2021 Water Industry Asset Revaluation

During February, VicWater held a meeting of the 2021 Water Industry Asset Revaluation Working Group. The Working Group includes water corporations, VAGO, DTF, VGA and DELWP.

Working group members, led by the Valuer General Victoria, are now reviewing the valuation guidance prepared for the 2016 valuation to ensure requirements pertaining to the updated DTF Financial Reporting Directives are met. The next working group meeting will be held on March 20.