From Nine:
The West Australian government is prepared to sell its buildings and land to reduce its debt if the right offer comes along.
Lands minister Terry Redman said on Wednesday that he would introduce a proposal to allow unsolicited bids on government assets to Cabinet in the near future.
Mr Redman said a “framework” would be in place to reduce the risk of lobbying by property developers and that bids would be judged by Cabinet on a case-by-case basis.
The government has also identified 40 land packages that will be prepared for sale in addition to the 20 it announced in September.
The new assets include Old Cottesloe Cable Station, Claremont Police Station and three disused school sites.
Unsolicited bids? What ever happened to open tender? Prepare your low ball offers!
