Review of pastoral rent methodology

Proposed Alternative Methodology

• The Valuer-General has committed to a review of the valuation calculation method (the methodology) to further address the outstanding issue of transparency, being the major frustration expressed by industry in the 2019 rent determination.
• The Valuer-General is proposing a methodology which more closely reflects the way that market participants (buyers and sellers) participate in the market.
• This would provide the clarity and transparency the industry is calling for.
• Investigations into alternative calculation methodologies include reviewing the previous work completed by the PRAWG. 
• The following methodology proposed by the Valuer-General is the starting point for industry consideration and discussion.

Please email your feedback to ValuationServicesPastoralAndRural@landgate.wa.gov.au or directly to Pastoralists & Graziers Association (WA) and Kimberly Pilbara Cattlemen's Association. 

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