The strata management industry has been rocked by similar allegations to those investigated by the Hayne Commission with respect to the banking, superannuation and financial services industry.
Since the Hayne Commission reforms, consumer confidence in the financial services industry has greatly improved.
The Hayne Commission reforms, which include increased regulator enforcement and breach reporting, are a meritorious option moving forward for reform of strata management.

Our Matthew Lo recently wrote an article in the NSW Law Society Journal on these reforms.

To read the full article, click here.

Click here for a pdf version.

This is general information and should not be considered to be legal advice. You should obtain legal advice specific to your individual situation.

Author: Matthew Lo