I've got an idea - Moe, Victoria, stay with me on this one.
They could fill in that open cut mine with water. Knobs who own V8 utes, commodores or jetskis as well as duck shooters would be given incentives such as free lake side homes, cheap bundaberg rum, tooheys dry and a care free police attitude towards public drunkedness, Jimmy Barnes recordings, wildlife shootings, circle work on the roads and in the open cut lake. After a while other knobs would just gravitate there - just like scratchers gravitated towards Nimbin in the 70s. Then all they have to do is gate it off from the rest of us. Give it 20 years and it will become a tourist destination.
Win Win