❓ Mr. Zempilas asks the Treasurer about the Department of Treasury and Finance's land transfer policy, its development timeline, consultation process, and objectives. The Treasurer provides a brief update on the policy's purpose, consultation, and current status.
AnsweredQoN 1612Legislative Assembly
QuestionView source ↗
The Office of the Auditor General's (OAG) Report on Financial Audit Results – State Government 2025 released on 3 December 2025 notes that the Department of Treasury and Finance is finalising a land transfer policy to provide clarity to all relevant parties on the land valuation options available to be applied when land is repurposed by Government. Can the Treasurer please advise: (a) When did the Department of Treasury and Finance commence work on this policy; (b) When is it scheduled for completion; (c) How will it be communicated to entities; (d) What was the catalyst for the Department to work on this policy; (e) Who is being consulted on the policy; and (f) What specific issues does the policy seek to address?
AnswerView source ↗
Answered
17 February 2026
Response time
1 days
(a)-(f) The Department of Treasury and Finance initiated work on a land transfer policy to ensure greater consistency, transparency and alignment with accounting standards across all agencies.
The Department has consulted the Office of the Auditor General, Landgate, the State Solicitor’s Office, and several agencies with significant land holdings or regular involvement in land transfers.
The land transfer policy is now under final review.
The Department has consulted the Office of the Auditor General, Landgate, the State Solicitor’s Office, and several agencies with significant land holdings or regular involvement in land transfers.
The land transfer policy is now under final review.
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