AVJ 1.64% 30.0¢ avjennings limited

Ann: Investor Briefing-31 December 2016 Half Year Results, page-14

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  1. 141 Posts.
    lightbulb Created with Sketch. 17
    This from Herald Sun 28 Feb (in part):
    http://www.heraldsun.com.au/news/vi...y/news-story/648858505f2af902a0fca4852aab6fad

    EXTRA land to help create 17 new Melbourne suburbs is being released by the State Government over the next two years in a bid to tackle housing affordability.
    Planning Minister Richard Wynne and Treasurer Tim Pallas said 100,000 lots would be rezoned in growth corridors such as Casey, Melton, Whittlesea and Cardinia.
    Councils in the growth areas will also get help to streamline subdivision processes and applications for residential and employment land to try to get more properties to the market.

    Hopefully AVJ will be able to turn over its land holdings quicker.

    Cantankerous James
 
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