Posts by Cate Bakos

This concept confuses so many, yet it shouldn’t be confusing. Perhaps we over-complicate it, or perhaps we associate it with detailed tax calculations. Whatever the reason, it isn’t complex and below will describe it in clear, simple terms. Gearing is a word that refers to the ratio of borrowings to owners’ equity in a business…

A special levy is a capital raising exercise that is coordinated by an Owner’s Corporation (or Strata company) when funds are required for something that wasn’t budgeted for. The levies can sometimes be demure, but more often than not they signal something more serious or sinister. Special levies can be a once-off surcharge, a series…