Valuation Program

The Hon. J.A. DARLEY (14:55): I seek leave to make a brief explanation before asking the Minister for Employment, representing the Treasurer, questions regarding the budget.

Leave granted.

The Hon. J.A. DARLEY: Between 1971 and 1979, a rolling five-year revaluation program existed in South Australia. This was replaced by a valuation equalisation system that was subsequently replaced in 1982 by an annual valuation system using computer-assisted calculations of valuations. This system still exists today and is a leader in Australia, if not the world. The 2016-17 state budget outlines that the Valuer-General will commence a five-year rolling revaluation program in conjunction with transparency and accountability initiatives. Can the minister provide further detailed information on this program and what it entails and what impact this will have on the Valuer-General's budget?

The Hon. K.J. MAHER (Minister for Employment, Minister for Aboriginal Affairs and Reconciliation, Minister for Manufacturing and Innovation, Minister for Automotive Transformation, Minister for Science and Information Economy) (14:56): I thank the honourable member for his question. On the subject of valuations, I would not even dare try to answer the question on behalf of the Treasurer, but I will pass that on to the Treasurer and bring back a reply.

The Hon. R.L. Brokenshire: Have a go!

The Hon. K.J. MAHER: I thank the honourable senator elect for his challenge to try to answer it, but I will not do that. I will bring back an answer from the Treasurer.