ISV Presentation – 27 April 2018 Pene

The Victorian Government owns about a third of the State’s land Pene Worth approximately $114 billion… … And hundred’s of landholding agencies!

Land Use Victoria Org Structure Victorian Government Land Monitor Chief Executive Land Registry Services Strategic Land Assessment & Information Valuation Survey Spatial & government land information Government land advice Deliver the best possible public value from government’s land asset portfolio

How does government make decisions about land? Landholding agencies use land to deliver core services Competition through state budget process for acquisition of new land Policy landscape focussed on land transactions and ensuring transparency. Landholding policy and guidelines stipulate the circumstances under which government agencies can hold land “contribute directly to current or future service delivery” First right of refusal process utilisation Land transactions policy and guidelines stipulate how government land may be transacted Strategic Crown Land Assessment Policy and Guidelines outlines how government assesses the values of its land prior to transaction. Until recently there was no overarching view about government land priorities

Public value as the overarching objective of government land use Establishes public value as the overarching objective of government land use. Public value is defined as using or making decisions about government land which deliver intergenerational, social, economic and environmental benefits to the Victorian community. Principles to guide land use decision-making that provide public value: Focus on achieving positive social, environmental and economic benefits. Intergenerational equity impacts. Whole-of-government perspective. Engage and collaborate.

FUTURE USE OPTIONS PRESENTED TO DECISION-MAKERS Government Land Use Policy – maximising public value from government land Encourages agencies to maximise public value from their landholdings Fosters a strategic whole-of-government approach to future land use decisions​ Facilitates cross-portfolio opportunities, improves surplus land decisions Is not prescriptive; LUV delivers formal Strategic Land Use Assessments on a small number of selected sites Agencies asked to have regard to the policy and public value principles when making land decisions or providing advice to relevant decision-makers FUTURE USE OPTIONS PRESENTED TO DECISION-MAKERS

Importance of accurate land data Accurate, accessible, current land data is essential. Without it, government cannot properly assess public value, nor make informed decisions about the use of its land.  Landholding agencies will share their current and planned future land uses, annual land and government asset valuations, and any other available information with LUV. LUV will work with agencies to help improve the quality and accessibility of land information, and to link whole-of- government land information. LUV will regularly report to government on the state of its landholdings, identifying key trends, issues and opportunities. LUV will develop systems and spatial tools that enable better access to information about government land, working with agencies to ensure these meet their needs and assists them with their land management.