Daracon Group claim they’re not property developers, as political donations revealed

Daracon Group claim they’re not property developers, as political donations revealed
Jennifer DukeJuly 14, 2014

Daracon Group’s founder, David Mingay, has said that the company is not a property developer, and therefore allowed to make political donations.

Daracon Group is involved in subdivisions and larger commercial projects, however the Newcastle Herald reports that political donations – of $15,000 to Newcastle MP Tim Owens – would be illegal if the company was classified as a property developer. They can make federal donations but not state.

The Newcastle Herald notes that the company lists property development among its skills, such as a 10-lot subdivision in Casuarina Drive, The Vintage, and earth and roadworks for Bovis Lend Lease’s Charlestown Square project.

The company engages "in a broad range of construction activities including road, rail, concrete structures, landscaping, quarrying and mining".

"Supporting these activities is Daracon’s large fleet of machinery and plant which consists of over 230 modern, fit-for-purpose machines that are maintained to the highest standard."

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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