Ann: Western Sydney Airport Notice of Intention, page-6

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Extract:
"Its lawyers will now point to a clause in the documentation that means it can ask for more time to respond to the NOI if it is not "substantially familiar" with the terms now on the table.
Chief executive Kerrie Mather wants nine months to respond, warning that the proposal is now a "challenging investment proposition". Fletcher [Minister for Urban Infrastructure] is offering four months.

"Mather correctly argues that the company has a duty to shareholders to rigorously assess the proposal but at the end of the day both the government and Sydney Airport are playing games which threaten to the delay the project further.
"Mather is quite rightly seeking to extract maximum value for her shareholders while the government has a duty to taxpayers to minimise the financial burden of the project. This is a delicate balancing act, though, as Sydney Airport is the logical operator and putting the project up for tender risks turning it into another National Broadband Network (NBN)."

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