ARCHERS - connecting strata communities

North Queensland unit owners are being urged to contribute submissions to the ongoing strata insurance inquiry by Monday 16 January 2012.

Following the North Queensland community forums held in November 2011 which were sponsored by Archers Body Corporate Management, the Federal Government announced the Natural Disaster Insurance Review would be expanded to incorporate the issue of rising strata insurance premiums in North Queensland.

The inquiry into residential strata title insurance is examining the affordability of strata insurance in North Queensland.

A number of Archers clients in North Queensland have experienced premium increases of 400 per cent, and in some cases greater. Solutions to ensure strata insurance is affordable and sustainable in the long term are vital to see investment continue in North Queensland.

This inquiry is broad-ranging and asks for submissions from the public. It is essential that unit owners have their say to ensure that the outcomes of the inquiry reflect the current price situation.

For the full terms of reference, CLICK HERE to visit the Committee's website or contact the Secretariat on spla.reps@aph.gov.au or 02 6277 2358.

CLICK HERE to find out further information about making submissions

In addition to sending submissions, unit owners should make themselves available to attend the public hearings to be held later this month in Port Douglas, Cairns, Townsville and Mackay:

• Port Douglas - Monday 30^th January, Port Douglas Community Hall, Mowbray St 9am - 12pm
• Cairns - Monday 30^th January, Sebel Hotel, 17 Abbott St 2:30pm - 5:30pm
• Townsville - Wednesday 1 February 2012, 9am-3pm, Reef HQ, 2 - 68 Flinders St, with videconferencing available to Mackay from 1pm-3pm, Central Queensland University, 6/G.03 Boundary Rd, Planlands.