AVAA Professional Standards Public Comment Drafts
.

The AVAA Professional Standards establish clear expectations for professional conduct, competency, risk management and service delivery across valuation and auction practice. Together, they provide a practical framework that supports consistency, professionalism, consumer confidence and the ongoing advancement of the profession.

AVAA invites members, industry participants and other interested stakeholders to review the following drafts AVAA Professional Standard and provide feedback. Consultation is an important part of the standards development process and helps ensure that each standard is practical, relevant and reflective of contemporary professional practice.  The following draft standards are currently available for public comment.

.

AVAA Professional Standards Draft/s For Comment —

Status:  Non-current (Public Comment)

Establishes nationally recognised valuation definitions and principles for the valuation of physical assets, together with guidance on the selection and application of valuation methodologies, bases of value, market evidence, assumptions, professional judgement, valuation uncertainty and reconciliation, to support consistent, transparent and reliable valuation practice.

[PDF Public Comment Draft Download]

.

Feedback should be provided using the downloadable consultation response form and should clearly identify the relevant standard, clause number, suggested amendment and supporting rationale.

Yuor contribution plays an important role in strengthening the final standards. All submissions received during the consultation period will be reviewed by the AVAA Membership & Professional Standards Committee before recommendations are made to the AVAA Board for consideration and endorsement.  Comment is due by 31 October 2026.
.

Interested In Finding Out More?

For further information on the AVAA Professional Standards, please send an email to standards@avaa.com.au or telephone 1300 928 165.  You can also stay up to date by following AVAA on LinkedIn, X/Twitter and Facebook.

.

.
Auction, Valuation & Business News Updates

GCT Reforms And What’s Critical For Valuers

October 12th, 2026|

For valuers of fine art and antiques, memorabilia and collectables, rare coins and stamps, jewellery and other investment-grade assets, the recent changes to capital gains tax (CGT) raise some important technical questions. How will historical [...]

Government Is Wrong On Credit Card Surcharge

October 9th, 2026|

The Australian Government’s misleading claims that abolishing credit card surcharges will reduce consumer costs have raised concerns among Australia’s auctioneers and valuers. With strong member backing, the Auctioneers and Valuers Association of Australia (AVAA) [...]

National Valuation Definition Near Completion

October 8th, 2026|

What constitutes Market Value, how should valuers interpret conflicting evidence, and when can professional judgement support a valuation in the absence of comparable sales? These questions are central to a new Australian professional standard [...]

.
Valuation & Auction Events

Sporting Memorabilia Valuation Webinar (7/10/26)

Interest in the professional valuation of sporting memorabilia is increasing as collectors, insurers, legal advisers, estates and investors seek informed advice on value, authenticity, condition and provenance. This webinar explores sound valuation practices for [...]

Workplace Relations Interest Group (8/10/26)

The AVAA Human Resources Interest Group brings together members with responsibility for managing people, workplace practices and employment matters across the valuation and auction industries. This meeting will provide a practical forum to discuss [...]

Chief Executive Officers’ Roundtable (11/11/26)

The AVAA Chief Executive’s Roundtable brings together senior leaders from the valuation and auction industries to examine the political, regulatory and commercial issues affecting their organisations and professions. This meeting will feature the Chief [...]

.
Valuation & Auction Insights

Insights On Equestrian Horse Valuation

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 [...]

Insights On Plant And Machinery Valuation

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 [...]

Insights On Australian Art Valuation

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 [...]