The Australian Consumer Law (ACL) imposes important obligations on businesses that conduct auctions. Among the most significant are the responsibility of auctioneers to take reasonable steps to ensure that information provided to prospective bidders is accurate, balanced [...]
As the Australian Government progresses its proposed Capital Gains Tax (CGT) reforms one issue sits at the centre of successful implementation, this being the accurate determination of asset value. Whether establishing baseline values, assessing historical market values, valuing [...]
One of the most important messages from the International Valuation Standards Council's (IVSC) recent Managing and Communicating Value Uncertainty paper is that uncertainty is not a flaw in valuation. It is an inherent part of professional valuation [...]
Australian valuers have a new standard that recognises that artificial intelligence (AI) technologies are rapidly becoming part of the professional toolkit used by valuers, while making clear that technological innovation must be accompanied by professional accountability, transparency, [...]
Australia’s valuation professionals are sharing practical insights into the realities of working in highly diverse and technically demanding valuation markets. From plant and machinery through to Australian art, jewellery, equestrian horses, sporting memorabilia, and trading cards, these contributions [...]
Valuing show horses, competitive jumping horses and other elite equestrian competition horses is one of the most specialised areas of valuation practice. Unlike many physical assets, a competition horse represents a complex combination of athletic performance, breeding, [...]
Auctioneers dealing in jewellery, previous stones, watches, bullion-related products and related goods should now be carefully reviewing the incoming anti-money laundering and counter-terrorism financing (AML/CTF) reforms being introduced by Austrac, particularly if they are using cash or [...]
Industrial generators and heavy plant are critical commercial assets underpinning Australia’s construction, mining, transport, and manufacturing sectors. As plant and equipment values continue rising, businesses, lenders, insurers, and legal advisers are seeking reliable valuation advice supported by technical [...]
The market for Australian art occupies a distinctive position within the broader fine art sector. It is shaped not only by artistic merit and collector demand, but also by Australia’s cultural history, geographic isolation, institutional collecting patterns and [...]
A valuer who charges a fee calculated as a percentage of the assessed value fundamentally compromises the independence required of professional valuation practice. It’s a practice that serves neither the item's holder nor the valuation sector well [...]
