NSW Strata Hub explained
This new initiative by the NSW Government was designed to increase transparency and accountability. Here’s how it will work.
Strata Hub is a recent NSW Government initiative involving mandatory online reporting for all strata schemes in NSW.
It intends to promote improved transparency, accountability and increased engagement for all strata communities in NSW. Strata Hub is designed to provide better visibility of whether a strata scheme is complying with relevant legal requirements and how each scheme is being managed.
Under the Strata Schemes Management Amendment (Information) Regulation 2021, strata schemes must report certain information each year via the Strata Hub online platform.
Strata schemes are encouraged to submit their first report by 31 December 2022.
Originally published on 30 November 2022