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NSW Member Briefing | Valuer General NOV 20
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Notes

The Valuer General is required to value all land in NSW annually to reflect the property market as at 1 July in the valuing year. The 2020 valuation, will be used by Revenue NSW for land tax. They will not be used by councils for rating purposes (except for those councils who have requested a revaluation to reflect the impact of bushfires on land value).

In order to implement the 2020 valuation, the Valuer General undertook this review to determine:

    • if the property market in NSW was sufficiently active at 1 July 2020 to support the 2020 valuation
    • if the residential and non-residential property market sectors of the NSW property market had been similarly affected by COVID-19; and
    • if there were any implications for statutory valuation practice arising out of COVID-19.

The Valuer General analysed the level of transactions in the pre-COVID-19 (July 2019 – February 2020) and in the COVID-19 period (March 2020 – May 2020), when restrictions were imposed, compared to July 2018 – May 2019, held discussions with representative industry bodies and formed a view that the overall property market in NSW was sufficiently active at 1 July 2020 to support the 2020 valuation. 

Join this briefing to gain a first hand understanding of the property market and have the opportunity to ask the Valuer General your burning questions. 

SPEAKER

Dr David Parker, Valuer
General of NSW

Your safety is our priority

The safety of our delegates, speakers and staff is the Property Council of Australia's top priority. There will be a range of protocols and enhanced hygiene measures implemented throughout the venue and event format to safeguard the health and wellbeing of our guests as outlined by the NSW Government. If you would like some more information on these regulations, please click here.

Download the COVIDSafe app here

We need to manually updated the Cancellation Policy and Terms and Conditions:

Cancellation policy

Cancellation: FACE TO FACE EVENTS We will offer a FULL REFUND of your registration cost if the event you have registered for is cancelled because the government or territory extends or amends its existing COVID-19 restrictions. We will also offer a FULL REFUND of your ticket if you are unable to attend the event due to: changes in your organisation’s protocols regarding event attendance, you present with flu like or COVID-19 symptoms pre event or, you answer yes on any of the screening questions at registration and are refused entry. ONLINE EVENTS All cancellations must be requested in writing however no refunds will be given to cancellations made less than five (5) business days prior to the event as catering arrangements have already been confirmed. We are happy to accept a replacement at no additional cost.

Terms and conditions

Terms and Conditions: Australia is currently in the midst of the world-wide COVID-19 crisis. We will refund your registration cost if the event you have registered for is cancelled because the government extends or amends its existing COVID-19 restrictions. Registrations are for individual delegates only and cannot be split or shared between multiple people. Payment is required prior to the event. The Property Council of Australia reserves the right to alter speaker/s or program of events or cancel the event in its entirety. The Property Council of Australia reserves the right to refuse entry to or remove from the premises any person who it considers (in their sole and absolute discretion) is causing annoyance. Your registration is accepted on the basis of these conditions. The collection of individual registration details is primarily so that we can register you and your colleagues for the event. The information will be stored in the Property Council’s database and may be used for future marketing of Property Council events and may also be provided to the event sponsors. If you do not wish your details to be made available to external parties, we ask that you notify us by a written request to the Property Council Database Manager. Property Council often undertakes or facilitates photography and/or video at our events and conferences. These images and footage may be used in future promotions that include but are not limited to website, direct mail, marketing collateral, email, sales documents and other uses by Property Council of Australia. Should a registered participant seek to be excluded from such future uses of images, you must register your request with a Property Council staff member on the day of the designated event. No further correspondence or permissions will alternatively be sought.