ABC News – Australia
·australia
·1 day ago
$1b worth of forgotten roads have been 'found' by Queensland councils
Queensland councils discovered $1.34 billion in "found assets" between 2020 and 2025, including roads, footpaths, and drains they did not realize they owned. The Queensland Audit Office report identified systemic weaknesses in asset tracking, with Gold Coast finding $37.4 million last year and Sunshine Coast discovering $92 million. Poor bookkeeping and lag times in recording developer contributions caused the discrepancies.
Summary by Glance · ABC News – Australia
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