear. Not another swipe at strata managers, please! Yes, OK, it’s a well-trodden path but, to be fair, the baddies have made themselves easy targets for the past few months.

As for the goodies, we’d say, as we often do, that they are in the majority. And how frustrating must it be to try to earn an honest buck and provide a good service to your customers, knowing that your rivals are getting ahead by playing fast and loose with the rules and regulations?

And it’s with that in mind that we venture into the strata naughty corner this week, to discuss two pieces of information, both of which we hope will encourage the many honest and decent strata managers to keep doing what they’re doing.

One topic is news that a well-known strata manager, who had been sacked several times but then promoted by NCAT into an all-powerful compulsory role, has now been struck off.

Yes, you read it right. On a total of six occasions, his contract was not renewed or he was even replaced with a statutory manager, but then appointed to exactly that role, taking over from the strata committee and owners corp in another strata scheme.

And we have unearthed the amazing, deep-dive parameters of the $300k investigation into Netstrata which looks like it’s going to leave no stone unturned.

Now, to be scrupulously fair, the independent inquiry could discover the whole problem was little more than a misunderstanding about who was paying how much to whom for what (“what” being insurance premiums and fees to contractors).

It’s as deep a dive into a company’s structure, business practises and culture as you will ever see, so we hope you’ll forgive us for spending a little longer in the naughty corner than usual.

That‘s all in this week’s Flat Chat Wrap.

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Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai.
Find out more about Sue Williams and Jimmy Thomson on their websites.