Lionstone Governance Rewards Program
Rewarding Owners Corporations that plan ahead, stay compliant and operate efficiently.
Owners Corporations may qualify for discounts of up to $100 per lot per year by meeting the criteria below.
Financial Governance Discount - $25 Per Lot
- Annual budget approved on time.
- Capital Works Plan updated and adopted.
- No material under-levying against forecast.
Arrears & Levy Compliance Discount - $25 Per Lot
- Arrears remain below agreed thresholds.
- Levies paid within normal cycles.
- No recurring debt recovery escalation required.
Maintenance Planning Discount - $25 Per Lot
- Maintenance Fund funded in accordance with the adopted budget and Capital Works Plan.
- No avoidable emergency special levies caused by underfunding.
Operational Efficiency Discount - $25 Per Lot
- Maintenance requests submitted through the Lionstone portal.
- Approved contractor workflows utilised.
- Committee approvals completed within agreed timeframes.
- Minimal manual administration required.
Discounts are assessed annually and applied to the following year's management fees.
This program encourages proactive financial management, strong maintenance planning and efficient day-to-day operations, helping Owners Corporations reduce costs while maintaining healthy reserves and avoiding unexpected special levies.
Important: Discounts are assessed independently. Owners Corporations may qualify for some or all available discounts depending on their governance, compliance and operational performance.