The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Investment may relate to: | concepts and plansstrategies and placement of capital in property for investmentproductive use of property and assetscustomer service outcomes. |
Parameters may include: | ability to control investmentadministrative talentbalancing a portfoliocapacity to improve assetscapital growth versus short-term gainscash flowsclass and type of propertydemographicsexit strategiesgearing possibilitiesgeographic aspectslimits to financial resourcesmarket standingreturn on investment |
| return versus risktaxation considerations. |
Relevant people may include: | accountantsagentsclientsgovernment personnelinterested partieslegal representativesmanagement and colleaguesmembers of industry associationstaxation specialists. |
Performance measures: | may include:quantitative and qualitative assessmentsmay be:financial and non-financialstatistical and non-statistical. |
Relevant information may include: | bank reportsbuilding codescurrent and planned property or site developmentsdeposited, survey and other plans and mapsdepreciation schedulesgeneral knowledge of industrygovernment statisticsindustry reports and indicesland title and zoningmarket intelligence from industry operators or other interested partiesmedia reportsperformance of comparable propertiespermits |
| published analytical reportstenancy and other contracts or leases. |
Sources may include: | consultantsinformation servicespress clippingspublished industry data, including industry indicesthird partiestrade journals. |
Industry benchmarks may include: | discounted cash flowemployment ratesindustry association performance indexinflation rateinternal rate of returnlife cycle costingpublished vacancies indextenancy mix. |
Analysis may include: | computer modellingexamination of cash flows and other financial projectionsexamination of collected dataquantitative and qualitative analysisprobability analysistime series recognition. |
Legislative requirements may be outlined and reflected in: | Australian standardsgeneral duty of care to clientshome building requirementsprivacy requirementsrelevant federal, and state or territory legislation that affects organisational operation, including:anti-discrimination and diversityenvironmental issuesEEOindustrial relationsOHSrelevant industry codes of practice covering the market sector and industry, financial transactions, taxation, environment, construction, land use, native title, zoning, utilities use (water, gas and electricity), and contract or common lawstrata, community and company titlestenancy agreementstrade practices laws and guidelines. |
Organisational requirements may be outlined and reflected in: | access and equity principles and practice guidelinesbusiness and performance planscomplaint and dispute resolution proceduresgoals, objectives, plans, systems and processeslegal and ethical requirements and codes of practicemission statements and strategic plansOHS policies, procedures and programspolicies and procedures in relation to client servicequality and continuous improvement processes and standardsquality assurance and procedure manuals. |
Comparative market data may include: | best practice informationnational and international benchmarkinginter-organisation comparison data. |
Risk may relate to: | age of propertyasset allocation and investment spreadborrowing riskgearingcomparative risk against alternative in investmentscompetitive developmentexit strategy and investment scenario analysisinterest rateslevel of regulation |
| lifestyle choicesmarket and property sector risks, including:fluctuations in economic cycleinterest ratesstock markettechnology in usetenancy securityvolatility of income and capital. |
Business equipment and technology may include: | data storage devicesemailfacsimile machinesinternet, extranet and intranetphotocopiersprintersscannerssoftware applications, such as databases and word applicationswork computers. |
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