On 18 December 2018, the Victorian Civil and Administrative Tribunal (Tribunal) issued an important decision regarding the assessment of the site value of a heritage registered property (ISPT Pty Ltd -v- Melbourne City Council and Valuer … Continued
Where only part of a property is required for a public purpose, what valuation methodology is most appropriate? The answer will depend upon the particular circumstances of each case unless you are valuing the acquisition of land … Continued
Are you a state government department or public body which procures public construction works and services? Are you in the process of determining which form of contract will be most appropriate for your procurement to issue … Continued
On 27 April 2018, the Building Minister’s Forum (BMF) released the final report by Professor Peter Shergold AC and Ms Bronwyn Weir entitled ‘Building Confidence – Improving the effectiveness of compliance and enforcement systems for … Continued
The Courts have again confirmed the use of the direct comparison approach is often the most reliable method of valuing what a hypothetical and willing (but not anxious) vendor and purchaser would agree to. This … Continued
Following on from our recent eAlert regarding changes to the Building Act 1993 and Building Regulations 2006, this update includes additional changes on the legislation. Building Act 1993 changes The Building Amendment (Enforcement and Other Measures) Act … Continued
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