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Million homes won’t be revalued after shock decision by Queensland’s Valuer-General

first_imgOnly 22 of Queensland’s 62 rateable LGAs will be valued next year.The decision marked the first time in eight years that the Valuer-General won’t have the capital city in his annual Queensland revaluations.Mr Mountford said “in both 2015 and 2016, landowners in Brisbane’s CBD raised significant concerns with their annual land valuations”.“In 2016, almost 1,200 objections were lodged across Brisbane, 241 of them for properties over $5 million – most of them in the CBD. A similar number were lodged in the previous year. Given this level of debate about statutory valuations in Brisbane in recent years, its clearly an odd decision not to revalue the State’s capital city.”Mr Mountford said major, diverse markets like Brisbane needed to be valued every year “to ensure the tax system remains fair and equitable”.“Has the government made this decision because the State Valuation Service doesn’t have the resources to undertake the task? Or perhaps the State is looking to ensure its land tax revenue is locked in at a certain level for next year? Either way, it’s not the basis of a fair tax system.” Property Council QLD executive director Chris Mountford said the move was not a good look for the state. Picture: Mark CallejaMore from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoMr Bray said the 2018 valuations – to be released in March next year – would involve 492,000 properties making up about 29 per cent of Queensland’s valuation roll.The LGAs that would get new valuations were Banana, Barcoo, Boulia, Bulloo, Central Highlands, Charters Towers, Diamantina, Douglas, Fraser Coast, Gladstone, Gold Coast, Goondiwindi, Hinchinbrook, Isaac, Maranoa, Murweh, Noosa, Paroo, Quilpie, Scenic Rim, Sunshine Coast and Toowoomba.“Valuations are issued annually across the state, except in unusual circumstances or where it is determined there has been insufficient market movement in a local government area to warrant an annual valuation being issued,” he said. HOT AUCTIONS: Brisbane homes selling sight unseen BRISBANE RISING: Surge in capital growth expectations BORROWING: Interest only loans could increase SIGN UP FREE: Get The Courier-Mail ’s real estate news in your inbox Mr Bray said in a statement that where new valuations were not issued in 2018, the most recent annual valuation would stay in force “for rating, land tax and state land rental purposes until the next valuation is undertaken”.But if you’re in the unvalued zones and think that means your rates will stay put next year, think again.“Landowners should remember that land valuations are just one of the factors taken into account by local councils when they prepare their annual budget and set rates to pay for the services they provide to their community,” Mr Bray said.Under the Land Valuation Act 2010 valuation notices have to be issued no later than March 31 in the year that the annual valuation takes effect.“The valuations will be determined as at 1 October 2017, and become effective for rating, land tax and State Land rental (for leasehold land) purposes as at 30 June 2018,” he said. *FOLLOW Sophie Foster on Twitter or Facebook A shock decision by the Queensland Valuer-General will see the state capital bypassed in new property valuations.CLOSE to a million Queensland homes won’t be revalued next year because of a shock decision by the state’s Valuer-General that’s been slammed by the Property Council.Queensland Valuer-General Neil Bray had to defend his decision to revalue only 22 of the state’s 62 rateable local government areas next year, leaving off the list not just the state capital Brisbane but also densely populated areas like Logan, Ipswich, Moreton Bay and Townsville.“The property market survey reports for those LGAs not being revalued showed minimal movement across most market segments. In Brisbane, for example, there were some small pockets that showed some change, however overall the changes did not justify inclusion in the annual valuation program,” he said.But Property Council Queensland executive director Chris Mountford was unconvinced, warning the move raised serious questions about the state’s valuation system – especially when the capital city was bypassed.“A significant number of transactions were undertaken in the 2016-2017 financial year, which would help inform new valuations. On this basis, the Property Council sees no reason for the decision not to value more than 29 per cent of rateable properties across the state.”last_img read more

