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Nigel Satterley is the founder of Satterley Property Group, a privately owned real estate and land development company based in Perth that develops residential estates in Western Australia and Victoria.[1]
Nigel Satterley | |
|---|---|
| Born | Nigel Frank Satterley July 7, 1947 |
| Education | Governor Stirling High School. Left at 16 |
| Occupation | Land Developer |
| Political party | Liberal |
| Honours | Member General Division Australia Day Honours (2006) |
History
editSatterley attended Governor Stirling Senior High School but left when he was 16 to work at a clothing wholesaler in Midland. While working there, Satterley somehow acquired Western Australian distributorship for Levi Jeans at the cusp of the fashion trend in the late 1960s.[2]
In 1967, Satterley was placed on the National Service Registration as a form of national service registrant excluded by ballot.[3]
In the 1970s, Satterley launched a building company called Statesman Homes based at 135 St George's Terrace. This was also around the time he met James McCusker and Bob McKerrow, who founded Town and Country Building Society (now part of ANZ).[2]
In 1980, Satterley sold Statesman Homes and founded Satterley Crofts. That same year he also founded Satterley property group. At this time Satterley was embroiled in an international controversy surrounding land selling expeditions to Singapore.[2]
By 1993, Satterley owned 70% of Private New Estate Land, with 80 total stuff running $350 million of annual sales. Clients included the McCusker Family, Town and Country Bank, and the Archbishop of Perth.[2]
In 1995, mention that Satterley Real Estate controlled the development of the Kwinana Freeway. Hansard records also mention Satterley Real Estate implementing security programs during the Kwinana redevelopment, and being involved in the Dalyellup development.[4][4][5][6]
In November 1997, Shadow Minister for Transport Alannah MacTiernan told Parliament about a person who was left homeless and penniless after being misled by Satterley Real Estate. Ms. MacTiernan said that despite the complaint being lodged in 1990 and brought directly to the Minister for Fair Trading Peter Foss in 1994, minimal action was taken and only after receiving attention in the Sunday Times in 1995.[7]
By 1998, Satterley and McCusker were confirmed to be managing at least the suburbs of Balga, Girrawheen, Koondoola, Westminster, and Armadale.[8]
In 2006, Satterley was awarded the General Division Australia Day Honour "for service to urban development and renewal programs, to the community through support for charitable and medical research organizations, and to sport." He was a number one ticket holder for the West Coast Eagles in 2007-8.
In 2008, Satterley served as a witness for the Select Committee on Housing Affordability in Australia as a member of the Urban Development Institute of Australia, Western Australia Satterley Property Group, Western Australia.[9] The president of the Urban Development Institute of Australia, Western Australia, Mr. Warwick Hemsely referred to him as a "leader in the industry". In this committee, Satterley pushed for first home buyers to be given tax relief on property interest payments and expressed concern over environmental agencies having approval issues. During this inquiry, Satterley said about property development:
This is what we call the law of the jungle. You are in the jungle and in our jungle you have got rats, weasels, snakes—they are all there. That is the business that Warwick and I are in. It is the development business, and you do have competition.
— Nigel Satterley, 2008 Select Committee on Housing Affordability in Australia, HOUS AFF 65 Tuesday 8 April 2008
Satterley also complimented the public development company Landcorp for being a premium, commercially savvy developer.
In February 2009, Satterley wrote to compliment Federal Minister for Housing, Tanya Plibersek, for massively improving home buying rates by via the first home owners grant.[citation needed]
In May 2010, Liberal Member for Canning, Don Randall, mentioned a statement by Satterley's agency warning that a new mining tax would add cost to building new homes due to quarries being more expensive. [citation needed]
In November 2010, Satterley Property Group was reported to have acquired the former Kodak site in East Coburg for $79 million, twice the previous bought price by Urbex in 2006. The reason was attributed to land value rises.[citation needed]
In May 2011, Greens Senator Scott Ludlam criticized Nigel Satterley in the Environment and Communications Legislation Committee for his defense of Urban Sprawl, negative views of endangered species protections and $25,000 donation to the Liberal Party.[10] Satterley was one of three private developers among the thirteen people on the Social Housing Advisory Committee.
In 2017, Satterley Advocated against the religious aspects of the Western Australian Liberal Party,[11] stating that the "clan" faction of the Liberals are still in power. Satterley reportedly faced expulsion from the Liberal Party for these criticisms.
in 2011, Satterley defended Western Australian Liberal MP Troy Buswell's sexual misconduct allegations as the actions of a "jilted lover" out for revenge.[12]
In August 2022, Satterley hosted dinner at his Peppermint Grove Mansion with Premier Mark McGowan in attendance. McGowan stated that they went to the dinner to promote investment in Western Australia. Other guests included Chris Ellison, Russell Gibbs, Mike Anghie, Michael Chaney and John Van Der Wielen.[13][14]
References
edit- ^ "About". Satterley Property Group. Retrieved 2024-10-14.
- ^ a b c d "THE MAN WHO'S SELLING PERTH". Australian Financial Review. 1993-03-26. Retrieved 2024-10-14.
- ^ Item: PT676/1, 5015859-1 Nigel Frank Satterley, National Service registration
- ^ a b Legislative Assembly, 21 June 1995: https://www.parliament.wa.gov.au/Hansard/hansard1870to1995.nsf/83cc4ce93b5d4e0b48257b33001cfef6/ECF418F5A712C3B248257B4400164E6A/$File/19950621_Assembly.pdf
- ^ Legislative assembly, 25 March 1997: https://www.parliament.wa.gov.au/hansard/hans35.nsf/f3f374a52da3a5b048256ac3001de95f/4a70d1980e7e9002482565eb0002e36e/$FILE/A0325005.PDF
- ^ Legislative Assembly, 18 June 1997: https://www.parliament.wa.gov.au/hansard/hansard1870to1995.nsf/83cc4ce93b5d4e0b48257b33001cfef6/7E3E83E3A426652048258435001EEBFC/$File/19970618_Assembly.pdf
- ^ Legislative Assembly, 2:37pm 20 November 1997: https://parliament.wa.gov.au/hansard/hansard1870to1995.nsf/83cc4ce93b5d4e0b48257b33001cfef6/B9D7F171701F868748258435001EECDB/$File/19971120_Assembly.pdf
- ^ Legislative Assembley 25 June 1998: https://www.parliament.wa.gov.au/Hansard/hansard1870to1995.nsf/83cc4ce93b5d4e0b48257b33001cfef6/255FD9A250D061F848258435001EF941/$File/19980625_Assembly.pdf
- ^ "Commonwealth of Australia. Senate Select Committee on Housing Affordability in Australia". www.aph.gov.au. 2008-04-08.
- ^ "Commonwealth of Australia. Senate, Environment and Communications Legislation Committee". www.aph.gov.au. 2011-05-24. p. 150.
- ^ "'The clan is still in full control': Why the Liberals lost WA". Australian Financial Review. 2022-06-06. Retrieved 2024-10-14.
- ^ "Buswell rejects ex's 'humping' claims - 9News". www.9news.com.au. 2012-12-10. Retrieved 2024-10-14.
- ^ "McGowan's $1000 wine tasting dinner with top developer". PerthNow. 2022-08-17. Retrieved 2024-10-14.
- ^ "Will Mark McGowan's latest bold move leave a positive legacy, or be seen as a power trip?". ABC News. 2023-02-25. Retrieved 2024-10-14.