[thorn bird]

Little gem of a rumor doing the rounds.
BAL is spruiking that they have a buyer for Bankstown Airport!!
Seems a Chinese company with the usual connections to the Chinese Government, is rather keen to invest in Australian real estate,as it would seem is half of China's population.
I always thought the inconvenient truth was that Australian airports could not be foreign owned?
Didn't seem to matter much with Mascot however as the head lease holder resides in the Bahamas, but that may just a ploy to avoid paying tax? seems to work very well but, a billion a year in turnover and not a $ paid in tax. All very legal of course.
The Murky Macavellian managed to manipulate a way around most of the inconvenient clauses in the head leases for the secondary airports to facilitate the property sharks, wonder how he's going to manage the foreign ownership one?
Stood to reason I guess, with Billions of dollars at stake, and I would imagine a payoff that would make his yearly million buck salary pale into insignificance, where there is a will there is a way.