Key Responsibilities of the Valuer-General
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The Valuer-General is the government's authority on statutory valuations. He has roles and responsibilities under various Acts of Parliament including the Valuation of Land Act 1960 and the Local Government Act 1989.
The Valuer-General and his staff at Valuer-General Victoria (VGV), oversee valuations for State Government property transactions and the making and return of council rating valuations. VGV also values government assets so departments and agencies can complete their financial reporting requirements.
- Perform the responsibilities of the Valuer-General as set out in the Valuation of Land Act 1960, the Local Government Act 1989 and other relevant legislation
- Review and make recommendations for amendments to the Valuation of Land Act
- Set and maintain necessary valuation standards and quality to protect the probity of government property transactions
- Manage and audit contract valuation panels for consistency and compliance with standards
- Undertake valuations in-house and manage outsourced valuations
- Facilitate development projects through provision of expert advice on valuation and land matters to government and industry
- Improve and monitor standards of rating authority valuation practice and methodologies
- Audit performance of municipal valuation contracts through the certification (7A) process in accordance with the requirements of the Valuation of Land Act
- Compile the General Valuation database for audit and research purposes
- Coordinate, compile and disseminate data on statewide property outcomes to municipalities
- Inform and educate the industry through publication and distribution of VGV programs and initiatives
- Communicate benefits of Valuation Best Practice reforms to local government
- Advance industry practices through conferences and education forums, and
- Provide Ministerial advice on valuation related issues.
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