NABERS Extends Six Star Rating to Apartment Buildings
The six star "NABERS for Apartment Buildings" rating system was officially launched in June 2018. Assessments must be conducted by an accredited NABERS assessor and are expected to cost $1,160 each time + assessor fees. Some strata schemes are being offered a 50% discount by local councils to participate. However, not all strata schemes are advised to participate if they are not sure about the outcome.
The first comprehensive national report of the strata and community title sector reveals there are about 2.6 million strata title lots in Australia with an insured value of $995 billion.
Over 400 strata industry members converged in Hobart for the annual industry conference “Leading the Way”. It featured international learnings, divergent strata CEO musings and a unique fascination with, wait for it….crap!
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Contact Editor: Ross McIntyre