SYDNEY’S JETTY SET ENJOY RENT REDUCTIONS UNDER LIBERALS
September 24, 2017
The Berejiklian Government has once again showed that it is only interested in looking out for the top end of town with the revelation that jetty rents in some of Australia’s richest waterside suburbs have been cut by two thirds.
Documents obtained by the NSW Labor Opposition reveal that areas like Point Piper – home to Prime Minister Malcolm Turnbull - have seen rents for jetties, boatsheds and swimming pools occupying public land slashed by 62 per cent.
An example was a waterfront resident in Point Piper who has seen rent plummet from $27,046 in 2011-12 to $10,290 last year - a 62 per cent drop in rent, according to the documents.
Largest beneficiaries of the Government’s largesse was the Sydney Harbour East area - stretching from Sydney Harbour bridge to Watson’s Bay - which saw an average 62 per cent reduction, and Pittwater, which saw a 60 per cent rent reduction.
Meanwhile rents in cheaper areas like the western end of the Georges and parts of the Port Hacking rivers have increased by 24 and 13 per cent respectively.
Labor says the waterfront rental policy is just another manifestation of life under the Liberals where Western Sydney has to face decades of tolls and higher transport costs, and yet some of the wealthiest citizens in the country get lower rents.
Quotes attributable to Shadow Maritime Minister Jodi McKay
“The NSW Government has engineered a rental system which has seen the richest of the rich enjoy the greatest cuts.
“Unfairness is the hallmark of this Government. How come Point Piper and Pittwater residents get a cut in their rents while families running about in their tinnies on the Georges and Port Hacking Rivers have to pay more?
“I think it is beyond co-incidence that the areas getting a helping hand are the Liberals electorates of Vaucluse and Pittwater. Ask yourself the question - does Malcolm Turnbull really need rent relief for his jetty?”