More than 60 Brisbane homes identified for acquisition in flood buyback scheme

  • 📰 abcnews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

Mayor Adrian Schrinner says the latest list of properties earmarked for acquisition is a 'good outcome' for flood-ravaged suburbs.

abc.net.au/news/flood-brisbane-homes-61-more-acquired-buyback-scheme/101603316Another 61 Brisbane homes have been identified for acquisition as part of the Voluntary Home Buyback Program .Sixteen homes were idenitified during the first round of the programBrisbane Lord Mayor Adrian Schrinner announced the details of the scheme's second round in a council meeting, which was delayed by 90 minutes due to the Melbourne Cup, on Tuesday afternoon.

He said 44 of the properties were in Rocklea, one of the hardest hit areas of the city in the February flood. Five homes are in Auchenflower, three are in Oxley, and there are two each in Fairfield, Sherwood and Herston, as well as one each in Archerfield and Windsor. In late August, Cr Schrinner said the council had received $50 million from the Queensland government to carry out the property resumptions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You were warned.😎👍

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines