9 July 2026
Strata insurance commissions are in the spotlight in NSW right now, and they should be. Insurance is one of the biggest costs your scheme carries, and for a long time it was hard for owners to see how the people arranging it were paid.
So let us be plain about where Bettr Strata stands.
We take no insurance commissions. We hold no interest in any broker. When we arrange your scheme’s cover, we are paid through your management fee and nothing else. What you pay us does not move with your premium. We do not earn a cent more when it goes up.
That is not a response to the reforms, or to the news. It is how we built the business from day one.
The law now entitles your committee to see how your insurance is arranged and who gets paid on it. You should use that. Ask your manager what commission or fee is paid on your insurance and to whom. Ask whether any business connected to your manager benefits from the placement. Whoever manages your scheme, those are fair questions, and you are entitled to a straight answer.
Ours is simple. Nobody here is paid more when your premium rises. That is the whole point.
John Martin (JM) | Founder & Managing Director | Bettr Strata
This article is general in nature and reflects our views and our own approach. It is not legal or financial advice, and it is not a comment on any individual business or matter. For advice specific to your scheme, speak to a licensed professional.
Media enquiries: jm@bettrstrata.com.au