Source: AVAA The Australian Taxation Office (ATO) has recently updated its guidance on the market valuation of assets, reinforcing the importance of objective, supportable, and well-documented valuation practices. The advice is significant for AVAA Certified Practising Valuers as it provides advice to taxpayers on when a valuation is required, what must be included in a report, and the expectations placed on professional valuers. That ATO update underscores the central role that ...

Source: AVAA The Auctioneers and Valuers Association of Australia (AVAA), a proudly member-driven organisation, confirmed its Board of Directors at the Annual General Meeting on 11 September 2025 to lead delivery of the 2025–30 AVAA Strategic Plan. The continuing AVAA National President is Tim Slattery, Co-Managing Director and co-owner of Slattery Auctions and Valuations.  With extensive industry experience and national operations across Australia, Tim provides in...

 Source: IVSC Introduction
Although technology has been used in valuations for decades, recent advances may profoundly affect how valuations are performed and reported. The IVSC recognises that technology continues to evolve and is increasingly influencing valuation practice. As with all developments that have the potential to shape or impact the valuation profession, the IVSC actively monitors advancements in this area. Our commitment remains to support professional valuers by helpi...

Source: AVAA (Auctioneers and Valuers Association of Australia) The AVAA recognises the growing integration of Artificial Intelligence (AI), including generative AI tools, into the valuation profession. While these technologies have the potential to support valuers in research, analysis, and report drafting, their use must remain consistent with professional responsibilities, ethical obligations, and the principles set out in the International Valuation Standards (IVS). Under IVS Framework ...

Source: Cotality In May this year, the median house value across Brisbane surpassed $1 million for the first time on record – pushing the city into the exclusive million-dollar club alongside Sydney. The median house value hit $1,006,000 in May, up from $996,000 in the previous month and $942,000 a year prior. In June, house values continued to move higher, with the median lifting to $1,011,000. June also marked the ninth consecutive month that Brisbane was the second-highest house m...