Tuesday, September 02, 2003

Half the state of NSW rented for less than $2 per hectare: "The details are among more than 18,000 Crown leases obtained by the Herald from the Department of Lands under freedom of information laws. Others include leases on four- and five-star resorts up and down the NSW coast, where the same rules apply. The Herald's investigation has already revealed that offices, factories, marinas, petrol stations and golf courses are operating on state-owned land for peppercorn rents. Nearly half the state is rented for a combined yearly income of just $60 million - less than $2 a hectare."

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