🇦🇺 Australia · 2018 · 🏗️ Megaprojects
12 hectares next to the new Western Sydney Airport. Not needed until after 2050.
💸 Guess, then reveal the price
A$29.8 million 12 hectares of land
The cows on it are now the most expensive cows in Australia.
What actually happened
The Australian National Audit Office found the government paid $29.8 million in 2018 for the Leppington Triangle, land valued at about $3.1 million in the department’s own accounts a year later — roughly ten times what it was worth.
Source: Australian National Audit Office ↗ · Amount in original currency, not adjusted for inflation. An unusual cost is not automatically waste; see how we check the facts.