AgForce is urging Queensland landholders not to delay if they want to object to new land valuations – or risk being lumped with higher council rates and state land rent.
On 26 March 2024, the Valuer-General issued land valuations for 20 local government areas in Queensland: Banana, Barcoo, Bulloo, Bundaberg, Central Highlands, Cook, Diamantina, Fraser Coast, Gold Coast, Goondiwindi, Isaac, Livingstone, Longreach, Moreton Bay, Redland, Somerset, Sunshine Coast, Torres, Whitsunday, Winton.
The valuations reflect land values as at 1 October 2023, and are effective from 30 June 2024.
Some of the highest rises in primary production values are in Banana 154%, Barcoo 250%, Bulloo 252%, Central Highlands 121.3% Diamantina 254.6%, Longreach 151.2% and Winton 117.3%.
AgForce CEO Michael Guerin said the time for landholders to speak up was now, with objections needing to be lodged with the Valuer-General by the 27 May 2024.
“Unimproved values determine what council rates rural landholders pay and are also used to calculate leasehold rents, so it’s important the figures are right,” Mr Guerin said.
