The process of valuation do posses rules and the regulation which do help to maintain the best output of the procedure. The process of valuation can be run smoothly if the work is been carried performed according to the rules and the regulation which is given by the authority. Hummingbirds make a cup nest the size of a quarter from three to 30 feet up. It is constructed of plant down with moss and lichen on the outside. Only the female sits on the eggs. Meadowlarks make a depression in the ground and line it with grass or weeds.

Screech owls use hollow trees, a nest box, a woodpecker hole, or even a building to call home. They use whatever is handy to make a nest. Straw, leaves, and feathers do nicely. Only the female owl sits. The American Indians called this month’s moon the full buck because the male white tail deer’s new antlers begin to push through their foreheads covered in velvety fur.

When the process do run smoothly then best result can be seen in the Capital Gains Tax Valuations method. Best result do show the efforts and the accuracy level of the procedure of valuation. If the process do runs smoothly then it do help for increase in number of user of valuation. July is special with abundance of everything in nature from sunrise to sunrise. July is the scent of bridal wreath, mock orange, and sweet peas growing on the garden fence. The color of July is corn flower blue; day-lily gold trimmed with the lace of daisies scattered throughout the fields.

Mother Nature was forced to redress many of the mountain trees, expending double the amount of energy this year. July is a month in which Mother Nature pauses for a couple of weeks, catches her breath before the later part of the month arrives prodding the seeds, pods, and fruits to produce their own. July is a favorite wren bursting with song at first light outside the window, announcing that babies are out of the nest, and that she is ready to begin a new clutch any day.

What is still not clear from the document is that the commission charges are paid by the client. To really ram this home, the document needs to contain explicit wording and an example of the total amount of commission payable on a product purchase, otherwise this is open to adviser interpretation. The direct clients interviewed had been selected on the basis of having started some form of long term savings. They considered themselves financially aware, some considered themselves experts, however when they saw the rates of commission being paid to direct advisers they were shocked.

As mentioned earlier, the notes were generally ignored in the interview situation. Where the ‘adviser’ talked them through, most listened politely, often with glazed expression, without necessarily understanding the meaning. When the researcher probed, post interview, it was clear that some found the terms difficult to grasp. For the document to be of benefit to the customer the notes do need to be put in plain English and the notes need to be bulleted. If the notes are not clear, there could be a concern that it defeats the purpose of the document and things will go as per Commission Disclosure in the early 1990’s.

Across the one to one interviews, some respondents were shown the document with the market rate included and some without, the overall conclusion is that all respondents want to be able to put the rates being charged within the context of the market. The big concern with the market rate is the source, it needs to be set independently and if there were a note explaining that is was set by a regulatory body or authority it would hold more credence. for more info : Valuations SA

In most cases, the process encouraged respondents to ask questions and respondents seemed to be left with a good understanding of both the charging structure and the process In the group discussions all sorts of questions came unprompted from respondents when they had read the documents through, particularly about the levels of commission and when it would be taken from the product and what the market rate was based on. Both in the group discussions and the one to one interviews most respondents believed that this document would give them the opportunity to compare charges with other advisers.
Last month, we told you about a new security of payment inquiry initiated by the Queensland Minister for Public Works and Housing, Ray Connor. Since then, successfully sought changes to the terms of reference of the inquiry as well as the membership of the Committee of Inquiry; prepared a submission to the Inquiry strongly opposing any legislative changes that would disadvantage clients of the construction industry.



Now the threat of draconian legislation has re-emerged in New South Wales. George Souris, a former Minister in the Fahey Government, has proposed a private members bill called the Subcontractors Protection Bill. This is attractive examination practice and one not routinely suggested by a skilled real estate appraiser. This is despite the finding of an independent report commissioned by the former Fahey Government that found legislation is unnecessary.

