Development Victoria 2025-26 annual report
- Total revenue and income from transactions
- $311.1 million
- Printed as $311,136 thousand · Report, page 43
Summary
The report's own summary: Foreword, page 3
Generated summary: written by an AI model from the report text and checked against the cited pages.
Development Victoria’s 2025–26 report covers its housing, land development and civic infrastructure projects.
The agency reported supporting 6,270 jobs and generating $904 million in development and infrastructure investment.
It reported that 44% of homes sold and settled were classified as affordable, above its 10% target.
It reported a comprehensive loss of $127.99 million after recognising $110.05 million in impairment charges on its land inventory.
In the body's own words
- Finding
Consequently, Development Victoria reported a comprehensive loss of $127.99 million.
Finances 4
Total revenue and income from transactions
$311,136 thousand
Printed as
Total revenue and income from transactions 311,136 403,746
Total expenses from transactions
$(329,637) thousand
Printed as
Total expenses from transactions (329,637) (393,288)
Employee benefits
$(40,216) thousand
Printed as
Employee benefits 3.3.1 (40,216) (41,733)
Net result
$(127,987) thousand
Printed as
Net result (127,987) 1,333
Staff 2
Total
362 people
Printed as
Executive 65 63 0 0 0 65 63 Total 362 345 231 46 266 85 80
Total
345 FTE
Printed as
Executive 65 63 0 0 0 65 63 Total 362 345 231 46 266 85 80
Executives and remuneration 4
Remuneration received or receivable by the Accountable Officer
$660,000 - $669,999
Printed as
during the reporting period was in the range: $660,000 - $669,999
Total remuneration
$20,241 thousand
Printed as
Total remuneration (a) 20,241 20,404
Total number of executives
76
Printed as
Total number of executives (b) 76 78
Total compensation
$3,758 thousand
Printed as
Total compensation (a) 3,758 3,979
Consultancies 48
total expenditure incurred during the reporting period in relation to these consultancies
$2,870,705
Printed as
The total expenditure incurred during the reporting period in relation to these consultancies is $2,870,705 (excluding GST).
Arthur J. Gallagher & Co (Aus) Limited
$20,000
Printed as
Arthur J. Gallagher & Co (Aus) Limited Professional Services and Advice $20,000
AtivasInc Pty Ltd
$12,500
Printed as
AtivasInc Pty Ltd Professional Services and Advice $12,500
Barnes, Emily Jean T/A Carta Strategy
$51,900
Printed as
Barnes, Emily Jean T/A Carta Strategy Professional Services and Advice $51,900
Blak Wattle Consulting Pty Ltd
$14,234
Printed as
Blak Wattle Consulting Pty Ltd Professional Services and Advice $14,234
Centre For Strategic Communication Excellence Pty Ltd
$35,000
Printed as
Centre For Strategic Communication Excellence Pty Ltd Professional Services and Advice $35,000
Charter Keck Cramer Pty Ltd
$35,000
Printed as
Charter Keck Cramer Pty Ltd Professional Services and Advice $35,000
Deloitte Touche Tohmatsu
$122,000
Printed as
Deloitte Touche Tohmatsu Professional Services and Advice $122,000
Envand Pty Ltd
$10,920
Printed as
Envand Pty Ltd Professional Services and Advice $10,920
Fair Supply Analytics Pty Ltd
$40,000
Printed as
Fair Supply Analytics Pty Ltd Professional Services and Advice $40,000
Ingrid Langtry
$12,000
Printed as
Ingrid Langtry Professional Services and Advice $12,000
M21 Advisory Pty Ltd
$10,280
Printed as
M21 Advisory Pty Ltd Professional Services and Advice $10,280
Maddocks
$54,699
Printed as
Maddocks Professional Services and Advice $54,699
Solentive Systems Pty Ltd
$35,000
Printed as
Solentive Systems Pty Ltd Professional Services and Advice $35,000
The Reputation Agency Pty Ltd
$17,863
Printed as
The Reputation Agency Pty Ltd Professional Services and Advice $17,863
The Trustee For Levant Consulting Trust
$141,173
Printed as
The Trustee For Levant Consulting Trust Professional Services and Advice $141,173
The Trustee For The Ashurst Risk Advisory Trust
$75,000
Printed as
The Trustee For The Ashurst Risk Advisory Trust Professional Services and Advice $75,000
Think Impact Pty Ltd
$13,200
Printed as
Think Impact Pty Ltd Professional Services and Advice $13,200
