If Doma considers the ACT Government’s taxes and charges (the Lease Variation Charge – LVC) makes the site financially unviable to demolish and redevelop, then why not stage the project.
Stage 1 – demolish the buildings. If Doma Group does not have the cash flow then the ACT Government could loan them the required funds, which could be paid back when the land is developed.
Stage 2 – development to be undertaken in the future when financially viable. At this point the loan could be returned and the LVC determined and paid