Friday 12 June 2009

Region. $22 million windfall for parklands

Western Sydney councils are “excited” over the $22 million windfall for the upgrading of one of the world’s biggest urban parklands in one of the fastest growing regions of Australia. The Western Sydney Parklands, which spans the Blacktown, Fairfield and Liverpool LGAs … is a vast conservation, lifestyle and recreation haven of 5200 hectares, equivalent in size to 25 Centennial Parks, and stretches for 27 kilometres from Quakers Hill, in the north, to Leppington, in the south of the region. The investment is expected to create around 60 local construction jobs a year over four years.

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Ryde. The future of Macquarie Park

The City of Ryde is seeking nominations from business groups and the community to join the new Macquarie Park Forum, to help shape the future of Macquarie Park, a nationally significant research and employment centre with a working population of over 30,000 people. The area, expected to become the fourth largest business district in Australia, by 2031, includes some of Australia’s Top 100 companies in the media, IT&T, medical research and pharmaceuticals as well as Macquarie University and the Macquarie Shopping Centre.

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Holroyd. Council is 'sustainable'

Holroyd City Council has been awarded the highest financial sustainability rating possible in a survey conducted of the 100 largest NSW local government authorities .by Fiscal Star Services. “Maintaining strong financial sustainability gets harder year after year,” council said.

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Richmond. Call to open RAAF base

Bruce Buchanan, CEO, of Jetstar, said opening up defence bases at Richmond, Edinburgh and near Auckland would change the competitive dynamics of Sydney, Adelaide and Auckland. “Defence is talking about Richmond but when that will happen, I don’t know. but they have got to come up with a solution to Sydney and I would image that politically that’s a much more palatable answer than anything else out there,” he said in The Australian.

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Liverpool. Former golf course for sale

A former golf course in Liverpool, owned by property developer, Palerma, which bought the property for $700,000 in 1993, is being marketed as a mortgage-in-possession. Solicitors Mortgage Trust Fund expects the property to fetch up to $6 million. Eddie Parilo, of Palerma, hopes to take back the property by paying out loans, and turning it into the Cumberland Grove Sporting Recreation and Research Institute, according to The Australian Financial Review.

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Liverpool. former golf course for sale

A former golf course in Liverpool, owned by property developer, Palerma, which bought the property for $700,000 in 1993, is being marketed as a mortgage-in-possession. Solicitors Mortgage Trust Fund expects the property to fetch up to $6 million. Eddie Parilo, of Palerma, hopes to take back the property by paying out loans, and turning it into the Cumberland Grove Sporting Recreation and Research Institute, according to The Australian Financial Review.

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Minchinbury. Aldi opens $35 million centre

Aldi Stores has officially opened its $35 million state-of-the art, 4700 square-metre product development and quality assurance centre, at its Australian head office in Minchinbury. Michael Kloeters, group MD, said the opening was a milestone in Aldi’s eight years of operation in Australia. The centre, which took 14 months to construct, also houses Aldi’s expanding buying team, whose numbers will have increased by over 25 per cent, by the end of the year, to cater to demand.

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