Minister for Better Regulation and Fair Trading Anoulack Chanthivong has welcomed the appointment of the new NSW Strata and Property Services Commissioner.
NSW Fair Trading has announced the appointment of Angus Abadee as the state’s new Strata and Property Services Commissioner.
The Strata and Property Service Commissioner leads NSW Fair Trading’s oversight of the strata and property sector and is focused on raising performance and accountability standards across strata, property services, retirement villages, and residential land lease communities.
Mr Abadee will lead initiatives to enhance industry integrity and lift consumer confidence within the state’s strata and property services sectors, as well as providing strategic advice to Government on its policy reform agenda.
Mr Abadee brings extensive regulatory and sector experience, having held senior positions in NSW Fair Trading, Building Commission NSW and Liquor & Gaming NSW, and has performed the role of Interim Strata and Property Services Commissioner since the role was vacated in December 2024.
He has established and led the Strata and Property Taskforce since that time, with a regulatory focus on practices causing consumer harm, including targeting underquoting in the real estate sales sector, as well as the failure of strata managing agents to act in the best interests of owners corporations and meet disclosure obligations.
This work included a sector-first permanent disqualification of Result Strata Management Pty Ltd and its general manager Michael Lee from working in the NSW strata sector.
Before joining the NSW Fair Trading leadership team in July 2024, Mr Abadee was Director Policy in Building Commission NSW where he was responsible for the design of the NSW Government’s reform agenda across the building industry, including key reforms that aim to restore confidence in strata living.
For more information on the Strata and Property Services Taskforce, please visit the New strata laws ensure fairer rules for fees and charges web page.
Minister for Better Regulation and Fair Trading Anoulack Chanthivong:
“Protection for real estate consumers and those living in strata schemes is one of the top priorities for the Minns Labor Government.
“I would like to congratulate Mr Abadee on his appointment.
“This is a critical time in the development of regulations and responding to consumer concerns across a growing and changing industry which will see almost half of Greater Sydney’s population living in strata communities in 2040.
“Mr Abadee’s appointment underscores the NSW Government’s commitment to fostering a fair, transparent, and sustainable strata and property sector.
“We want people to feel confident and safe when purchasing a property, living in a strata property, and dealing with property professionals, and that is exactly what our reforms are doing.”
Strata and Property Services Commissioner Angus Abadee:
“I am absolutely thrilled to be appointed NSW Strata and Property Services Commissioner.
“We have an opportunity to drive proactive and visible regulation across the industry, focusing on improving agent behavior, cracking down on individuals and agencies and empowering consumers.
“Along with the Fair Trading team, I want to ensure that practitioners do not just see themselves as running a business – they recognise they are members of a profession that comes with benefits and obligations.”