Asbestos in a Strata Property – Your Duty of Care

For many years Asbestos was a popular construction material because it was cheap, abundant as well as resistant to heat and corrosion. However, the use of asbestos was banned in 2003 as the serious health risks from the inhalation of asbestos fibres is now widely understood. WHS Legislation The Workplace Health and Safety Regulation 2011…

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Safety Requirements and Responsibilities for Strata Landlords

When you’re a landlord, there are numerous safety obligations you should be aware of in regard to your rental property ranging from smoke alarms and door locks to gas and electrical safety. To help you meeT these obligations we’ve put together a list of your general safety responsibilities as a lot owner renting your strata…

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Warning! Use of High-Pressure Water Spray Equipment on Asbestos Roofs

The QLD Government has issued a warning on the use of high-pressure water spray equipment on asbestos roofs after two separate incidents in August. “In August 2021, as part of cleaning, sealing & painting at a house residence, a home maintenance business used high pressure water spray equipment on an asbestos cement roof. Asbestos contaminated…

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Body Corporate Committees – Your Fire Safety Maintenance Obligations?

The Building Code of Australia sets out the definitions of the different classes of buildings. Bodies corporate must ensure the following compliance requirements are met as per the Building Fire Safety Regulation 2008 and Queensland Development Code, MP6.1. All fire safety installations must be tested and maintained In Queensland, a fire safety installation is the…

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The Importance of an Accurate Insurance Valuation

  When it comes to insuring your strata titled property, or any property for that matter, coming up with the correct figure can seem daunting. Many people think that the construction cost is the best figure to use when insuring a property.  However, the construction cost will not provide an appropriate value as it does not include all…

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Making Your Investment Work Harder for You – Understanding Tax Depreciation Schedules

The vast majority of strata investment property owners do not take advantage of tax depreciation schedules to reduce their taxable income. A depreciation schedule is a report that outlines all available tax depreciation deductions for a residential investment property or commercial building. Most properties, new and old, have depreciation available. Land doesn’t wear out, but…

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New Smoke Alarm Laws: 2022 Deadline Approaches

New Smoke Alarm Laws: 2022 Deadline Approaches

New Smoke Alarm laws for QLD came into effect on 1 January 2017. The legislation specifies that all homes in Queensland must be fitted with photoelectric, interconnected smoke alarms in all bedrooms and hallways. Photoelectric smoke alarms are more advanced at detecting smoke from smouldering fires, compared to ionisation smoke alarms as the alarms have…

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