The Urban Taskforce submission to Inquiry into the Land Valuation System

8 March 2013- The Urban Taskforce concerns with the valuation system relates primarily to the:

  • unrealistic broad-brush land values being applied to greenfield land based on land zoning without due consideration of:
  1. actual land use;
  2. development capability of the land;
  3. need and cost of provision of essential infrastructure;
  • requirement for land owners to pay land tax upfront based on land valuations in dispute and/or subject to legal challenge;
  • costs not being awarded to the appellant when land valuations are determined by the courts.