Unit Owners of Port Douglas Facing High Insurance Can Now Take Action

Attention all strata titled Property Owners in Port Douglas Queensland.

The Federal Government yesterday has announced a parliamentary inquiry into the HIGH COST of strata insurance in Far North Queensland – Port Douglas included.

Century 21 Port Douglas Real Estate  know and have spoken to many property owners who are stressed because of the ongoing difficulties in obtaining insurance for strata titled units/complexes and the unjustified ever increasing cost.

We urge all unit owners, all townhouse owners, all villa owners, to follow the instructions below and make a submission to the current parliamentary inquiry.

Port Douglas strata titled owners finally have the opportunity to be heard and to make a difference to the cost of insurance on their property.

Do not sit back and expect the unit owner next door to make a submission, contact your fellow owners in the complex, contact your body corporate, but make sure you all call or email as per the details below, if you want something done about the high cost of your insurance.

This is the link to view more information on the Federal Government Inquiry:

http://www.alp.org.au/federal-government/news/inquiry-into-residential-strategy-insurance/

Quote by Bill Shorten Federal MP yesterday : “In particular I’ve been concerned about the news coming out of cities and towns like Cairns, Townsville, Port Douglas and others in the region, where anecdotal evidence suggests residential strata insurance is becoming an increasing issue.”

Unit owners are strongly encouraged to make a submission to the inquiry.

Information on making a submission is available by phone 02 6277 2358 or be email to spla.reps@aph.gov.au.

Public hearings are to be undertaken in Northern Queensland during the parliamentary recess in January and February 2012.

You can find information about the inquiry and the terms of reference  at this government website: http://www.aph.gov.au/house/committee/spla/strata/index.htm;

Or for  information on writing a submission please click on the following link: http://www.aph.gov.au/house/committee/documnts/howsub.htm.

 

Please note that all submissions are due by Monday 16 January 2011.

 

 

 

 

 

 

 

About Port Douglas

Port Douglas real estate - Real estate in Port Douglas is now sought after the world over. Our passion for where we live stems from Port Douglas being the only place in the world where two natural, world heritage listed sites (the Great Barrier Reef & Daintree Rainforest) exist side by side. If you would like buy or live in your own piece of paradise, please browse our real estate listings http://www.realestateportdouglas.com.au The views expressed in the Port Douglas blogs are not those of Century 21 Port Douglas Real Estate nor the Century 21 franchise.
This entry was posted in Australia, Australian Home Buyers, Australian Homes, Century 21 Port Douglas, Far North Queensland, Federal Government Inquiry, Landlords, Mossman, Port Douglas, Property Investor, Property Port Douglas, Property Values, Propety Prices, Queensland, Real Estate, Strata Insurance, Uncategorized, Unit Owners, What is Your Property Worth. Bookmark the permalink.

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