How apartment owners are being ripped off

ABC News Daily

Contenido proporcionado por Australian Broadcasting Corporation. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Australian Broadcasting Corporation o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

2M ago 14:34

MP3•Episodio en casa

Millions of Australians live in apartments and the number is set to grow as housing density increases in our biggest cities.

Being part of a strata scheme is part and parcel of owning an apartment, but many owners are not taking an active interest in how the blocks are being managed.

A Four Corners investigation has revealed a rot at the heart of the strata management industry that’s draining the funds of owners.

Today, investigative reporter Linton Besser shares stories of greed in many of Australia’s strata firms and explains why it’s worth owners’ time and effort to scrutinise how their money is being spent.

He highlights the systemic issues within strata management, including phantom fees and mismanagement of funds.

The investigation uncovers shocking stories of financial exploitation and neglect, raising the need for stricter regulations and oversight.

Featured:

Linton Besser, Four Corners reporter

Key Topics:

Strata management
Apartment living
Housing density
Financial exploitation
Strata committees
Phantom fees
Owners corporation
Strata regulations

252 episodios

#Daily News #News #Australia #ABC Radio