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Melcorp Strata News

Read through our latest updates on relevant legislation, industry and our company.

Latest Updates

Melcorp Strata brings to you our latest updates and news on all things Strata. Read about new legislation changes, company events and announcements, as well as insightful industry news to provide you an in-depth look at the property market as a whole.

Short Term Letting Following The Watergate Decision - Podcast

In July 2016, the Victorian Supreme Court found that owners corporations could not make rules to ban owners from short term leasing within their buildings. This means that owners will not be able to stop other owners from renting their properties on sites like Airbnb.

Changes Affecting Strata Levies From 1 July 2017

Changes to the Terrorism Insurance Act 2003 (Cth) (the Act) become effective from 1 July 2017, and some mixed-use commercial and residential strata buildings will see new terrorism levies of up to 16%, plus statutory charges, on affected policies.

Airbnb and subletting – what you should know

Airbnb has transformed the way people seek accommodation, and the phenomenon for staying in other people’s homes shows no signs of slowing down.

High-Risk Cladding to be Addressed by Victorian State Government

In recent weeks the Victorian State Government has created and implemented a program that will address potential risk pertaining to cladding matters within an Owners Corporation.