Story perspectives

NSW Proposes Strata Manager Commission Ban to Cut Costs

3/24/2026

Summary

Story summary

Peter Achterstraat, the New South Wales Productivity Commissioner, proposed banning commissions for strata managers to improve affordability and transparency.
A related report recommends a fee-for-service model, which could reduce costs and conflicts of interest.
Currently, strata managers receive commissions that can inflate service costs.
The NSW government is reviewing the recommendations, and the proposal could save residents over $300 million in the long term.

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Story summary

Peter Achterstraat, the New South Wales Productivity Commissioner, proposed banning commissions for strata managers to improve affordability and transparency.
A related report recommends a fee-for-service model, which could reduce costs and conflicts of interest.
Currently, strata managers receive commissions that can inflate service costs.
The NSW government is reviewing the recommendations, and the proposal could save residents over $300 million in the long term.