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The Global Electricity Wholesale Market: Current Conditions and Emerging Risks

The Global Electricity Wholesale Market: Current Conditions and Emerging Risks

by hbcmwp | Mar 19, 2026 | Partner Post

Introduction The global electricity wholesale market is entering a period of heightened volatility driven by geopolitical tensions, growing electricity demand, and structural changes in the energy system. Recent conflict in the Middle East has added further...
What Is an Earth Stake – And Why Every Home and Unit Block Needs One

What Is an Earth Stake – And Why Every Home and Unit Block Needs One

by hbcmwp | Mar 19, 2026 | Partner Post

When it comes to electrical safety, one small but essential component often goes unnoticed: the earth stake, also known as an earth electrode. Despite its simple appearance—a metal rod driven into the ground—it plays a critical role in keeping occupants and properties...
Building valuations and underinsurance – who carries the risk?

Building valuations and underinsurance – who carries the risk?

by hbcmwp | Mar 19, 2026 | Partner Post

More so now than ever, strata properties are increasingly becoming at risk of underinsurance. With inflation and increasing costs of repairs because of labour and material shortages, ensuring you have adequate insurance in place is more important than ever. Any...
Small Defects, Big Insurance Risk – You Need to Act Early

Small Defects, Big Insurance Risk – You Need to Act Early

by hbcmwp | Feb 19, 2026 | Partner Post

In today’s strata environment, obtaining and maintaining body corporate insurance is becoming increasingly challenging. Across Australia, insurers are tightening their requirements, premiums are rising, and many schemes are discovering that even small building issues...
Are there measures the body corporate can implement to help manage the cost of insurance?

Are there measures the body corporate can implement to help manage the cost of insurance?

by hbcmwp | Feb 19, 2026 | Partner Post

Regular Maintenance: Strata buildings that do not undertake regular maintenance measures can put their buildings at risk of higher premiums. It is a statutory requirement that all strata titled buildings must maintain and repair common property, hence the importance...
Navigating Responsibilities: What Strata Managers Need To Know About Who Pays For Glass Repairs?

Navigating Responsibilities: What Strata Managers Need To Know About Who Pays For Glass Repairs?

by hbcmwp | Feb 19, 2026 | Partner Post

Few topics create more confusion in strata schemes than responsibility for glass repairs. Is it the lot owner? The owners corporation? Or shared responsibility? For strata managers, navigating these questions clearly and consistently is key to avoiding disputes....
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