'A bargain... in time': McCormack says $33m airport land buy will pay off

Deputy Prime Minister Michael McCormack believes taxpayers got a bargain in spending $33 million to buy part of a dairy farm near the western Sydney airport that was later valued at $3 million.

Deputy Prime Minister Michael McCormack says the $33 million paid for a parcel of farmland near the western Sydney airport will come to be seen as a bargain.The 12.3 hectares was owned by the billionaire Perich family’s Leppington Pastoral Company, which is now leasing it back from the government. The Infrastructure Department decided to go ahead with an early purchase to capitalise on goodwill it thought it had generated with Leppington after making concessions on the route of the Northern Road.

katinacurtis This parcel is 2.27 hectares

katinacurtis If 12.9 hectares is only worth 3 million I am going out to Bringelly tomorrow and buying a block. I reckon the chances of buying one a zero

katinacurtis Idiot!!

katinacurtis Get rid of him. Too far out n a big wave coming. The forgotten Australian.

katinacurtis There's the problem, people like him in power, serves businesses not the electorate 💸

katinacurtis Has he got interests in the company or very close friends. Otherwise he's just a hack politician.

katinacurtis market value...

katinacurtis I've got another 'bargain' for him. He can have my house for the extra low price of only $5 million.

katinacurtis Corruption knows no bounds

katinacurtis Is Michael McCormack the type of person who cries poor but still travels business class overseas for lavish holidays ..who is he deluding ? PittStFarmer

katinacurtis I once owned land there. I can assure you that $3 million would have been a very fair market price. Anything above that has to be considered as indicating cronyism. Ten times the amount points to overt corruption.

katinacurtis You can use my backyard as an airport if ya want. I'll only need $10 mill cheers.

katinacurtis 💩💩💩 deal by The_Nationals just more of M_McCormackMP looking after big business auspol

katinacurtis Family sold dairy farm lately and no where near that price just more dirty deals from the Nats auspol

katinacurtis Even better bargain at $3m. McCormack is trying to downplay the purchase. Nice try. We’re not stupid.

katinacurtis ScottMorrisonMP I don’t like National Party culture, they are the most deceitful party since Bob Hawke was PM

katinacurtis more criminal acts from a criminal government. The bribes worked well for that piece of land.

katinacurtis I have a tall building in central Perth I need to sell. Going for a knockdown price. Interested M_McCormackMP ?

katinacurtis In the words of the other great airport land purchase movie. “Tell him he’s dreaming”. We have a fool masquerading as deputy.

katinacurtis which is why that imbecile needs to go

katinacurtis I Would never buy realestate from this man!

katinacurtis Self awareness of a toddler. Also, corrupt AF. This government's day of reckoning will come.

katinacurtis Ask McCormack to pass the joint around. We need to get at least another 24,999,999 puffs from it. Hope the Pizza stores are open.

katinacurtis He’s a bigger imbecile than he believes we are.

katinacurtis This guy is an idiot

katinacurtis

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