Property valuers

From 1 March 2016, valuers do not need to be registered. This happened with the repeal of the Valuers Act 2003.

Reasons for the change

Ending registration for valuers was a recommendation from the Independent Pricing and Regulatory Tribunal report - Reforming licensing in NSW. The change brings NSW in line with most other Australian states and territories. It also supports NSW Government initiatives to remove unnecessary business regulation, helping to lift productivity and drive down costs for businesses and consumers.

Legislative changes

There were various amendments to other NSW legislation that previously referred to a registered valuer. All amendments are listed in the Regulatory Reform and Other Legislative Repeals Act 2015, which can be accessed from the NSW Legislation website.

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