Giant property parasite devours Holden site
By Houses and Holes in Australian Economy, Featured Articleat 10:05 am on December 22, 2015 | 49 comments


Old manufacturers don’t die in Australia they just become apartments, from the AFR:

Goodman Group has emerged as the frontrunner for car giant General Motors Holden’s sprawling Fishermans Bend site in inner-city Melbourne, in a deal worth as much as $130 million.

The car maker put the 37-hectare site on the market in July 2015, after announcing two years ago it would end manufacturing in Australia in 2017.

It excited considerable interest from a number of listed and private players, including GPT Group, Dexus, MAB Corporation, transport company Linfox and Altis Property Partners.

The Fishermans Bend area is undergoing considerable change. A vast swathe of 455 hectares has been designated an urban regeneration precinct, with many landlords busy preparing development applications.

What about 'job parasite' for those who.. through no fault of their own and caused by the current economic situation... are forced under the current MADIF (Mandatory Dual Income Family) 'roof' to invest in several jobs?

Met a young guy I know who is a fine young man - working his second job....

Thing is - to get ahead he needs to since he is single - so it comes down once again to the simple proposition of whether or not a single Family Unit, which can be any combination of a single single up to a 'blended' category.... should be 'entitled' to more than one job.....

Of course... that doesn't apply to Joe or Tony and their missuses.. who (the missuses, of course), of course, according to the theology of 'merit' and 'entitlement.. NEED to hold as many 'board positions as possible.. all paid for handsomely....

What an absolute suck on the public purse they all are.....

Where's Longy?  I need some vicious personal attack to try to counter my sublime logic and understanding of reality here.....

Sun Tzu wrote on Jan 1^st, 2016 at 5:49pm:


This car factory belongs to Australian tax payers and should not be sold off to property developers. At the very least it should be turned into an industrial estate and not dog boxes for property scammers to profit from.

I'm just wondering if this $130 mill is going to be handed back to the rightful owners instead of GMC running off with the loot

This is what tens of billions of tax payers dollars has bought us over the years. Nothing more than a 130 million dollar block of land that we have no equity in

Sir lastnail wrote on Jan 2^nd, 2016 at 9:49am:



Hi sir Nail,
the car manufacturers were running a scam right from the start.

They didn't invest in new Technology - they took what corporate welfare they could get.

Sir lastnail wrote on Jan 2^nd, 2016 at 9:49am:



Hi sir Nail,
the car manufacturers were running a scam right from the start.

They didn't invest in new Technology - they took what corporate welfare they could get.

Challenges
The greatest challenge is that my technical success has made my business a target for both unscrupulous business people and major car makers. Persistence and sales are the key to overcoming these challenges.

The response from major car company's and other earlier challenges are summarised in an investigative piece by journalist Brendan Gullifer 22 October 2011 for the Ballarat Courier ...

http://bev.com.au/wp-content/uploads/2010/02/xbal22oct11_page18_small.pdf
http://bev.com.au/wp-content/uploads/2010/02/xbal22oct11_page19_small.pdf

As if that was not enough in October 2012 a theft saw $199,307 of my intellectual property stolen. This matter was raised in the Senate by Senator Madigan and is recorded in Hansard on the 22 November 2012.

To help overcome these barriers in addition to dogged persistence and now turn to social media to get the message out about a great battery electric car and establish an assembly, sales and service outlet where customers live and work.

IN JULY last year Federal Member for Bendigo Steve Gibbons issued a press release in praise of a Castlemaine entrepreneur, Ross Blade.

Mr Gibbons said if re-elected, a Labor government would
include the Blade electric vehicle in a trial by federal
government departments.

Mr Gibbons called it part of the federal Labor government’s
“strong support for central Victoria’s manufacturing
industry”. From a small factory in a small town, Blade Electric
Vehicles is one of this country’s technological success stories.

It should be at the forefront of government assistance and
support, and in the front row at motor shows across the
country. But it isn’t.

Despite Mr Gibbon’s release, Blade has never been included
in any federal government trial. In fact, in 2009 VicRoads
tried to get Blade vehicles off the road, stating they would
no longer be authorised for registration, Mr Blade said.
The Federal Department of Transport subsequently issued
the company with a second stage licence authorising it
to manufacture and sell cars nationally.

Earlier this year, the board of the International Motor Show
apparently voted to exclude Blade from its 2011 event, he
said. Show organisers responded publicly saying it was simply
a matter of fi nite space for exhibitors, with Blade offered a
position in the foyer area.

Mr Blade said that came during the latter half of the
show, giving him two days (out of 10) to exhibit his product.
And negotiations continue for the 2012 Sydney International
Motor Show.

Mr Blade said requests for space in other key motor
industry exhibitions, where clients comprise the big motor
vehicle companies with deep pockets and strong political
links, continued to be diffi cult.

“Yes, we are a niche player and some of these companies
appear to have an attitude of if you can get rid of your
competition by any means, then yes, they’ll do it.
“We want to be able to do o

Sir lastnail wrote on Jan 2^nd, 2016 at 11:40am:


I don't know why you keep putting this forward over and over again and comparing his business to that of vehicle manufacturers.  He modifies existing vehicles.  Hardly the same thing.

Sir lastnail wrote on Jan 2^nd, 2016 at 5:12pm:


Why don't you compare like with like?