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531 Australian Valuation Office, Branch Office, Northern Territory
Date Range:1987 - 2014Description
The Australian Valuation Office delivered valuation services to the Commonwealth Government from 1910 and in Darwin from 1987. The office was shared for the South Australian and Northern Territory Regions from 1987 until 1990.
The Office closed nationally and an announcement made by the Parliamentary Secretary to the Treasurer on 24 January 2014 because the government service was no longer viable.Creation
Administrative Arrangements Order 24 July 1987Portfolio Controlling
Treasurer (Cth)Function/Interest
Land valuation servicesAbolition
https://ministers.treasury.gov.au/ministers/steven-ciobo-2013/media-releases/closure-australian-valuation-office"The Australian Valuation Office (AVO) will cease to provide services by 30 June 2014.
The AVO has delivered valuation services exclusively for the Government since 1910 but has become unsustainable and is expected to incur losses of up to $4 million this financial year.
The losses are forecast to get worse each year as the AVOs revenue declines sharply due to technological changes in the valuation industry and government departments decreasing their use of the AVOs services.
On top of the predicated losses, at least $1 million would have been required for the AVO to bring their IT equipment up to date.
A compelling case for the Commonwealth providing its own valuation services no longer exists, particularly given there is a highly competitive market of private sector providers.
The Parliamentary Secretary to the Treasurer, Steven Ciobo, said he paid tribute to those who have worked in the AVO. The organisation has a rich history and has assisted organisations over many years to meet policy outcomes and financial reporting requirements.
The Australian Taxation Office will work with affected employees and manage the wind-down period for the organisation, with up to 198 staff to be offered redundancies."
Legislation
NilOrganisations
| Period | Title | Group Id |
| 1987 - 2014 | Commonwealth of Australia | 1 |
Inventory of Series
| Series Id | Series Title | Series Date Range | Number of Units | Public Access | Location |
| NTRS 2034 | Valuation files, Hundred of Bagot (Location 055) | 1964 - 1994 | 28 | Agreement Pending | Darwin (NTAC) |
| NTRS 2037 | Valuation files, Town of Darwin (Location 200) | 1974 - 2000 | 116 | Agreement Pending | Darwin (NTAC) |
| NTRS 2038 | Administrative maps | 1995 - 1998 | 2 | Agreement Pending | Darwin (NTAC) |