NEGOTIATIONS CONTINUE ON QUEENSLAND
VALUATION BILL
Negotiations continue with the
Queensland Government to seek amendments to its Valuation of
Land Amendment Bill 2010, which was deferred in Parliament
last week to enable industry consultation (Shop
Talk 26/02/10). A key issue with the Bill remains the
amended definition of unimproved value, which seeks to
incorporate entrepreneurial efforts (such as goodwill, business
contracts, leases etc) in the underlying value of the land.
Eight industry associations, including
the National Retail Association, the Motor Trades Association
and the Queensland Hotels Association, have today taken out a
full-page advertisement in the Courier Mail newspaper, to
debunk the Government’s most persistent claims made in relation
to the Bill. In relation to the claim that the Bill only affects
the ‘big end of town’, the advertisement points out that this
Bill will be applied equally to smaller ‘mum and dad’ investors,
including people with small businesses, investment properties
and farms. The Government has also claimed that the Bill
reinstates valuation law that has been in place for 70 years.
This is not the case, and legal and valuation experts agree that
the Bill proposes a radical change to the valuation system
(namely, the new definition of unimproved value). In response to
the claim that the proposed objection and appeal process is fair
and modern, the advertisement sites the Queensland Law Society’s
view that the Bill contains: "disturbing clauses which infringe
on the rights and liberties of individuals". The Government has
also claimed that commercial property owners will receive a
massive discount on rates and land tax. The advertisement points
out that there are no discounts available to commercial property
owner in the current legislation and that it has been
demonstrated to the Government (with detailed modelling) that
the taxable value of land will increase under the Bill, if it is
passed. Updated information on the campaign continues to be
available at
www.fightthelandtaxgrab.com.au.
UNJUSTIFIED CLAIMS NSW ADT DISADVANTAGES TENANTS
Associate Professor Frank Zumbo has
claimed that retail tenancy disputes heard by the NSW
Administrative Decisions Tribunal take too long and work to the
disadvantage of tenants. He argues that a retail ombudsman
should be appointed instead (Financial Review 23/2/10 p.50).
But the dispute he uses as an example – one with which he is
very familiar – does not support his claim. The major delays
were caused by the tenant, not by the landlord or the ADT. It
was the tenant who applied to vacate agreed hearing dates after
she changed lawyers (something she did several times, including
twice during the hearings). It was the tenant who then took
nearly a year to finish filing evidence of her claims and then
filed several amended pleadings, thus changing the way the case
was run. And it was the tenant who, after 15 hearing days and
the formal closure of both parties’ cases, abandoned substantial
components of her claims against the landlord, which were
clearly without substance. Associate Professor Zumbo’s other
claim – that: "people struggle to get to the ADT" is also
nonsense. More than 80% of retail tenancy disputes are
successfully mediated without need for arbitration. The small
number that go forward to the ADT are generally determined
quickly.
SOUTH AUSTRALIAN TRADING HOURS OVER
ANZAC WEEKEND
Clarification of trading hours in
Adelaide over the Anzac weekend has been caught up in the South
Australian election campaign. At this stage trading hours for
non-exempt shops on Anzac Day itself (Sunday 25 April) are still
those for a normal Sunday (11am-5pm) and trading is not
permitted on the additional public holiday (Monday 26 April.)
However, it is possible that after the election (20 March) the
government, of whichever party, will gazette trading hours on
Sunday 25 April as 12 noon – 5pm.