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THE Department of Defence’s use of chemicals potentially dangerous PFOS and PFOA at their airports will most likely continue to come under scrutiny nationwide following significant levels detected at the RAAF Base Williamtown in New South Wales and the Oakey Army Aviation Base.
Australian Standards Board member and Preston Rowe Paterson director Robert Dupont addressed the audience at the Australian Property Institute’s National Property Conference on the Gold Coast, the issue of site contamination from past firefighting practices at defence force airbases and other airports.
Dupont said this has become a critical issue for all property in the immediate vicinity of airports Australia-wide.
He added that the experience at Williamtown in the Hunter Valley is seen as the test case for the rest of Australia for remediation strategies and the repercussions on land and property prices in the area.
Read and watch more special coverage of the Australian Property Institute’s 2016 National Conference:
- Focus on fundamentals not financial wizardry
- Future of real estate offers challenges and opportunities
- Residential oversupplied but no property bubble
- Recent changes to API a positive move
- Valuation industry encouraged to cap downside risk
- Disruption in property industry here to stay
- DoD land contamination to test property prices
- Value uplift drives repurposing of industrial land
Australian Property Journal