The Bill would allow subcontractors to unilaterally change contractual obligations before they have done any work or suffered any loss. Subcontractors would also be able to change the nature of contracts up to three months after a project is completed. In short, the Bill is anti-customer. BOMA has approached the Government and the Opposition stating our staunch opposition to the Bill, explaining the consequences for building owners and home buyers and seeking urgent meetings with relevant ministers and shadow ministers.

WA is being warmed up for new legislation - the Law Reform Commission is examining mandatory security of payment provisions including statutory trusts, covenants, and implied conditions. BOMA has made a submission strongly rejecting such measures. The Bill seeks to completely alter the roles of clients and subcontractors. Should the Bill be passed by Parliament, clients will be forced into contractual relationships with subcontractors and required to bear liabilities associated with breakdowns in the relations between builders and subcontractors.

The Goss Government was a staunch advocate of legislative measures to ensure payment of subcontractors and suppliers. Contrary to expectations, it seems the change of Government has not tempered the mood on this issue in Queensland. BOMA strongly supports sensible business practices that ensure subcontractors are paid for completed work.



subcontractor groups over recent years are of great concern to investors. In particular, various subcontractor groups have proposed. BOMA is already on record with sensible recommendations for better security of payment, focusing on proof of payment clauses for head contracts and careful selection of head contractors with sound financial backing. We have also been strong advocates of financial and business training for small businesses in the construction industry. BOMA is working with representatives of State and Territory governments to promote these reasonable measures.

The aim of the review is to secure BOMA's leadership in the property industry at a time of fundamental structural change. One issue on the table is the name of the organisation that started in 1969, taking its inspiration from a United States organisation of the same name. The name Property Council of Australia will be considered by National Council and if passed, put to a vote of all BOMA members.

National Council members will on Friday also take part in BOMA's annual corporate members' forum, known as the Roundtable. Speakers at this event will provide in-depth briefs to about 60 BOMA corporate member delegates on a broad range of economic and investment issues, from property trusts, retail and tourism to specialist financial techniques.

Chris Caton, Chief Economist of Bankers Trust, will present an analysis of economic performance in Australia, and Wendy McCarthy, Chair of the Australian Heritage Commission, will speak on the issue of heritage. The land valuations will make your house more valuable in the real estate field but the process should get conducted by only experienced property valuers.

Trading hours is again taking up space on the political map in a number of States. Attached is the executive summary and contents page of BOMA's 126 page submission to the Queensland Government inquiry on shop trading hours in Queensland, chaired by Sir William Knox. BOMA is strongly supporting the extension of shop trading hours in Queensland.

BOMA Queensland has already generated some excellent publicity on this issue. The Retailers Association of Queensland (RAQ) has also prepared a submission with similar recommendations to BOMA's. BOMA is liaising closely with the RAQ.



The A.C.T. Government has announced its policy of complete deregulation of shop trading hours, except for food supermarkets (greater than 400 square metres) in 'town centres'. Although free to trade 7 days, there are evening restrictions on supermarkets in these major city and suburban shopping centres. The Trading Hours Bill 1996 to implement these changes was passed in Assembly on 28th June.

argued strongly for extended trading hours - particularly Sundays - and for a level playing field for all retailers. BOMA has met recently with the responsible Minister who has indicated his support for an inquiry into trading hours. A follow up meeting is being convened. Governments in Western Australia and South Australia are not contemplating any further extensions to trading hours at this time.

In New South Wales, the Government has rejected the attempts by a vocal group of small retailers in the Newcastle area to have restrictions placed on trading hours in large shopping centres and large retailers. BOMA made a submission to the Hunter Valley Research Foundation commissioned by the State Government to study the impact of extended trading on small businesses in the area.

