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Rezoning = private profit?! (Couple loses property fight after highway swallows $5.5 million dream)

www.smh.com.au Couple loses property fight after highway swallows $5.5 million dream

Raymond and Wendy Dibb saw a chance to make money out of a small rural property. They were not planning on a $2.2 billion highway barrelling through their plans.

Couple loses property fight after highway swallows $5.5 million dream

Tip of the iceberg when it comes to examining the corruption of land ownership in Australia. It's hardly talked about. The linked article doesn't even talk about it.

The public as a whole (and traditional owners) should be the only financial beneficiaries of rezoning.

I suspect private maximisation of rezoning profits is the reason behind why urban developments here are almost universally that awful single-story no-greenspace roof-to-roof packed suburban hellscape.

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