News
Professional Indemnity Insurance in the Australian Market
The API has been made aware of a professional indemnity insurance (‘PII’) policy on the market, such as that covered in this article. Members may be aware of a recent…
Knowledge Hub
Find the latest news, alerts and content from the API
News
PropertyPRO
Member Reminder: Correct use of PropertyPRO Reports
The PropertyPRO Supporting Memorandum (PPSM) provides the basis upon which Members of the Australian Property Institute (API) provide valuations of ‘single residential properties’ for first mortgage purposes using the PropertyPRO ‘API Residential Valuation and Security Assessment Pro-forma Report’ (Report).…
Standards
Member Advice - Valuations for HomeBuilder Scheme Application
This advice relates to requests from homeowner(s) for a valuation report that can be used as supporting evidence for an application for the HomeBuilder Scheme Grant. Valuer Members are reminded…
Standards
New World-Wide Fire Safety Standard Launched
The API is proud to announce the release of the International Fires Safety Standards: Common Principles (IFSS-CP) document by the International Fires Safety Standards Coalition (IFSSC) on 5 October 2020.…
Standards
ABFI Residential Valuation Standing Instructions Version 2.2.2 released
The Residential Valuation Industry Group (RVI Group) has conducted a review of V2.2.1 of the ABFI Residential Valuation Standing Instructions (ABFI RVSI), and have released a revised version (V2.2.2) which will come into effect on 4 October 2020 with…
PropertyPRO
PropertyPRO 2020 Resources updated 23 September 2020
As previously announced on 19 August 2020 the PropertyPRO Supporting Memorandum (PPSM) document has been updated and becomes effective on Sunday 4 October 2020. The API has updated the PropertyPRO 2020 Resources to include the latest…
News
2020 Excellence in Property Awards Finalists announced
The Australian Property Institute has today announced the finalists of its 2020 Excellence in Property Awards, celebrating outstanding achievement in the property profession. Australian Property Institute CEO Amelia Hodge said…
News
New State and Territory Committee Members
As part of the 2020 State and Territory Committee Nomination process the following members have been appointed to their respective committees. They join those members who are currently serving on…
Research Paper
The Road to Economic Recovery
Our recent Economic Recovery Series explored a range of topics focusing on what's in store for Australia as we gradually pass the peak of the COVID-19 outbreak. Hosted and moderated…
News
R U OK Day 2020
2020 is the year that no one could've predicted and more and more Australians are experiencing mental health impacts brought on by feelings of isolation and uncertainty. In 2009, after…
Member Alert
API/APIV Member Alert Update: Requests for Letters of Comfort/Material Change to Valuer/Market Update
This update clarifies and expands on the Member Alert published on Friday 21 August 2020. This updated Member Alert replaces the previous guidance. The purpose of this Member Alert is to provide API Valuer…
Member Alert
Requests for Letters of Comfort/Material Change to Value/Market Update
The purpose of this Member Alert is to provide API Valuer Members with guidance when requested to provide a ‘letter of comfort’ or ‘material change’ or ‘market update’ advice. Download…