The big property issues up for debate
“Until recently, Queensland had a myriad of legislation covering various resource types,” Daly International director of Project Services Paul Larcher said.
Mr Larcher said the introduction of the Land Access Code in 2010 simplified legislation and documentation requirements. “It was a great step forward – but the other states are yet to catch up,” he said. Another important issue was how compensation was determined, as well as how developers should communicate with affected communities, he said.
Development manager Jeremy Bierer said he had noticed a growing sophistication in the way energy developers were approaching land access and community consultation.
“Developers are increasingly taking a more professional approach. They’re engaging consultancies like Daly International to manage this work,” Mr Bierer said.
He said that energy developers could turn to more established industries for insights.
“CSG is facing the same issues as [the] telecommunications industry was 20 years ago,” he said.
The impact of the energy sector on property values is also a topic garnering debate; the NSW Valuer General recently conducted a study to determine what impact, if any, CSG development had on property values. Mr Bierer said the report was expected to be issued in 2014.
“We look forward to seeing some tangible evidence to settle this debate,” he said.
Daly International helps developers take a professional approach