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Conference paper
Resources
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apo-nid60219.pdf 458.34 KB
Description

Abstract: This paper addresses the governance of Strata Title developments, in the context of current metropolitan planning strategies based on increased higher density urban consolidation in Australia. Utilising theories of governance, it argues that the current focus on higher density development is vulnerable to challenges relating to regulation, representation and termination in strata developments. The governance of strata schemes is found to take the form of ‘nodal’ governance based on market principles, where stakeholders within a Strata Title scheme do not have equal rights to participate, and the market within which the governance structure operates is not free, but is regulated by a legislative structure that has inevitably lagged behind developments driven by the market. Principal among these is the increase in the size and complexity of strata schemes, which has put pressure on legislative arrangements originally designed for small developments with relatively few stakeholders. It is likely that these problems will escalate as an increasing proportion of the population move into strata schemes, particularly as the supply of skilled strata professionals may not be able to keep pace with demand

Publication Details
Peer Reviewed:
Yes
Access Rights Type:
open