The March 2026 finance update states clearly that levies are the main source of funding that keeps the estate operating effectively.

Why levies matter

Levy income allows the Body Corporate to:

• carry out necessary maintenance
• meet financial obligations
• pay essential service providers

Arrears communication

The newsletter notes that while many owners remain current, some levy accounts are in arrears. This places pressure on the estate and is unfair to owners who continue to meet their obligations consistently.

Acknowledgement of Debt process

Owners who are experiencing financial difficulty are encouraged to communicate proactively. Where a full settlement is not immediately possible, an Acknowledgement of Debt (AOD) arrangement may be used to structure repayment.

Support pathway

Owners requiring support were directed to the relevant debtors function through Landsdowne's administration process rather than broad public contact listings.