We need make some allowance for Nicholson, he is Australian and doesn't do accuracy or detail!!.... but seriously, there has been no LAND AUDIT, only, essentially, some cursory analysis of transactions since 1994.

There is only one way to do this sort of audit.... 100%......who owns what land (with some further info if a company), what it is used for, title deeds etc. 

It would take some years but this new 'Domesday Book' can form a credible base to go forward.

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