What law governs strata in New South Wales?

Strata in NSW is governed by the Strata Schemes Management Act 2015 and its regulations. The building is a strata scheme, the owners form an owners corporation, and a strata committee runs the day-to-day decisions.

What is the capital works fund in NSW?

The capital works fund, once called the sinking fund, is the money a NSW strata scheme sets aside for major and long-term works such as roofing, painting, and lift replacement. Schemes are required to maintain a ten-year capital works fund plan.

Who can manage a strata scheme in NSW?

A strata managing agent acting for a scheme must hold the appropriate licence. Owners can also self-manage, but most appoint a licensed agent to handle finances, repairs, and compliance.

Does stratai work for NSW strata schemes?

Yes. stratai is built around NSW terminology and the Strata Schemes Management Act 2015, bringing repairs, capital works planning, and committee tools into one workspace for managers and owners.

For New South Wales

Strata management software for New South Wales

One workspace for managing agents and owners across your NSW schemes. Repairs, capital works, and committee work in a single place everyone trusts.

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New South Wales runs more strata than anywhere else in the country, and the rules that govern it are detailed. Schemes operate under the Strata Schemes Management Act 2015, owners belong to an owners corporation, and the day-to-day is run by a strata committee with support from a strata managing agent. stratai is built to fit that structure, not fight it.

From the first repair report to the capital works fund forecast, every scheme has one home that the committee, the agent, and the owners can all see. When a dispute would otherwise head to NCAT, a clear and complete record is often what settles it first.

Speaks NSW

Built around New South Wales terminology

stratai uses the words your owners and committee already use, in line with the Strata Schemes Management Act 2015.

Generally	In New South Wales
Building / scheme	Strata scheme
Owner body	Owners corporation
Committee	Strata committee
Manager	Strata managing agent
Long-term fund	Capital works fund

For New South Wales

What you get

Capital works funds owners can see

Keep the ten-year forecast and the fund balance visible to every owner, so contributions make sense and special levies stop being a shock.

Repairs from report to invoice

Each maintenance job has one timeline, with owners updated automatically and a clean record if it ever reaches NCAT.

Committee work in one place

Give your strata committee a shared view of decisions, documents, and what needs a vote, without the email chain.

A managing agent’s whole portfolio

Run every scheme you manage from one dashboard, with the right access for each owner and committee member.

Across Australia

Built for your state too

Victoriaowners corporation software Queenslandbody corporate software

NSW strata FAQ

New South Wales strata questions

See stratai on your own buildings

A short, no-pressure walkthrough on your portfolio. We will show you the manager and owner sides, and answer anything.

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Generally

In New South Wales

Building / scheme

Strata scheme

Owner body

Owners corporation

Committee

Strata committee

Manager

Strata managing agent

Long-term fund

Capital works fund