- 26 March 2014
- Reaction score
@SirRumpole just another example to show it isn't all one sided, no point in starting another thread over it, this one should just be titled corruption in politics. This land is directly opposite Perth's new football stadium on the other side of the river.
From the article:Works at the derelict site could begin as early as next year but details of the agreement between the government and billionaires Kerry Stokes and Andrew Forrest remain shrouded in secrecy.www.watoday.com.au
Premier Mark McGowan has defended a controversial deal with two of the state’s wealthiest businessmen that could see the East Perth power station land sold for just $1.
Works at the derelict site could begin as early as next year but details of negotiations between the government and billionaires Kerry Stokes and Andrew Forrest remain shrouded in secrecy.
However, the latest unimproved value assessment by the government’s land authority, Landgate, suggested three of the four blocks within the precinct were worth a combined $26 million.
While unimproved land values are used for tax purposes only and don’t take into account contamination or improvement works, they give an indication of what the land would be expected to sell for in its current condition.
Environment Minister Stephen Dawson, who represents lands minister Ben Wyatt in the upper house, revealed under questioning from the opposition the four lots that made up the project precinct were worth $1, according to a valuation commissioned by the government.
Once they get into power all politicians think they can do what they want. I believe that site is heavily polluted and needs cleaning up. If Twiggy is willing to do that , then maybe that's a fair deal.