The rating and taxing of land values is the most common method of raising revenue by local authorities throughout Australia. Water and sewerage authorities have tended to favour rental values as in their opinion the method takes into account the size of the property and therefore expected water consumption.

Unimproved values have largely been replaced by land values as the unimproved value has led to a number of anomalies in the rating and taxing of rural land such as was the case for treeless plains. Most councils raise revenue with a rate or tax on either unimproved, land values or annual rental values. Some still use an expensive improved value system.

unearned increment
property taxation