Colliers provided a range of values between $1,050 and $2,300 per megalitre and discussed factors that might shift the price. How she came to the conclusion that $2,745 per megalitre was an OK price to pay when the valuer had clearly stated the maximum was $2,300 per megalitre is beyond comprehension, he said. The department said that while the valuation was $1,500/ML with a market value range of $1,100/ML to $2,300/ML, the valuation also stated that the department should be prepared to pay 10% to 30% above the standard market rate. It led to the department paying $13m above the top value recommended by Collier, and nearly twice the figure Colliers provided as its mid-point of $1,500 a megalitre. Colliers discussion of a premium in the valuation was to guide the department if it chose to move beyond the recommended valuation of $1,500 per megalitre.
In eight years of parliament, four of them have voted to purchase prices in the top range.
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In eight years of parliament , four of them have voted to purchase prices in the top range .
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