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Zed weeps for the commercial property owners

By johnboy - 4 August 2011 23

Liberal Leader Zed Seselja is concerned the construction of the pleasure dome to house the entire ACT Public Service in Civic (sans Gungahlin Penal Battalion) will unduly rob the office block owners of bread from their childrens’ mouths.

Figures released today show Canberras vacancy rate is now 13.3 per cent, yet the governments proposing the development of this extravagant office block, Mr Seselja said.

This is compared to a vacancy rate of 8.7 per cent in January last year. The supply is simply far outweighing the demand.

Its poor planning and poor decision making by the government.

Instead of using this high vacancy rate to get better rental deals, the government is pressing on with this illogical project. Instead of using $430 million on much needed infrastructure, the Government is pursuing an office project which we dont need.

The government needs to let the local market recover before further adding to the problem at the cost of Canberra taxpayers.

Surprisingly he’s failed to mention working families once.

What’s Your opinion?


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23 Responses to
Zed weeps for the commercial property owners
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creative_canberran 5:11 pm 30 Oct 11

kakosi said :

What’s “Zed” short for? Just wondering.

Zoro according to Wikipedia…. that may or may not have been after an edit.

Classified 2:41 pm 30 Oct 11

2604 said :

Why not ask why no-one was able or willing to build equally attractive and functional office buildings in our major town centres? It’s because of piss poor planning by the ACT Government (eg no zoning or provision for large commercial offices in Gungahlin until recently) and enormous holding costs while ACTPLA and co dithered endlessly over building approvals. While Stanhope and co were preoccupied with constructing human-rights approved jails and acknowledging the traditional owners of the ACT and all that other PC nonsense, guys like Snow were actually getting on with business. I say, good on him.

This is spot on. If govt can’t get its shit together, then why blame the business community for getting on and getting things done? No, it’s not ideal, but it’s better than waiting around for government, which inevitably takes ages and typically doesn’t get the same result in terms of quality or efficiency anyway.

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