The independent review into the Sydney Harbour Foundation Trust has recommended against long-term plans to transfer the control of historic sites into private hands. The review effectively rules out proposals such as one from art collectors Tony Berg and Danny Goldberg to invest as much as $100 million to convert Cockatoo Island into and ‘art island’.
The review is the first since the trust was set up in 2001 to restore former defence sites. These include the Macquarie Lightstation in Vaucluse and Neutral Bay’s Sub Base Platypus.
The report recommends against leasing entire sites such as Cockatoo Island, and calls instead for the creation of a special master plan for the world heritage-listed site with convict-era structures dating back to 1839 and a former shipbuilding dock.
The Australian Government response to the Sydney Harbour Federation Trust Review Recommendations – September 2020 can be found at: