Land Valuation Amendment Bill 2023
Bill Journey
Referred to Transport and Resources Committee
Lapsed1 Oct 2024
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Plain English Summary
Overview
This bill would have modernised Queensland's land valuation system - the framework that determines property values for calculating rates and land tax. It proposed streamlining the objection process, giving the valuer-general power to make binding guidelines for complex properties, and allowing valuation notices to be sent by SMS. The bill lapsed at the end of the 57th Parliament and did not become law.
Who it affects
Property owners across Queensland, particularly farmers with multiple properties and owners of complex developments like shopping centres or land with mixed uses such as carbon farming.
Key changes
- New power for the valuer-general to make binding guidelines for valuing complex property types
- Removal of the $5 million threshold for accessing objection conferences - all landowners would have equal access
- Requirement for earlier disclosure of relevant information during objection disputes
- Farmers could choose whether to combine non-adjoining farming lots into one valuation
- Valuation notices could be sent via SMS in addition to email and post
- Site improvement deduction applications separated from the objection process for faster processing