The Valuer General, Philip Western is an independent statutory officer appointed by the Governor of New South Wales to oversee the valuation system.
The Valuer General sets the standards for the provision of a world class valuation system and ensures it meets the needs of our community which includes landowners, members of the public, ratepayers, land tax clients and state and local government.
The Valuer General is responsible for:
- the provision of fair, accurate and consistent land values for rating and taxing purposes
- the determination of compensation following the compulsory acquisition of land and
- the provision of specialist valuation and property advice to government.
The role of Land and Property Information, Department of Finance and Services
Land and Property Information (LPI) manage the valuation system on behalf of the Valuer General. LPI provide a range of valuation services including the management of customer service and provision of information to stakeholders, valuation contracts, the provision of information to contract valuers, the objection review process as well as auditing and ensuring the quality of land values and the day to day management of valuations completed under the Land Acquisition (Just Terms Compensation) Act 1991.
Governance/Accountability
The Valuer General reports administratively to the Minister for Finance and Services and the Director-General, Department of Finance and Services.
The Parliamentary Committee on the Office of the Valuer General monitors and reviews the exercise of the Valuer General's functions with respect to land valuations.
The Land Valuation Advisory Group comprises representatives of property industry groups and stakeholders. The group monitors the quality of land values and provides a channel for communication between the Valuer General and property industry stakeholders.