Allens
$193,480
Printed as
Allens Professional Services and Advice $193,480
Az Share Investments Pty Ltd & Others T/A Urban Planning Col
$14,648
Printed as
Az Share Investments Pty Ltd & Others T/A Urban Planning Col Professional Services and Advice $14,648
Catalyst Development Services Pty Ltd ATF Pinan Business Trust
$26,063
Printed as
Catalyst Development Services Pty Ltd ATF Pinan Business Trust Professional Services and Advice $26,063
CBRE (C) Pty Ltd
$25,000
Printed as
CBRE (C) Pty Ltd Professional Services and Advice $25,000
CBRE Valuations Pty Limited
$65,000
Printed as
CBRE Valuations Pty Limited Professional Services and Advice $65,000
Charter Keck Cramer Pty Ltd
$155,050
Printed as
Charter Keck Cramer Pty Ltd Professional Services and Advice $155,050
Clayton Utz (Melbourne)
$110,651
Printed as
Clayton Utz (Melbourne) Professional Services and Advice $110,651
Cushman & Wakefield (Valuations) Pty Ltd
$188,880
Printed as
Cushman & Wakefield (Valuations) Pty Ltd Professional Services and Advice $188,880
D'Amico Family Trust & Others T/A Ratio Consultants
$30,187
Printed as
D'Amico Family Trust & Others T/A Ratio Consultants Professional Services and Advice $30,187
Deep End Services Pty Ltd
$21,655
Printed as
Deep End Services Pty Ltd Professional Services and Advice $21,655
DKO Architecture (Victoria) Pty Ltd Atf DKO Architecture (Victoria) Pty Ltd Unit Trust
$45,000
Printed as
DKO Architecture (Victoria) Pty Ltd Atf DKO Architecture (Victoria) Pty Ltd Unit Trust Professional Services and Advice $45,000
Global Art Projects Pty Ltd
$23,520
Printed as
Global Art Projects Pty Ltd Professional Services and Advice $23,520
Hayball Pty Ltd
$19,510
Printed as
Hayball Pty Ltd Professional Services and Advice $19,510
Jones Lang Lasalle Advisory Services Pty Limited
$125,481
Printed as
Jones Lang Lasalle Advisory Services Pty Limited Professional Services and Advice $125,481
KPMG1
$658,463
Printed as
KPMG1 Professional Services and Advice $658,463
Lucid Consulting Engineers (Vic) Pty Ltd
$24,160
Printed as
Lucid Consulting Engineers (Vic) Pty Ltd Professional Services and Advice $24,160
Mesh Livable Urban Communities Pty Ltd
$77,250
Printed as
Mesh Livable Urban Communities Pty Ltd Professional Services and Advice $77,250
Michelle Tabet Pty Ltd T/A Left Bank Co
$25,032
Printed as
Michelle Tabet Pty Ltd T/A Left Bank Co Professional Services and Advice $25,032
Minter Ellison
$14,649
Printed as
Minter Ellison Professional Services and Advice $14,649
Navy Blue Planning Pty Ltd
$24,070
Printed as
Navy Blue Planning Pty Ltd Professional Services and Advice $24,070
NJ Abrahams & Others T/A Norton Rose Fulbright Australia
$52,288
Printed as
NJ Abrahams & Others T/A Norton Rose Fulbright Australia Professional Services and Advice $52,288
One Mile Grid Pty Ltd
$22,050
Printed as
One Mile Grid Pty Ltd Professional Services and Advice $22,050
Purcell Architecture Australia Pty Ltd
$11,750
Printed as
Purcell Architecture Australia Pty Ltd Professional Services and Advice $11,750
Sixone Property Group Pty Ltd
$17,600
Printed as
Sixone Property Group Pty Ltd Professional Services and Advice $17,600
The Trustee For Dalton Consulting Engineers Unit Trust T/A D
$12,000
Printed as
The Trustee For Dalton Consulting Engineers Unit Trust T/A D Professional Services and Advice $12,000
The Trustee For Ns Development Advisory Trust
$60,000
Printed as
The Trustee For Ns Development Advisory Trust Professional Services and Advice $60,000
The Trustee For Plan4 Trust
$15,000
Printed as
The Trustee For Plan4 Trust Professional Services and Advice $15,000
TSA Riley Pty Ltd
$38,500
Printed as
TSA Riley Pty Ltd Professional Services and Advice $38,500
Victorian Government Solicitor's Office
$42,310
Printed as
Victorian Government Solicitor's Office Professional Services and Advice $42,310
WTP Australia Pty Limited
$30,689
Printed as
WTP Australia Pty Limited Professional Services and Advice $30,689
About the document
- Edition
- Current edition
- Reading status
- Read by OPAX
- Pages
- 63
- Figures not found in the report
- Executive average remuneration; Executive band