Phil Western | Colliers International | Sydney CBD

Phil Western

CPP, CPV, FAPI, FRICS

National Director, Government Property Services

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About

Professional Summary

Phil leads the Colliers Australia, Government Property Services team, delivering Valuation and Advisory services to our many Government clients, at a Federal, State/Territory and Local Government level.

With in excess of 30 years experience in the Australian and New Zealand Government property sector, Phil brings an extensive, indepth understanding of Government property, asset strategy, Government relations, risk management, quality asssurance, governance and a diverse knowledge of a range of regulations and legislative frameworks.

Phil has a highly specialised knowledge and expertise in the valuation of Government property assets, at a Federal, State and Local Government level for the purposes of financial reporting, and  Treasury reporting requirements. Additionally, Phils expertise covers advice to clients on strategic asset management, as well as property tax (including valuations for Council rating and State land tax), advice to clients, both Government and private.

Of note, Phil was the New South Wales Valuer General for 11 years until late 2014. In this role, Phil was responsible for a valuation system that provided annually in excess of $3 Billion in land tax revenue for the State government and in excess of $4 Billion in rates revenue for local government councils. Phil was responsible for some significant enhancements to the valuation system, including improved transparency of valuations and supporting information being provided to land owners. 

Accomplishments

 

  • Valuation of the NSW Crown Land Estate (CLE). Comprising approx 42% of the NSW total land area, the CLE occupies approx 34 million hectares of land, with a diverse range of uses from reserves through to commercial property(including marinas, kiosks, restaurants and caravan parks). It also includes the Three Nautical Mile zone (3NM zone). The  3NM zone comprises land below high water mark along the coastline of NSW and extending three nautical miles into the ocean. The net area of the 3NM zone is about 833,390 ha.The assessed fair value of the CLE is approximately $12.5 Billion.
  • In 2016, Phil oversaw the valuation of Snowy Hydro Limited for the purposes of financial reporting. This complex and geographcally dispersed proeprty asset required the valuation of the land and Buildings, as well as the plant and equipment, much of which was very specialised. The project was completed on time, to the required quality level, and passed audit scrutiny.
  • In 2017-2018, Phil oversaw financial reporting valuations for the Department of Prime Minister and Cabinet. The project invloved properties located in relatively remote locations such as Nhulunbuy and Kalgoorlie. It also involved the valuation of well known proeprty holdings including Kirrabilli House in Sydney, and The Lodge in Canberra. The assignment also included the valuation of fine arts, as well as antique furniture, paintings, and other artifacts.
  • In 2018, Phil oversaw the valuation of the valuation of the NSW National Parks and associated Reserves and easements for the office of Environment and Heritage. It invloved the valuation of approx. 936 properties with a total fair value in excess of $2.1 Billion. The project was completed on time, to the required quality level, and passed close and detailed audit scrutiny.
  • Phil also had oversight of the valuation of Fire and Rescue - NSW property assets. Principally this involved the valuation of land and building occupied by fire stations, offices, training centres and heritage buildings. Again these valuations and required reporting were completed on time and to the clients satisfaction.

Education

Bachelor of Agricultural Commernce (Valuation and Farm Management), Lincoln College, University of Canterbury, New Zealand

Memberships & Involvements

Fellow of the Australian Property Institute (FAPI)

Fellow of the Royal Institute of Chartered Surveyors

Certified Practicing Valuer (CPV)

Certified Property Practitioner (Government) CPP(Gov)

National President - Australian Property Institute (2011 & 2012)

Phil was recently appointed as one of eight (8) members from around the world to the International Valuations Standards Council (IVSC) Board responsible for Membership and Standards Recognition.

Member of the International Property Tax Institute (IPTI) Global Advisory Board. IPTI is IPTI is a not-for-profit organization with a goal to advance and foster property taxation and assessment ideals on an international level.

 

Services

Service Lines
Valuation and Advisory Services

My Team

My Team

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