The recent passing of the Owners Corporations and Other Acts Amendment Bill, which will now be known as the Owners Corporations and Other Acts Amendment Act 2021, is due to take effect from 1st December 2021. One key amendment is the new minimum requirement for Public Liability Insurance. Under Part 2 – Amendment of Owners Corporation Act 2006, 30 Public liability […]

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Terrorism insurance scheme amendments

Have you heard about the recent changes to Australia’s Terrorism Insurance Scheme? Recommended changes to the scheme that were submitted by the 2015 Triennial Review by Treasury have now been approved and are effective from 1 July 2017. The changes will: broaden the definition of eligible property to include buildings with a floor space of at least 20% used for […]

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