Penrith. Gerry Harvey spends $61 million

Retailer Gerry Harvey has spent $61 million to buy 900 car spots as part of a feud with a rival retailer. The feud relates to the Penrith Supa Centa and its plans to build an extension over a parking lot used by Harvey Norman customers. Mr Harvey bought the property when the developer of the project, Pipven, went into receivership. "It cost $61 million to buy the property. It was a very expensive way to get rid of the problem, but now it has disappeared," Mr Harvey said.