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Legislative Assembly for the ACT: 2006 Week 1 Hansard (16 February) . . Page.. 202..


MR MULCAHY (continuing):

On 7 April 2005, the Auditor-General's report No 1 was referred to the Standing Committee on Public Accounts for inquiry. On 30 July 2005 the Auditor-General's report No 3 of 2005 was referred to the Standing Committee on Public Accounts for inquiry. Consequently, the committee received a briefing from the Auditor-General in relation to the aforementioned reports on 9 November 2005. The committee considered inquiring into the reports and resolved that they do not warrant further inquiry.

I also seek leave make a statement regarding a new inquiry.

Leave granted.

MR MULCAHY: The Standing Committee on Public Accounts will inquire into and report on the valuation of land in the ACT to determine the clarity, efficiency, equity, accountability, and transparency of:

(a) criteria and methods used for determining the value of improved and unimproved land;

(b) quality controls used to achieve accuracy in land valuations;

(c) professional standards required of the people conducting valuations and criteria for selecting the valuer(s);

(d) criteria, including frequency, and processes for checking the accuracy of valuations;

(e) criteria and processes for resolving errors and disparities in valuations;

(f) criteria and processes for dealing with objections to valuations;

(g) information provided to landholders on the basis for determining evaluations;

(h) impact of claims of commercial-in-confidence on accountability and transparency;

(i) impact of land tax rates on the housing rental market;

(j) information provided to landholders on the data required and the processes for appealing against assessment of land value; and

(k) equity between landholders-information provided to other landholders in the area/suburb in the event that an adjustment is made to the valuation of a local property following a successful appeal.

Executive business-precedence

Ordered that executive business be called on.


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