The Property Council has lodged a submission to the Government Inquiry into the proposed lease of Port of Melbourne.
Regardless of the timing of the Inquiry, the Property Council supports the Government’s intention to lease the Port of Melbourne to generate much needed capital for infrastructure investment across Victoria.
While we support the State Government entering into a long term lease arrangement for the Port, the Property Council holds concerns regarding the proposed arrangements currently before Parliament. The concerns primarily relate to ensuring the best port and freight infrastructure is available to Victorians both during ,and beyond the terms of the proposed lease.