27 Apr Federal Government Stimulus Packages – Are they available for Bodies Corporate?
Federal Government Stimulus Packages – Are they available for Bodies Corporate?
In conjunction with the SCA, Kelly + Partners have put together a guide for Strata Managers around Strata Communities and the Federal Government Stimulus Packages.
Kelly + Partners and the SCA have noted that, in light of the current COVID-19 economic situation, there have been increased concerns raised over the likelihood of a solvency crisis for many Strata Communities and while most of the stimulus packages are not targeted to assist Strata Communities – there are some measures that can be utilised.
We attach this guide for your information and we would recommend that you get in touch with your Strata Manager if you have any queries in regards to this guide and the stimulus packages.
Thank you to Kelly + Partners and the SCA for coming together to provide this information for Strata Communities in these difficult times.
Simon Barnard is the Managing Director and Principal of Hartley’s Body Corporate Management which is a medium-sized strata firm established in 2004 at Sherwood and now operating out of Graceville, Newstead, North Lakes and Bribie Island. As the immediate past President Simon recently completed his 10th year on the Board of Strata Community Association (QLD) 7 of these as president and was recently recognised for his service to the industry with a fellowship of the organisation, Life Membership and the 2020 Presidents Award.
Simon also is a past board member on the SCA National Board and is engaged at an International level through many consultative groups and associations. His contributions at an International, National and State level involve working with key stakeholders and government to ensure lot owners, industry employees, suppliers and Bodies Corporate needs are addressed through Government policy reform, education and training.