Region Article: Government design conditions and rigid price rules are stalling development

There’s an element of land deals in Canberra that no one is talking about: the price. The hammer didn’t fall at a recent Wright auction because nobody turned up to bid. This was the second attempt to sell the block on Steve Irwin Avenue in Wright. Between the first and second sales attempts, the Suburban Land Agency eased the conditions, but it still made no difference. No takers. Wright is not alone. Read the full article for more.