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Collapse Issue 275 - 04 Oct 2011Issue 275 - 04 Oct 2011
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Wrong solution for hard times

Mr Matthew Wales from the Peninsula Chamber of Commerce issued a media release dated September 4 which indicated that developers are "going through a really tough time".

While I would like to welcome the developers to the real world, I strongly disagree with the solution proposed by Mr Wales.

Firstly, the Council and State Government were elected to represent the interests of rate payers and tax players.

To suggest that either level of government is responsible for ensuring that developers "make a decent return on their investment" is, in my opinion, utterly ridiculous.

Secondly, I believe that the Peninsula is already over-populated.

If a review of the population density on the Peninsula is required, I would hope that developers and their consultants are excluded from the process.

Perhaps the developers who have fallen on hard times could consider investing at Warnervale where the developers have enough excess funds to build a railway station.

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