The Canberra Times is letting us know that the ACT needn’t trouble itself with auctions or markets.
Rather cosy mates deals and assurances that they just can’t see why anyone else would want things is the order of the day.
At issue is selling a carpark in Dickson to the Tradies so they can own all of the Badham Street block:
The Tradies’ parent organisation and contributor to the Labor Government, the Construction, Forestry, Mining and Energy Union, which has already received a direct sale for redeveloping its licensed club site at Phillip, says the land would be unviable for other developers.
Five-eighths of the block had to be an open-space park, making it unviable for anyone else to develop.
If it’s unviable for anyone else then it’s going to be a cheap and quick auction no?