# Victoria's Strata System in Crisis

Page: https://stenobird.com/podcast/melbourne-news-today-2-min-news-the-daily-news-now-7572838/victoria-s-strata-system-in-crisis
Text version: https://stenobird.com/podcast/melbourne-news-today-2-min-news-the-daily-news-now-7572838/victoria-s-strata-system-in-crisis.md
Podcast: [Melbourne News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/melbourne-news-today-2-min-news-the-daily-news-now-7572838)
Published: 2026-06-05T04:46:51+00:00
Episode link: https://api.fastcast.ai/audio/365d0de8-dc6d-4e5d-a687-38d10466caab.mp3
Audio file: https://api.fastcast.ai/audio/365d0de8-dc6d-4e5d-a687-38d10466caab.mp3
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JSON: https://stenobird.com/v1/public/podcasts/melbourne-news-today-2-min-news-the-daily-news-now-7572838/episodes/victoria-s-strata-system-in-crisis
Duration seconds: 147

## Resource

Victoria’s strata management sector is in crisis, with a damning review revealing rampant dishonesty, unfair contracts, and hidden commissions that hurt one in four strata owners. Management firms are charging unlawful fees and pocketing up to 20% commissions from insurers — all while regulators do nothing, having not cancelled a single manager’s registration since 2019. The review calls for a ban on insurance commissions, a fee-for-service model, and stronger rules on short-term rentals like Airbnbs — but the government is dragging its feet, deferring tough decisions and dodging responsibility, despite NSW’s far more effective oversight. Strata owners are left vulnerable in a booming market, with no enforcement, no justice, and no real protection. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/9e971e8efc71a01b

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## Transcript

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