In New South Wales, the Government has rejected the attempts by a vocal group of small retailers in the Newcastle area to have restrictions placed on trading hours in large shopping centres and large retailers. BOMA made a submission to the Hunter Valley Research Foundation commissioned by the State Government to study the impact of extended trading on small businesses in the area.

agreed with BOMA and recommended that no special trading hour’s restrictions should be placed on any group of, or all, retailers. Property valuation course alludes to processing the genuine worth and estimation of a business and private property.Under a newly developed Internet service designed specifically for buildings, offices will be able to communicate via video conference anywhere in the world for the price of a local telephone call.

new Internet application tenants will be able to access the world wide information system without complex telecommunication equipment. Using a Building Internet Connection (BIC) unit, tenants need only plug their computer directly into the standard socket to access information and communicate via e-mail around the world.

Property Council of Australia delegates were treated to a hands on demonstration of the commercial applications of the Internet and its relevance to the property industry at the 1996 National Congress in Perth today. We now have the technology to allow buildings to communicate with any other building anywhere in the world giving each tenant separate secure Internet access, said Matthew Barrelle, corporate operations chief for Magna Data, one of the sponsors of the Internet Cafe at the Congress.



We showed delegates who had limited internet knowledge the advantages of its application to the property industry, Barrelle said.The Government established two advisory commissions to consider likely developments in the technology, and address broader issues regarding the use and acceptance of genetic modification after a public review of the regulatory system.

Reduction of local council rates by 25 per cent, stamp duty by 50 per cent and tax compliance costs by between 30 and 50 per cent are among the key strategic targets of the newly formed Property Council of Australia, previously the Building Owners & Managers Association.

Chief Executive Mr Peter Verwer also said the new organisation would strongly advocate the re-engineering of local government: between half and two thirds of local governments (which he described a 19th century concept) could be merged? he said. The key was to form partnerships with local councils and work constructively with them to achieve greater efficiencies. This would bring benefits for both rate payers and the property industry.

Mr Verwer was delivering his first public address as chief executive of the newly formed association, launched at the opening of the association's annual Congress in Perth - this year attracting nearly 900 top level property delegates from around Australia.

Among the chief roles envisioned for the Property Council were to support the property industry in its aims to take risks, satisfy markets, create wealth, phase out land tax, streamline development control practices merge local governments and make the Australian property industry internationally competitive. By having land valuations process you will make your home more worth in light of the way that you will can know your home cost. This is an industry with a palpable product. We create the infrastructure that allows others to create their own wealth, Verwer said.

Rapid technological change is affecting the role of corporate real estate management forcing property managers to re-think the role of real estate in the function of the company.For conducting the full valuation of property it is necessary to conduct the property valuation process the property which has the requirement.



Verwer said one of the main goals of the Property Council was to phase out land tax. He said the Property Council has already obtained an iron clad promise that land tax in Queensland will be phased out over the next 10 years, adding that 'there is no reason we can't roll that around the country as a whole. "I came in at 7 this morning and they were already calling and coming in," said The Property Council will also push strongly for the development of a nationally consistent building code with no variations.Phasing out remaining impediments such as unnecessary regulation and taxes mean more work, better returns and a stronger bottom line, Mr Verwer said. Quoting from information technology guru and visionary for the future Bill Gates, Mr Verwer said: 'In the future capitalism will be frictionless.

He announced the formation of an information Clearinghouse that would invest the Property Council of Australia with the richest data bank of relevant information in the country to create an instant source of reliable information from which to benchmark, and for the first time to "truly compare like with like".

It would also smooth the way for international benchmarks, he said. Our focus very clearly is to grow property into an attractive internationally competitive asset class equal to alternative such as bonds and equities, Mr Verwer said.

The Property Council aims to help all property owners improve value of their businesses by meeting the changing needs of the market. It is only a group like the Property Council of Australia that can provide a framework for doing business. The Property Council's vision is to be Australia's most respected and influential industry association.

Corporate, including institutions and governments are now embracing real estate as an essential resource to the management of business and this change in philosophy will have significant implications for management structures, service provider relationships and the workplace of the future.These were the key points of the Property Council of Australia Leading Edge Research report on Corporate Real Estate; The New Reality presented by Price Waterhouse at the 1996 Property Council of Australia National Congress in Perth today, which is being attended by nearly 900 delegates.



