This audit examines the processes which led to the Government’s decision to demolish and sell the East Fairfield (Villawood) housing estate at a cost of nearly $32m gross ($17m net). In doing so, the audit focuses on whether the decision process demonstrates that it is an efficient and effective use of government funds.
The audit raises a number of concerns about the decision-making process. Although demolition and redevelopment may have been the most efficient and effective outcome, The Audit Office is not able to confirm this from the evidence presented. Audit found that the process used to arrive at this decision was not transparent, nor was it adequately justified by available evidence.
Parliamentary reference - Report number #46 - released 29 January 1998