Commenting on the story: Construction finally starts at North Adelaide Le Cornu site
My maths must be faulty, but surely Mr Micawber in David Copperfield had the right idea on economics: “Annual income 20 pounds, annual expenditure 19 pounds 19 shillings and six pence, result happiness. Annual income 20 pounds, annual expenditure 20 pounds ought and six, result misery.”
In Adelaide City Council’s 88 O’Connell Street deal: Income from sale: $25.5m, expenditure on purchase: $34m, result: misery?
OK, the State Government kicked in $10m of taxpayer funds, but this was surely not meant as a gift to the developer? Why would the council not sell the site for at least the actual $34m purchase price?
I would think SA taxpayers and Adelaide ratepayers would prefer not to subsidise unpopular developments. – George MacKenzie
Commenting on the story: A new Game in SA parliament as One Nation breaks through
First impression is that she may find herself frequently out of step with the majority of One Nation voters and politicians, in style and in substance. Could be a Pyrrhic victory for the party! – Harry Dewar
Commenting on the Notes on Adelaide podcast: Picking up the pieces
Unfortunately for David Speirs, the unguarded moment in the church when he spoke against the separation of church and state can never be unsaid, no matter how much he now tries to pivot away from the religious right.
At some stage he is going to have to account for that statement and whether he still stands by it. – Paul Klaric
Local News Matters
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