News

Body Corporate Managers – Pay Peanuts, Get Monkeys

Body Corporate managers need to make a living too. Don’t begrudge your body corporate manager an extra $20 or $30 per lot per annum on their management contract.  Expect and agree to annual CPI increases.  A body corporate manager who is being paid properly is more likely to go the extra mile – which can save the body corporate a hell of a lot more money in the long term.