Annual Report 2012 - The Australian Property Institute

The Australian Property Institute Annual Report | 2012Victorian DivisionThe Victorian Division achieved a healthy financial position in 2012. Membership levels wereretained, with a spike in the number of people seeking non CPV certifications. The CPDand Events program was significantly modified, with the API hosting the 2012 Pan PacificCongress, which attracted a number of interstate and international delegates.The Victorian Division’s commitment tothe Congress, both financial and in terms oforganisation and administration, meant thatexpenses were kept at a minimum. As such it isespecially pleasing that the Division continuedto deliver excellent member services, raisethe Institute’s profile in the public sphere, withgovernment and with financial institutions, and wasable to embark upon a number of projects detailedlater in this report.These achievements are a testament to theenthusiasm of all involved: staff, Councillors, inparticular Justine Jacono for her stewardship asVictorian President, and the numerous Board,Committee and Panel members for their ongoingdedication. The Victorian Division extendsits gratitude to Andrew Bell, the QueenslandExecutive Officer, who generously took over thefacilitation of the Pan Pacific Congress from June2012.“Business as Usual”MembershipThe API has a history of member basedservices and a commitment to providingleadership in its industry sector in bothprofessionalism and education.Membership numbers have been maintainedover the past few years because of activitiesincluding CPD, specialist certificates, networkingevents, professional standards and the LimitedLiability Scheme for valuer Members. The VictorianDivision is focused on encouraging new membersand creating a hierarchy for advancement andgrowth. Non-valuers need diverse programmesand resources which marry the new certificationsavailable. It is important that the internationalaffiliations of the API are recognised and promotedby the universities, which will encourage youngproperty professionals to join the API.Professional CertificatesSpecialist programmes have been developedin response to the public need for independentexperts in particular asset classes. The VictorianDivision will introduce programmes in addition tothe Specialist Water Valuer, Specialist Retail Valuerand the Giving Expert Evidence ProfessionalCertificate Program, designed to fulfil a marketdemand and to add value to API membership.Young ProfessionalsSupporting and developing our youngproperty professionals is crucial to the growthand relevance of the API. The Young PropertyProfessionals (YPP) consistently host fullysubscribed events and provide numerousopportunities for students and young professionals36