House of Assembly: Thursday, August 10, 2017

Contents

Land Services SA

Mr MARSHALL (Dunstan—Leader of the Opposition) (14:47): Will all property valuations going forward be conducted by the private sector?

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy) (14:47): Yes, but the Valuer-General, the Registrar-General and the Surveyor-General retain their independent statutory powers to disagree at any time. The Valuer-General is supreme in this area. If the Valuer-General disagrees with a private valuation made by the new consortium operating our lands titles service, the Valuer-General will have the final say on that. That is a risk they took when they purchased this asset.