Guest speakers Rob Reilly, Manager of Corporate Real Estate (CRE) with Price Waterhouse in Boston, Mass. USA said CRE must be regarded as the fifth estate of business and that old notions of CRE management are obsolete and represent unnecessary costs to the company. In the information technology market, reduction of overheads is as important as profits, Reilly said.

Guest speakers Rob Reilly, Manager of Corporate Real Estate (CRE) with Price Waterhouse in Boston, Mass. USA said CRE must be regarded as the fifth estate of business and that old notions of CRE management are obsolete and represent unnecessary costs to the company. In the information technology market, reduction of overheads is as important as profits, Reilly said. house valuations for mortgage purposes make the process conduction with the easiest way and people faces successful process for valuing the house and find the price of your house.

Through rapid technological advances the opportunities are tremendous for CRE managers to create changes. Reilly pointed to virtual offices and trends in home retail shopping, banking and outpatient health care treatment (to illustrate how technology is challenging conventional notions of CRE management saying it is no longer necessary for companies to limit themselves to CBD office blocks and buildings.

However he said a lot of corporate have blind agreement that this is the way to go. Mark Davidson, Head of Property for Price Waterhouse, introducing Reilly said Corporate real estate is the hottest property area in the market. CRE is to the 90s what securitisation was to the 80s. The Leading Edge Report said Having capital tied up in bricks and mortar may prevent a corporate from investing in other investments which provide a higher return to the shareholders.

By deploying capital to invest in higher yielding core business activities, (cooperates) will consider the value of their real estate in the open market. The Property Council of Australia was today launched as the new identity of the former Building Owners & Managers Association.In-migration coupled with outcommuting amongst those with few immediate demands on the rural economy has a cumulatively adverse impact.



The tourism industry must change from an occupancy based mentality to a yield mentality, according to David Conners, Managing Director of the Thakral Group, which controls 2360 hotel rooms across Australia.The way you manage your hotel assets - your asset management -can make a real difference to the yield and the bottom line, he said. For instance room rates might be raised by $10 a night but most of that $10 can be lost through poor asset management.

Mr Conners was speaking at the Property Council of Australia's tourism session at the association's annual Congress in Perth which this year has attracted more than 900 top level property delegates from around Australia - A record number for recent years. He was joined in the session by Mr Daryl Courtney O'Connor of the Touraust group which runs the Country Comfort chain of hotels and Mr Jim Sloman of Civil and Civic.

Mr Conners warned owners to examine the owner-operator relationship closely, to run a tight ship and to be aware of being in the right destination just like any other business. He also stressed the importance of inbound tourism - at around 9 per cent a year compared with domestic tourism's average of 5 per cent growth a year.Eventually one thing you have to audit is that while doing property valuation training process you should constantly take case that simply an insisted and experienced property valuer is doing that system to keep up a key separation from any kind of peril or crash or any kind of budgetary scene.

By contrast Mr DaryI Courtney O'Connor highlighted domestic tourism's 75 per cent of market share and growth rates projected to add an extra 26 million visitor nights each year.

Civil and Civic's Mr Jim Sloman focused on management issues and statistics in his presentation to Property Council Congress delegates, saying what the industry needed was a unified voice, better information to more effectively compare the sector with other asset classes, and the realisation that tourism does not only relate to hotels but also impacts-on retail.

Events led tourism was also significant, he said. For instance The Phantom of the Opera musical added $180 million to the Sydney economy during its run, with 39 per cent of ticket sales going to tourists, predominantly domestic. Simply select an affirmed and experienced property valuer to perform your method of property valuation brisbane. On an international basis tourism worldwide absorbs around 11.4 per cent of the world's capital and contributes a similar amount to the GDP, whereas in Australia, it absorbs only about nine per cent of capital and contributes 11 per cent to GDP.



