Browsing: Divestment

MORNINGTON Peninsula shire officers have prepared a draft submission regarding the partial divestment of HMAS Cerberus, with councillors unanimously voting to put it out for public consultation. In February, Defence Minister Richard Marles announced HMAS Cerberus would be “partially divested” as part of a massive sale of 35,000 hectares of defence real estate – including some of the nation’s most historic barracks – that is expected to raise almost $2b (HMAS Cerberus to be ‘partially divested’ in defence land sell-off, The News 10/2/26). At the time it was stated that 1164 hectares of the 1500 hectares that make up HMAS…