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Standards
In a challenging professional indemnity market, the API constantly strives to engage with industry stakeholders to support its Members to obtain competitive and more favourable Professional Indemnity Insurance (PII) policy…
Standards
In a challenging professional indemnity market, the API is always looking for favourable PII policy terms for its Members. Through continued discussions with Woodina, Michael Wood, has informed us, for…
Standards
The Australian Accounting Standards board (AASB) has issued an exposure draft paper ED 320 Fair Value Measurement of Non-Financial Assets of Not-for-Profit Public Sector Entities. ED 320 proposes to add…
Standards
The Standard Steering Committee has updated the API/PINZ/NZIV guidance paper (GP) - Valuation of Rural & Agribusiness Properties (ANZVGP 109). This GP is effective from 1 July 2022, with earlier…
Standards
Developed by a coalition of more than 85 professional organisations, including the API, from around the world, IPMS for All Buildings aims to establish, for the first time, a globally…
Standards
To ensure you are kept up-to-date with the recent changes to the IVS, which came into effect on 31 January 2022, we are delighted to announce the launch of the…
Standards
With COVID-19 continuing to be an ongoing issue in 2022, we would like to remind Valuer Members that the advice in these protocols regarding inspections, data collection and disclosure requirements…
News
This Valuation Protocol, and its purpose, is to provide guidance for the completion of mortgage security valuations of residential properties for banks/lenders, and their LMIs utilising the PropertyPRO Report format.…
News
The IVSC has recently published a Perspectives Paper: Market Value: An Established Basis of Value as the second in a series designed to initiate discussion and debate on the topic…
Member Alert
The API is aware of NAB’s recent communication to its valuer panel firms as a result of NAB seeing an increase in valuer firm’s professional indemnity insurance (PII) policies containing development restrictions. NAB has communicated to its panel valuer firms who have…
News
The API has been advised that effective Monday 13 December 2021, QBE will be updating their LMI Guide to align with APIV Supervision Guidelines (Appendix C). The changes result in…
Standards
The IVSC has recently published a Perspectives Paper: ESG and Real Estate Valuation as the third in a series designed to initiate discussion and debate on the topic of ESG. Specifically, this paper focuses…