Property Council President Mr Jim Service, said BOMA had adopted the new identity to better reflect the growing importance of property for all Australians - from its role in providing a mature asset class that is internationally competitive to being the fuss for urban and environmental concerns.

The Building Owners and Managers Association (BOMA) was today relaunched as the Property Council of Australia as part of a wide-ranging strategic review of its role as chief advocate of the property industry. The Property Council of Australia was unveiled in Perth by Western Australian Premier Richard Court at the association’s annual Congress and welcomed by the Prime Minister - John Howard.

Property council President Jim Service said BOMA had adopted the new identity to better reflect the growing importance of property to Australia's economic prosperity in major sectors such as commerce, construction, industry, retailing, leisure and tourism. Mr Service said the new identity would also more accurately reflect the broad scope of the Council's members who range from institutional investors, developers and financiers to property managers, architects, engineers, and service providers.

It recognises the resources and talents of our diverse membership and their potential to provide focused leadership for an industry that produces greater opportunities for the whole community, he said. Our new name will help broaden property's influence and authority. Our vision is to be Australia's most respected and influential industry association and the time has now come to change our Corporate identity to match our ambitions. Mr Service said the strategic operational review was essential to meet the challenges of an industry undergoing radical change.
Critical issues facing the Property Council included demands from both private and public sectors that property work as an active and productive asset -as a fully integrated part of strategic Corporate goals - and no longer as a dormant or semi-dormant asset.



This was critical for investors because of increasing uncertainty in other investment areas. The Property Council would be making a stronger public stand to address broader economic issues that affect property, he said. It would also continue to push for a more common sense approach to regulations impacting on property, as well as more efficient and logical planning laws, said Mr Service.

We will continually enhance our information base with leading edges research in to all areas that add value to the property asset, from Corporate real estate and facility management to benchmarking, he said. This is because a smooth information flow with interactive capability is central to delivering products relevant to members' needs.

All expert valuation surveyors and valuers are doing a great job in the real estate field to perform the property valuation process.As we head toward the next millennium, property faces its biggest challenges and greatest potential for recognition of its contribution to meeting economic, social and human needs.

Professional career development would continue to be a key plank in the Council's charter to enhance development of the industry - as would its traditional networking opportunities. Mr Verwer said: The Property Council will also turn the spotlight on the value of the property industry to the entire community. This is a turning point for the industry. As leaders, we are ideally placed to anticipate changes and meet them with confidence.
Rents too, have sustained upward movement as demand has grown from institutional investors to increase exposure in the Brisbane market, while developers sourcing value-add stock have provided a platform for continued firming yields.Immediate supply is expected primarily from the southern and western corridors. The final stage of the Lytton Industrial Estate encompassing almost 50 hectares within the ATC will come onto the market in August 2006 with strong interest.



New warehouse construction, recognized for its improved design and technology benefits, now accounts for over two-thirds of all industrial commencements. The Factory category peaked during 2004 as a number of new projects including the expansion of the CUB plant at Yalata was reported.

The main reason why it is important to go through buying and selling of Melbourne Property Valuers with the help of an attorney is because of safety and security reasons. To retain good growth within the sector, future commencements will need to occur through new projects in the southern and western corridors as potential new supply in the north of Brisbane and Australia Trade Coast (ATC) nears exhaustion.

The last two years has seen industrial land value increase significantly, to levels between $230 to $400andsq m. This has been reflective of a strong investment market, improved rental returns and a correction after a number of years of minimal growth. Effectively the market has re-priced land with more recent deals above the $420/sq m level in the ATC as a lack of good access and fully serviced supply become more apparent in Brisbane.
Recent sales include the reported purchase of a 12.2 hectare site at Yalata by Australia Post for $18.13 million and Trinity’s acquisition of a 5.1 hectare site at Larapinta for $11.8 million. Prime industrial rents within Brisbane have seen solid growth over the last eighteen months with an annual increase of 7.58% to March 2006 to average $90/sq m. These increases can be attributed to owner occupiers absorbing greater levels of stock, the unbolting rise in construction costs and more recently the upward price movement of land.


One of the major concerns within the market is the issue of rental affordability. The reduced volumes in design and construct development, especially for larger end tenants, are reflected in the submission of unprecedented rental rates to support the current land cost / construction cost equation.

Few tenants are willing to commit either preferring to accept an increase in the existing rent that still shows a discount to the rent for a new building or consult the market for alternatives Therefore, short to medium term growth should continue, especially for sites with good service and access.

The strength of the investment market, and to a lesser degree, the leasing market has provided a platform for industrial yields in the prime market to firm solidly over the last 12 months, to range 7.00% to 8.50%. Property valuation solutions across our these business units – Commercial, Residential, industrial, hotels etc. Sales reflective of this yield range include 97-99 Cobalt Street, Carole Park for $6.1 million with a yield of 7.86% however, the sale of 45 Gosport Street, Hemmant, has defied this range.

The purchase price is reported as $14.25 million with an impending $2 million to be paid in 2008. We have therefore assessed the current market value as $13.95 million which results in an initial yield of 6.67%. Secondary yields are continuing to firm influenced by potential rental growth, which in turn is providing a reduced differential between the primary and secondary rates.
Competition for limited assets and a significant weight of capital within the market are expected to maintain the yield band relatively narrow. As shown in the chart overleaf, the house prices in rural areas in the South East are disproportionately high compared with urban areas as well as rural areas elsewhere in England. Average house prices in rural wards in the South East are 36% higher than average for rural wards in England and 22% higher than urban wards within the region.

It is expected that the strong demand for industrial property will be sustained until after 2007 as short-term sale stock remains limited and the requirement for well located and serviced buildings stays solid. Supply of industrial land in the Brisbane region will be reliant in the short term from Wacol, the Yatala Enterprise Area and the southern corridor near the Logan Motorway. The future supply focus is expected to be on the state-government designated areas of Bremer, Swanbank and in the medium term Ebenezer and Bremerton.



The expectation for the industrial rental market is for solid growth in the short-to-medium term as demand for well located and serviced buildings continues in a market, which is lacking rental stock. Book your property valuer online at cheapest prices before buy or sell your real estate property at affordable prices. Rental affordability will continue to be an issue especially for the large end design and construct market.

Foot and Mouth Disease (FMD) in 2001 brought the importance of tourism and its inter-dependence with land-based sectors to the fore. Although there were very few confirmed cases in the region, about one-third of businesses were affected by the epidemic2.This is not surprising given the availability and amenity of land in this location.

Over 270,000 sq m is still at DA approved stage and likely to enter the market in late 2006 and 2007. Similarly, another 270,000 sq m is currently DA applied and approximately 180,000 sq m at early planning stages with a further extended completion time frame.

There is much activity in the industrial development pipeline, however compared to previous years where 1 million plus sq m was recorded; development activity for 2006 is subdued. Landmark White’s Rent and Yield analysis for the June 2006 quarter has recently been completed to determine movements in rents and yields in the Sydney industrial regions. The rate of rental growth has been consistently increasing since September 1999, however research has found this to have stabilized over this last year.



The rate of rental growth has been consistently increasing since September 2004, and appears to of slowed down over this last year. While in a brick and mortar environment, your prospects could be existing customers, real estate agents, attorneys, banks and financial institutions, if you wish to have the same classes of customers coming to you on the internet, you must understand the importance of taking part in website competitions.

The Central West currently record net face rents of $126/sq m again a small growth in line with the previous two years of 0.40% per annum. While the big growth areas have been in Sydney’s West with the regions termed Outer South West and Outer West recording the highest rental growth.The Outer South West has achieved an average net rent of $92/sq m a large 2.79% increase over the past year, while the Outer West averages $102/sq m this too showing a good rate of growth of 3.03% over twelve months.