Real estate development by local government in Queensland

Local government Economic development Australia Queensland

Eddo Coiacetto and Doug Baker examine the extent and nature of real estate development by local governments in Queensland, a state where private sector values are often assumed to prevail. At least a third of local governments in Queensland have developed land, often because of a perceived failure of the private sector to provide development adequately or as an entrepreneurial means of achieving public interest goals. But there is also evidence that councils are acting like private developers, acquiring land from the private sector and disposing it at open market values.

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