Half of Canberra's bankruptcy filings last year were by strata managers chasing fees | ABC NEWS

Half of all forced bankruptcies in the ACT last financial year were a result of strata companies seeking money from unit owners, with the territory figure well above the national average. An inquiry into strata management in Canberra has heard that some unit owners are struggling to afford increases to their quarterly payments, with advocates decrying a lack of financial hardship options. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2025-07-0... ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook:   / abcnews.au   Follow ABC NEWS on Instagram:   / abcnews_au   Follow ABC NEWS on X (Twitter):   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcnewsact