Come in spinner.......
Property owners of NSW.....hope you had your bran this morning because bend over....you just got shafted.
It makes absolutely no sense to sell off the family silverware today if you have to pay to rent it back next Sunday.....and why did we do this? All to upgrade some footy stadiums.
What a joke.
The Berejiklian government has announced it will lease the state's 150-year-old land titles registry to Hastings Funds Management and First State Super for 35 years, after accepting their bid of $2.6 billion.
I give it about 12-18 months before they start jacking up prices due to "unforeseen circumstances" (lol=33.5 years worth of #FatProfits).
Whats the bet that HFM make more than $130m x 35 years for their $2.6b investment......it will make this "lease payment" look like chump change
Feel free to send your comments to Premier Gladys Berejiklian via twitter @GladysB once this starts to happen.