Of all the parcels of land put in the hands of developers over these frenzied past few decades, has there been any that has inflicted more pain on the government than the Phillip pool and ice skating centre?
Approving the redevelopment of the site by Geocon might have seemed a good idea at the time, particularly for a government with limited means of raising revenue. But it has now seen the government snooker itself on not one but two major pieces of sporting infrastructure, all for the benefit of a private developer.
