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September 19th, 2011 
FAKE NEWS for the Zionist agenda Penrith, St Mary’s and Blacktown adjoining area boundries changed in 1990’s to allow development of conservation area.
read more very interesting
http://dazed.org/npa/npj/200106/cover.htm
What is special about this urban bushland site?
| The 1,535 ha Australian Defence Industries (ADI) site, situated between Penrith and St Marys, is a bushland oasis within western Sydney’s rapidly expanding suburbia. It is of outstanding conservation significance because it contains:
• one of the largest remnants of the threatened Cumberland Plain woodlands; |
|
| The site was acquired from unwilling land owners by the Commonwealth Government from 1941 to 1943 for the production and storage of munitions. The factory was closed and some land in St Marys was sold in 1946, but the Korean War created a need for a new factory (completed in 1957); this facility was closed in 1995. The site was transferred to ADI in 1989. In late 1990, ADI sought a rezoning from Penrith and Blacktown councils. |
Final Australian Heritage |
It is interesting to note that in 1973/74 the Australian Council of Trade Unions (ACTU) approached the Whitlam Government with the idea of a joint housing venture between the ACTU and Lend Lease. The Government rejected this on environmental grounds and planning deficiencies, thanks to the wisdom and integrity of Minister Tom Uren. However, in 1994 another ALP Government entered into an agreement with Lend Lease, the details of which remain a secret despite freedom of information applications.
It is clear that, throughout the planning process, both governments and the bureaucracies have had a mind set of development for the site, no doubt with encouragement from Lend Lease. The “No development option” is never canvassed; the only authority to adopt this option has been Penrith City Council.
In the Conclusion of its March 1997 submission to Government the Council stated: “… the ADI site represents a unique environmental and social asset that currently rests in public ownership. Current plans for the sale and development of the site place the conservation of these assets at jeopardy. If the opportunity to conserve these assets is not taken now, the opportunity will be lost for all time.”
The Lend Lease master plan of mid-1996 paid little heed to studies by Kinhill, which identified high conservation areas of the site and recommended 1,100 ha be conserved and managed as a biodiversity zone. A token 300 ha conservation area was included in the Lend Lease plan, mainly in the wetlands and floodplain unsuitable for housing.
The Minister for Urban Affairs and Planning, concerned about environmental and other issues, convened a Section 22 committee in late 1996 including Penrith and Blacktown councils, the Department of Urban Affairs and Planning (DUAP) and NPWS. The Committee commissioned Gunninah to assess the conservation value of the vegetation. The Committee’s recommendations in August 1997 included 660 ha for a conservation area (see map top of page).
Doherty commented on Gunninah’s dismissive reference to the fact that most of the site is post-1947 regeneration. This actually reinforces the value of the western sector as having good rehabilitation potential even without human intervention. Clearly the CSIRO critique leads to the conclusion that the very basis for the Section 22 boundaries is fundamentally flawed and must be reviewed.
4. GPT owned Penrith Plaza since 1971 it became known as westfield after it was extended and renovated later on but redeveloped in 2005 see
http://www.skyscrapercity.com/archive/index.php/t-168700.html
My query is why register trademark PENRITH PLAZA in 1991 if it was built in 1971? Was it re-registered maybe The year boundries changed?
Westpoint Blacktown opened 1973 AFTER Penrith Plaza which opened 1971
So maybe Frank Lowy did not build on his own – so lets see who are the shareholders of GPT of which Lowy had only 6.5%
GPT
ownership
GPT is a public company, listed on the Australian Securities Exchange in April 1971 as GPT. It is one of the top 50 listed companies on the exchange by market capitalisation. GPT is internally managed with the responsible entity (GPT RE Limited) a subsidiary of GPT Management Holdings Limited.
About GPT Group
The GPT Group (GPT) is a property company with a focus on active ownership of high-quality Australian real estate in the retail, office and industrial sectors. Funds management and selective development complement this focus. Total assets have grown to A$9.5 billion at 30 June 2010 from A$6 million in 1971.
ITS A PROPERTY COMPANY !!!! WOW , that is a lot of money! Could Frank Lowy be a front man for a multinational cartel of SILENT PARTNERS???
wikileaks
General Property Trust Limited (ASX: GPT), trading as GPT Group, is an Australiancompany (also known as an Australian Stock Exchange listed stapled entity) that is a property investor and manager in Australia, Europe and the United States. It has been publicly listed in Australia since April 1971, and for several years until the early 2000s was owned by the Lend Lease Corporation, with Westfield Group‘s Frank Lowy maintaining a 6.5% stake.
The company made headlines in the Australian Financial Review throughout 2004 and early 2005 as the company, which is now independent, was courted by both Lend Lease and Stockland for a merger – however, its unitholders rejected both offers.
Its largest shareholder is the Government of Singapore Investment Corporation after thesovereign wealth fund assisted to recapitalise it in October 2008. [1] Mirroring the structure used by Warren Buffett in his transactions with General Electric [2] and Goldman Sachs[3], its fund manager David Leoy made the investment using convertible preferred securities and participation in GPT’s rights issue at the very nadir of the global financial crisis.
WOW, that’s a lot of jewish heavy weights involved here – GOLDMAN SACHS (that’s the company that sent Greece bankrupt and was it not also GOLDMAN SACHS that ripped of the Libyan investments. Gaddafi Son Saif-al-Gaddafi (the one fighting by his fathers side in bani walid) was enticed by the western allies to reform his country – so he convinced the Govrnment to invest with Goldman and Sachs which lost trillions of Libyan dollars of investment!!! It seems anyone involved with goldman sachs goes bankrupt EXCEPT FOR FRANK LOWY.
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