Valuers must abide by the Standing Instructions, a rulebook created by banking industry regulators. If your business depends on the results of a residential bank valuation, you need to understand the rules of the game. Playing [...]
An unexpected benefit of Covid-19 has been the chance to take stock and re-evaluate what the most important things are in life. The ultimate conclusion – we want to live a better lifestyle. Tim Stafford, Head of Research at WBP Group, looks into this [...]
In June 2020, Prime Minister Scott Morrison announced the introduction of HomeBuilder, a $25,000 grant for any new residential build or substantial renovation. Tim Stafford, head of research at WBP Group, looks at why this grant was necessary, its impact on the residential construction [...]
Have you ever read through a bank valuation and thought this valuer has no idea what they're doing. How could they have possibly arrived at that figure! While it's frustrating to receive a valuation that does not meet your expectations, keep in mind, valuers [...]
Property valuers have a reputation similar to AFL umpires. An umpire must provide an opinion based on their interpretation of a set of rules created by the AFL commission. And sometimes, they cop abuse for doing so! If you sat and watched a game [...]
