Data shows that there has been an increase of bankruptcies and legal action due to missed body corporate / strata fees. You can read more about this issue here: ‘Lost its human touch’: Australians ending up in court over missed strata fees in cost-of-living crisis. Statistics are demonstrating a significant increase in these issues in Victoria – a near doubling in this financial year compared to the same period last year.
To collect data and information about this issue, FCVic is seeking your input. Please report any cases you are seeing relating to body corporate / strata through this form. Please note that any form submissions may be shared with other advocacy bodies including Financial Counselling Australia.