The only reason for the delay in giving a green light to PEP 11 is that the minister responsible for approving PEP 11 is a Nationals MP. He needs to be a team player and make sure The Nationals have the best possible chance of winning the NSW by-election.
It's straight out of the political playboo: you parachute in heaps of money to the electorate (sports grants!) and you don't poke your head above the trenches with an ill-timed announcement.
Once that is out of the way, he can stamp “approval”.
Beforehand would be seen as an act of utter bastardry within the Party.
We can complicate it all we like but it is politics, it’s a no brainer. So, if you have the funds, it may be a chance to buy cheap. For those of us who are fully allocated, it’s just a matter of time.
The only reason for the delay in giving a green light to PEP 11...
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