State Department describes Port of Spain as critical threat location

first_imgTrinidad crime The US State Department has described the Trinidad and Tobago capital of Port of Spain as being a critical-threat location for crime directed at or affecting US Government interests.At the same time the Department identified the city as a low-threat location for terrorist activity directed at or affecting official US government interests.The State department’s 2017 Crime and Safety Report, which  was released last week, identified crime in the twin island republic as the main threat to visitors.“Given the crime rate and some weaknesses in border control, there remains a continued concern that T&T could be utilised as a transit point for potential terrorists or terrorist organizations. US citizens are advised that US government personnel and their families are restricted from travelling to the following areas — Laventille, Sea Lots, Cocorite, Beetham, the Interior of (Queen’s Park) Savannah, Downtown Port of Spain (after dark), Fort George (after dark), and all beaches (after dark),” the report says.The report stated “most crimes are crimes of opportunity”, adding that “American citizens have been victims of pickpocketing, assault, theft/robbery, fraud, and murder” and while “there is no evidence to indicate that foreigners, specifically expatriates, are specifically targeted, crimes (robbery, break-ins/burglary, vehicular break-ins, home invasions, assaults (including sexual assaults)) do occur in areas frequented by tourists and in which the expatriate community lives.”The report also stated that “Trinidad and Tobago Police Service (TTPS) 2016 crime statistics show a 1.4 per cent increase in overall serious criminal activity, as compared to 2015 but violent crime remains a major concern for local security services and the general population.”Trinidadian police seized 765 firearms last year and identified the gun as the weapon of choice to commit murders. Almost 81 per cent of the murders were committed using a gun in that country.“According to TTPS statistics, there were 462 murders in 2016, 420 murders in 2015, and 403 murders in 2014, out of a population of approximately 1.3 million people,” the report states.The State Department also mentioned that there were no known indigenous terrorist groups operating in the country but it was reported that Trinidad nationals have travelled to Syria and Iraq to fight for the terrorist group ISIS.“Given the crime rate and some weaknesses in border control, there remains a continued concern that T&T could be utilized as a transit point for potential terrorists or terrorist organizations. Although terrorism poses a low threat to travelers to T&T, all should be aware of the global risk of indiscriminate terrorist attacks. These could take place in public areas frequented by expatriates and foreign travelers. Travelers should review the US Department of State’s most recent Worldwide Caution,” the report states.last_img read more

FC Željezničar on Preparations in Međugorje

first_imgThe football players of FC Željezničar traveled to Međugorje, where in the next ten days they are to prepare for the performance in the first qualifying round of the European League.The coach of FC Željezničar Milomir Odović will prepare the team for the European matches and the next season of the Premier League of B&H.On Monday, FC Željezničar will play a friendly match against the team of Međugorje, and against FC Zrinjski three days later. In these matches, Odović will test the players who have just joined the team (Secouba Diatta, Ivan Livaja, Jovan Blagojević, Emir Hodžurda), as well as several young players who have transferred to the first team from the youth squad.‘’The team is finally complete. The real preparations are just starting, and will be very specific since we are playing the first European matches in fifteen days. We will also attempt to prepare for the next season of the Premier League. Currently, I am not thinking about the opponents. We have to reach a certain level of form, and if we achieve that, I believe everything will depend on us in the first qualifying round’’, said Odović prior to leaving for Međugorje.The last footballer who arrived at ‘’Grbavica’’ is Emir Hodžurda, the stopper who was a member of the youth squad of FC Željezničar until 2008, after which he played in Romanian FC Otelul Galati, FC Famos, FC Bosna Visoko, Slovenian FC Aluminij, while he spent the past season in FC Slavija.Odović believes that Hodžurda has the potential to fulfill the expectations of the expert staff of the FC Željezničar, but he points out that it is too early to predict whether he will meet the requirements, and that precisely the profile of a player such as Jovan Blagojević, the former player of Velež, was missing in FC Željezničar in the past season.‘’Assuming that Hodžurda is a player that we need, we will have a quality team that is covered in all positions. We brought in reinforcements in accordance with our abilities. I think Blagojević is a player that FC Željezničar did not have in the past season, and it is the profile of a player that we lacked. Our young players will advance with him, and FC Željezničar will play better’’, added the strategist of ‘’The Blues’’.(Source: novovrijeme.ba/ photo radiosarajevo)last_img read more