YEAR IN REVIEW

Significant Issues and Trends

• The Western Australian property market continues to experience high activity levels, which directly impact the demand for land information, registration and valuation services.

• There is a continuing and growing demand for improved access to high quality, integratable, digital land information requiring new and innovative delivery models to meet an ever-increasing range of customer uses.

• Land information is gaining recognition as a key element underpinning Government decision making and the delivery of public policy.

• Cabinet approved, in October 2003, the drafting of a Bill to transform DLI from a Government department to a statutory authority with commercial powers to allow the delivery of a greater return to the State and community of Western Australia's land and property information.

• There are rising expectations by Government, industry and the community for more cost effective management and delivery of land and property information services, including:
  • A single point of electronic access to land and property information, particularly with regard to discovering the full range of interests in land;
  • Replacement of paper based documentation with electronic forms for land developers and conveyancers; and
  • Reducing duplication of land information maintenance across Government agencies.
• There is heightened Government and community commitment to sustainable development and increasing pressure for registration of water rights and carbon credits and the recording of Native Title.

• Impartial and accurate rating and taxing values continue to underpin the revenue collection of State and local governments. In other states, the level of criticism and litigation is increasing, which may mean more attention will need to be directed to data quality and justification of valuations in future.

• Independent valuation and property advice is critical to the transparency of all Government property transactions, in particularly compulsory acquisition.

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