❓ Hon Robin Chapple questions the rationale behind rate reductions for empty mining camps in Karratha and asks if similar reductions should apply to residential property owners struggling with vacancies due to the housing market slump. The Minister explains the valuation process and previous rate reductions.
AnsweredQoN 1126Legislative Council
QuestionView source ↗
CITY OF
KARRATHA — RATES
1126. Hon ROBIN CHAPPLE to the minister
representing the Minister for Lands:
I refer to question without notice 979
asked in the Legislative Council on Tuesday, 15 September 2015.
(1) What was the
basis for lowering the council rates on empty mining camps that fall under the
jurisdiction of the City of Karratha?
(2) Should the
same rate reduction not then be applied to property owners in Karratha who are
unable to find tenants due to the slump in the housing market?
KARRATHA — RATES
1126. Hon ROBIN CHAPPLE to the minister
representing the Minister for Lands:
I refer to question without notice 979
asked in the Legislative Council on Tuesday, 15 September 2015.
(1) What was the
basis for lowering the council rates on empty mining camps that fall under the
jurisdiction of the City of Karratha?
(2) Should the
same rate reduction not then be applied to property owners in Karratha who are
unable to find tenants due to the slump in the housing market?
AnswerView source ↗
I thank the honourable member for
some notice of the question.
(1) When
circumstances change to the extent that a mining camp has reached the end of
its useful life, the owners can advise the Valuer-General of the change in
circumstances. If the mining camp is found to have no further use and when the
basis of rating is gross rental value, consideration will be given to issuing
an interim valuation to reflect the changed circumstances. The rate will then
be assessed on the amended gross rental value.
(2) The City of
Karratha was subject to general valuation by the Valuer-General as at a date of
valuation being 1 August 2014, at which time the gross rental values of
residential property in the city were reduced due to the easing demand and
higher vacancy rate reflected in the market rents. Overall, the gross rental
values of residential property applying from 1 July 2015 were reduced by 52 per
cent to reflect this.
some notice of the question.
(1) When
circumstances change to the extent that a mining camp has reached the end of
its useful life, the owners can advise the Valuer-General of the change in
circumstances. If the mining camp is found to have no further use and when the
basis of rating is gross rental value, consideration will be given to issuing
an interim valuation to reflect the changed circumstances. The rate will then
be assessed on the amended gross rental value.
(2) The City of
Karratha was subject to general valuation by the Valuer-General as at a date of
valuation being 1 August 2014, at which time the gross rental values of
residential property in the city were reduced due to the easing demand and
higher vacancy rate reflected in the market rents. Overall, the gross rental
values of residential property applying from 1 July 2015 were reduced by 52 per
cent to reflect this.
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