Land Valuation Reforms in Queensland
Wednesday, March 10th, 2010Premier Anna Bligh today announced significant changes to the Queensland land valuations system to provide greater certainty and align Queensland with other States.
The Premier has today committed to moving to site valuation, consistent with other jurisdictions and in line with what the property industry and local government have been seeking for some time.
The Government will put in place a new structure to reform the state valuation services including the appointment of an independent Valuer General to provide transparency in the assessment and issuing of valuations.
“In dealing with the past, the Government will legislate to maintain the status quo by validating valuations already issued.
“The Government is determined to protect Queenslanders from the potential for hundreds of millions in repayments which has emerged after a recent Court decision.
“The Government will pass legislation so the method for valuing property is crystal clear, now and into the future,” Ms Bligh said.
“This will allow us to complete the 2010 valuation with certainty, but we will then go further and introduce the simpler method of valuation - ’site value’ - for non-rural lands from the following year.
The Premier announced today the state would:






