PROJECTS, INFRASTRUCTURE & LITIGATION

Overview & backgroundTaylor Byrne commenced operations in 1960 in Brisbane and has now grown to 21 offices throughout Queensland and New South Wales.In addition to our work throughout Queensland and New South Wales, we regularly undertake valuations throughout the Northern Territory and the Kimberley Region of Western Australia. Taylor Byrne provides a full range of valuation services and is well recognised for its strength in litigation and acquisition, mortgage security, family law and asset portfolio valuations.

Two former partners of Taylor Byrne have been members of the Queensland Land Court and our current Managing Director is a member of the Northern Territory Valuation Board of Review.

Taylor Byrne’s strength in the field of litigation regularly sees our valuers appointed to act as Experts by the Courts, the API and the various State Law Societies for matters such as commercial rental determination, compulsory acquisition, and partnership dissolution.

Valuations are only carried out by fully qualified valuers who are required to be as a minimum Associate level accredited members of the Australian Property Institute.

All commercial, industrial and special purpose valuations are completed by our highly experienced team of valuers.

The Projects Group is a specialist division within Taylor Byrne which provides valuation, negotiations and property advice to a wide range of Government and Corporate bodies, as well as private individuals, in regards to land acquisition for infrastructure projects.

These projects include road and rail corridors, powerline and gas pipeline corridors, dams, land acquisitions for mines and gas infrastructure, amongst others.

The Valuers within our Projects Division are specifically trained in land compensation and acquisition matters. Our Projects Group undertakes work throughout Australia, depending on our clients needs.

Geographical coverageTaylor Byrne operates primarily throughout Queensland and New South Wales, however our Projects Group undertakes valuations for acquisition and litigation purposes throughout Australia.

In those areas where we do not have a Taylor Byrne office, we have, depending on the needs of the project and the properties involved, access to a network of other property firms who can provide specialised local knowledge to assist with the project.

The valuers within our Projects Group are generally all Associate Members of the Australian Property Institute.

The special projects valuers have registrations in multiple states, allowing them to practise around Australia. The specialist knowledge of land acquisition within our Projects Group, combined with the local knowledge accessed through our Office network and affiliates, ensure that we can deliver the best outcome for our clients.

BrisbaneBundabergCairnsEmeraldGladstoneGold CoastHervey BayKingaroyMackayRockhamptonRoma

Sunshine CoastToowoombaTownsvilleCoffs HarbourGraftonInverellLismoreNewcastlePort MacquarieTamworth

‘Taylor Byrne is one of the largest wholly Australian owned valuation firms in the country, providing

services for special projects Australia wide.’

Timothy Rabbit.....................................................................Projects Director

John Gunthorpe .......................Valuer

Stephen Caffery .......................Valuer

Timothy Rabbitt from the Brisbane Head Office, manages the Projects Division and has had extensive experience in easement compensation and acquisition valuations throughout Queensland, Western Australia, Northern Territory and New South Wales. Timothy has served as the Queensland President of the Australian Property Institute and is a member of the Valuation Board of Review for the Northern Territory.

John has worked extensively throughout QLD, NSW and WA in litigation, acquisition and compensation assessment projects. Specialist areas include valuations and compensation assessments for Mining, Gas and Infrastructure Projects across a range of sectors including rural, commercial and residential properties on behalf of Gas Companies, Mining Companies, State Government Owned Corporations and State Governments. John has extensive knowledge in the Coal Seam gas industry having undertaken assessments for Companies including QGC, Arrow Energy and Origin Energy for Gas wells, whole purchases and linear infrastructure, appearing at settlement conferences and mediations on numerous occasions. John has undertaken valution’s and compensations for a number of major Coal mining companies throughout QLD for whole purchases, for acquisition of mining leases and for exploration activities. John has been involved in a number of recent High Voltage Transmission line easement projects throughout QLD and northern NSW including compensation assessments and negotiation of settlements. John has a broad experience in valuation of rural assets including large scale grazing properties, broad acre farming, intensive dairy and broiler operations, orchards and equine facilities.

Stephen has gained extensive experience in litigation, acquisition and compensation assessments. Specialist areas include valuations for litigation and acquisition for mining, gas and infrastructure companies, legal practitioners and various levels of government departments across a range of rural, commercial and residential properties.

Stephen also has extensive experience in compensation, having provided advice to major gas companies that include QGC, Origin, Arrow and Senex as well as various government agencies. Specialist areas of compensation include gas and linear infrastructure assets.

Stephen has broad experience in agricultural, agribusiness and geospatial information having previously worked for a family owned agricultural consultancy business.

Tim has been involved in the following projects:Burnett Water Paradise Dam Mundubbera, Gayndah (40 owners)Powerlink Nebo-QR Mindi Transmission Line (9 owners)Powerlink Nebo-Pioneer Valley Transmission Line (40 owners)Powerlink Tully-Innisfail Transmission Line (90 owners)Dept of Main Roads Eastern BuswayUnidel – QGC Main gas pipeline to Gladstone (150 owners)Arrow Energy Oakey-Dalby Gas Pipeline (20 owners)Burnett Water Paradise Dam Mundubbera, Gayndah (40 owners)Intergen Millmerran Power Station (80 owners)New Hope Coal Pty Ltd Acland Acquisitions (50 owners)Agility Papua New Guinea Gas Project (200+ owners)AAPT Pipelines WBP Pipeline – Wallumbilla to Newstead 2009(21 owners)

Enertrade North Queensland Gas Pipeline Project Moranbah-Gladstone, Moranbah-Townsville (200 owners)Department of Infrastructure & Planning Stanwell to Gladstone Infrastructure Corridor (100+owners)Qld Water Infrastructure Pty Ltd Traveston Dam ProjectState Gas Pipeline Unit State Gas Pipeline Roma – Gladstone (10 owners)Powerlink Ross-Yabulu Transmission Line Townsville (20 owners)Powerlink Dalby-Chinchilla Transmission Line Dalby (30 owners)Powerlink Greenbank-Swanbank Transmission Line, Brisbane (12 owners)Energex Various Transmission Line Projects around Brisbane (20+ owners)QCL Mt Larcom Slurry Pipeline Easements, Gladstone (30 owners)Department of Infrastructure & Planning Toowoomba Pipeline (40 owners)Transgrid - Texas to Lismore Transmission Line

The Team

Bryan Guest .......................Director

Tito Lando .......................Valuer

James Lockwood .......................Director

Stephen Caffery .......................Valuer

Damien Burley .......................Director

Bryan Guest has wide ranging consultancy and litigation experience, having previously worked in the Sydney metropolitan basin, central west of New South Wales and operating within northern New South Wales for over a decade.

Litigation and acquisition experience ranges from consultancy advice to all levels of government throughout NSW and more recently providing over 125 assessments of compensation for the Road and Maritime Services upgrade of the Pacific Highway in northern New South Wales. Both acquiring authority and owner initiated instructions have been undertaken for wide variety of public purposes ranging from road acquisitions, School sites, pipeline and water supply easements, substation and electricity easements together with flood detention basins.

Bryan was previously a panel member of the NSW Australian Property Institute Just Terms Legislation Review Committee and on behalf of Taylor Byrne submitted a paper for consideration to the Minister within the recent review to the Just Terms legislation.

Tito has undertaken a range of specialist compensation, acquisition and litigation assessments over a broad geographical area having been based in a number of Taylor Byrne offices throughout his career including Cairns, Townsville, Central Queensland and Brisbane.

Tito has completed a number of infrastructure projects on behalf of government and mining companies in this time. This work includes compensation assessment for above ground and underground transmission lines, water pipelines and gas pipelines, railway corridors, and resumptions for local and state government roads, as well as mining leases.

Tito has completed approximately 50 compensation assessments on behalf of the Co-ordinator Generals office over the past 18 months as part of the Northern Pipeline Interconnector, and has recently completed a number of compensation assessments for transmission lines on behalf of Powerlink and Energex.

Tito understands that Government agencies and the private sector require valuation and compensation advice that is not only of the highest quality but also delivered in a prompt manner to ensure infrastructure projects are delivered on time.

Damien has undertaken a range of assessments for a variety of clients in both New South Wales and Queensland. These projects have ranged from in excess of 75 acquisitions for the New South Wales Roads and Maritime Services over the past five years to the acquisition of land for the Millmerran Power Station in Queensland.

In addition, consultancy and valuation work has been undertaken for clients including the State Property Authority, Land and Property Information, and Local Councils for purposes such as compensation, feasibility analysis, and determination.

Damien understands the importance of a high level of communication and negotiation to facilitate the best outcome for clients, which has created long standing relationships.

James has a broad experience in compensation assessments working extensively within NSW and QLD on a number of cross border projects. Specialities include assessments for the provision of service easements in particular overhead and underground transmission line corridors, above and underground water, sewerage, drainage and service works. He has completed in excess of 75 compensation assessments on behalf of the NSW Roads and Maritime Services in the preceding 18 months. James has a strong client base historically acting on behalf of various levels of Government agencies and privately owned companies with repeat patronage and clients as a result of the importance he places on quality and timeliness of project completion. James has a high level of experience in larger scale projects, developing internal relativity tables, impact assessment databases and strong communication and negotiation skills.

The Team

Why use Taylor Byrne?There are many advantages to using Taylor Byrne to complete your project land acquisition service.Experience of our highly qualified and experienced projects team along with their combined knowledge can take care of all your Project, Infrastructure and Litigation needs.

Proven ability to complete projects within the timeframe.

Relativity and consistency across all advices which is particularly important in linear projects. This is achieved through our own internal Compliance Peer Review Process with the specialist panel comprising of senior directors of the company.

Court Work is regularly completed by Taylor Byrne with our valuers trained specifically for such. Our Projects team are conversant with relevant case law principles and are often called upon to give evidence to Courts for a wide variety of property types and valuation basis.

Taylor Byrne has been engaged in providing these services to constructing authorities, government departments, private companies and the mining and gas industry since the business first started back in 1960. With over 50 years experience and in excess of 90 valuers across our Taylor Byrne network, our specialist services are just one of the many areas that make us stand out in the crowd.

Land Acquisition & Compensation ServicesValuation and Compensation Assessments for Land Acquisition• Includes whole or part property advices including easement and infrastructure advices, full inspections and drive by estimates

Budget Preparation• Budget compensation assessments including sale analysis along with market and industry trend comments• Advices and potential premiums for large scale land acquisition projects in conjunction with budget estimates

Planning / Land Use Studies• Provide high level planning / land use studies for potential acquisition properties, including preliminary town planning information and highest and best use assessments.

Land Access Services (including property owner contact)• Provide consultants to undertake preliminary landowner contact to discuss projects and act as liaison officers.

Land Access Negotiation• Provide consultants to undertake land access negotiations.

Compensation and Land Acquisition Negotiation Services• We regularly undertake negotiation services for projects, giving the ability to complete the whole package of land access, compensation advices and negotiations, leading to settlements of acquired properties.

Land Mapping Services• Provide maps of properties and project areas including property specific, on components such as fencing and water points.

Property Management• Provide property condition reporting including such things as mapping, advice on stocking numbers and pasture management.

Adjoining Owner Land Use & Value Impact Studies• Our consultants can help to gauge the impact of projects on surrounding land uses and values.

Valuations for Court and Litigation Purposes• Our reports are commonly utilised for litigation purposes with our valuers specifically trained for these purposes.

Advice on Route Selections & Alignment• Combining land use tables, geographic constraints and knowledge of markets, we can provide feasibility analysis for potential route selections to assist in determining final alignment.

Coordination of Other Consultants• Provide management and timely reporting systems of contractors/consultants to enable the client to maintain a central point of contact for projects.

ExperienceTaylor Byrne has extensive experience in land acquisition matters for a wide range of properties including:

1) Whole and partial acquisitions for: • Dams • Mine sites • Gas infrastructure • Wind farms • Roads • Rail

2) Easement acquisitions for: • Gas and water pipeline easements • Powerline projects

3) General Valuation advicesTaylor Byrne has extensive experience in the land acquisition industry within Australia, having been involved in numerous powerline and power station acquisition projects, including the Millmerran Power Station acquisition, substation acquisition projects with Powerlink and easement acquisition work for the Interconnector Transmission Line, Millmerran-Middle Ridge Transmission Line, the Enertrade Gas Pipelines from Moranbah to Townsville and Gladstone, and the Papua New Guinea Pipeline.

Taylor Byrne undertakes valuations for numerous acquisition projects, and in recent years hasprovided valuation, negotiation and project management advices for the following:

Queensland • Mudgeeraba to Tugun Transmission Line Project • Suncoast Power Project • Toowoomba Pipeline Project • Stanwell to Gladstone Infrastructure Corridor Project • Queensland Curtis LNG Project • Innisfail to Edmonton Transmission Line Project • Nebo-Pioneer Valley Transmission Line Project • Nebo-QR Mindi Transmission Line Project • Tully-Innisfail Transmission Line Project • Interconnector Transmission Line Project • Millmerran-Middle Ridge Transmission Line Project • Enertrade Gas Pipeline – Moranbah to Townsville • Enertrade Gas Pipeline – Moranbah to Gladstone • Agility PNG – Gladstone – gas pipeline • Paradise Dam Land Acquisition Program • Millmerran Power Station Land Acquisition Proposal • Surat Basin powerline projects (over 200 landowners) for Powerlink • Gas compensation assessments and negotiation services • Wondowan Coal Mine Land Acquisition project valuation and negotiations

Northern Territory • Valuation advices for the NT Government on the Darwin-Alice Springs Rail Corridor • Valuation of a road corridor in the Northern Territory

New South Wales • Lismore Sewerage Augmentation Project 2013 • Grafton Sewerage Augmentation Scheme 2012 - State Property Authority • Rous Water Indexation Reporting Valuations • Rous Water Asset Portfolio Valuations • Lismore City Council Asset Valuations • Ballina Shire Council Acquisition Projects • Grafton Maclean Sewerage Augmentation Project 2011 • Land and Property Information Objections Project • Lismore to Alstonville Project – Essential Energy • Uralba to Alstonville Project – Essential Energy • Pacific Highway upgrades • Monaltrie to Alstonville Overhead Transmission Line Project • Kings Forest Transmission Line Upgrade – Essential Energy • Kings Forest Substation Site – Essential Energy • Tenterfield Substation Site – Essential Energy • Texas to Lismore Transmission Line Project - Transgrid • Maclean to Koolkhan Transmission Line Project – Essential Energy

In addition to providing advices in relation to the Energy Industry, Taylor Byrne has also provided acquisition and valuation advices in numerous projects including - • The Alice Springs to Darwin Rail Line plus• Valuation and negotiations for the acquisition of the - Paradise Dam site - Wyaralong Dam site - Glendower Dam site - Traveston Dam site in Queensland

Experience gained in these projects includes negotiations and project

management skills as well as an involvement in matters relating to town planning and

acquisition services.

Specialist property consultancy servicesIn addition to our Land Acquisition Services, Taylor Byrne Project Group provides specialised property consultancy advices to a wide range of clients and for a wide range of property types including:LitigationIn conjunction with the Litigation Group, we provide valuation and property consultancy services for all property types for litigation purposes including:

• family law • resumption and town planning matters • civil and commercial litigation

Specialist PropertiesValuation and property consultancy advices for specialist properties including:

• Abattoirs • Forestry • Quarries • Aquaculture • Hotels and Motels

Portfolio Valuations & AdvisoryAdvices for

• Asset valuation purposes • Acquisition and disposal purposes • Highest and best use studies

Receivers & ManagersRural and urban valuations are undertaken Australia wide. Recent works include:

• Valuation of Forestry assets in New South Wales, Queensland and Western Australia • Valuation of a portfolio of rural properties in Western Australia, in receivership • Valuation of pastoral properties throughout the Northern Territory • Valuation of rural corporate holdings in Queensland and the Northern Territory

Our staff undertake site inspections across Australia, often in remote locations, and often by themselves. As such we have developed our own internal land access guidelines which our staff must follow when working on any projects for our clients. We are also aware that our clients have their own health and safety procedures and we will attend any instruction courses as needed, on a project by project basis. Our staff will acknowledge and follow any health and safety procedures that are required by our clients.

Taylor Byrne recognises the importance of protecting the environment as part of a global community. Through planning and practice, we are committed to ensuring this protection by keeping environmental impacts to a minimum in a sustainable, financially rewarding and practical manner.

Through our philosophy Taylor Byrne will:• Identify, review and manage our environmental impacts, potential risks, and opportunities for improvement.

• Minimise waste-to-landfill, greenhouse gas emissions and other pollution, further reduce our consumption of power, water and natural resources and employ environmental considerations in purchasing decisions.

• Promote and encourage environmental awareness and training to ensure individuals throughout the Taylor Byrne branch network are aware of their environmental responsibilities.

• Regularly monitor and report on our environmental performance to reduce consumption of resources.

• Make available resources to implement and meet the requirements of the environmental policy.

• Promote external awareness by supporting projects that seek solutions to environmental problems in order to improve the sustainability of the global environment.

Safety & EnvironmentTaylor Byrne is committed to protecting the health and safety of all our employees, clients, visitors and contractors.

The Taylor Byrne Environmental Management

Policy demonstrates commitment to carrying out its activities in accordance with relevant environmental legislation and associated

regulations.

Taylor Byrne is one of the largest wholly Australian owned single company valuation firms in the country. Our dynamic team is spread across 21 offices throughout Australia. Our Valuers provide independent property advice to corporate, government and private clients.

Primary Contacts for all Project Enquiries

Timothy RabbittGPO Box 1776 Brisbane QLD 4101Ofiice 07 3840 30000438 738 007trabbitt@taylorbyrne.com.au

John GunthorpeGPO Box 1776 Brisbane QLD 41010406 760 056jgunthorpe@taylorbyrne.com.au

James LockwoodGPO Box 1116 Tamworth NSW 23400427 217 338jlockwood@taylorbyrne.com.au