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April 10, 2013
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- April 10, 2013 at 4:24 PM
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- Caulfield Racecourse/C60
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Glen Eira Debates %d
April 10, 2013 at 5:57 PM
They’re crying poor! Unbelievable. My heart sure bleeds. Betyas that they’ll now be going not for 1500 units but 28 storeys and 2000 units on C60.
April 10, 2013 at 8:10 PM
This changes is a significant change – it should result in the MRC either vacating it’s tacpayer subsidised office accommodation on the Racecourse Reserve or paying full commerical rates for the office accommodation.
April 10, 2013 at 9:05 PM
“we’re no longer racing-centric” says it all. The joke of a non profit organisation finally admits that its only reason for existence is to make more money. That does not bode well for the racecourse and residents. I’d like to be as sure of winning tatts as I am that from the MRC viewpoint training is there to stay forever. The mentality hasn’t changed. It’s become more transparent and rapacious.
April 10, 2013 at 9:35 PM
As part of its justification for C60, MRC revealed that “there has been a general decline in racing attendances and other racing-related revenue”, and Council prepared the amendment specifically to help the MRC maximise the money it could make from its land-holdings. That’s what it meant by “facilitate”. Nobody knows how many dwellings will ultimately be built, with MRC only indicating that one particular development scenario yielded 1200 dwellings. There is nothing to suggest the development will comply with Guidelines for Higher Density Residential Development or ResCode standards.
April 11, 2013 at 8:20 AM
Running pokies under the tax free umbrella of a club seems wrong. These blokes are going hard at it. All the AFL clubs get away with the same thing as do the NRL clubs in NSW and Queensland. Got to be the best tax rort in existance.
April 11, 2013 at 12:23 PM
MRC does par some tax to the government for the 700 plus pokies it owns, however, it pays 25% per cent tax rather than 33% which all hotel venues pay. This is extraordinary since the M.R.C. controls the second largest number of pokies in the state, receives special rates treatment from the City of Glen Eira (on our behalf), does not have to invest embedded capital in owning the land area for the pokies and probably pays token rental to the CRRT and of course is free of the land tax slug for this property which could well be many thousands per week because it lives on Crown Land. Just imagine what this bill would be over at Zagames. Support them rather than the Racecourse Glasshouse as they have to recover enormous costs.