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The Morrison Government is facing questions about the purchase of a piece of land for Sydney’s second international airport for 10 times its value.
A report from the Australian National Audit Office (ANAO) slams the Department of Infrastructure for purchasing the land from a billionaire family at 10 times its market value in what it calls a “significant and unusual transaction” related to the Western Sydney Airport:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.