Wednesday 24 June 2009

Region. WSROC welcomes committment

Western Sydney councils have welcomed the NSW Opposition’s commitment to building the axed rail links to Sydney’s growth areas in the north-west and south-west. “These links are urgent infrastructure projects for Western Sydney and critical for the growth of the metropolitan area,” said Clr Alison McLaren, president, of the Western Sydney Regional Organisation of Councils (WSROC). She said Western Sydney was integral to Sydney’s future. “The metropolitan area’s two halves must be fully integrated because one can not exist without the other,” she said

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Sydney Olympic Park. Supercars boost economy

NSW State Development Minister, Ian Macdonald, said the benefits of the Sydney Telstra V8 Supercars 500, at Sydney Olympic Park, include an additional 30,000 hotel visitors in Sydney each year, an additional $1.1 million directly from payroll taxes generated by the races over the five year period and up to 15,000 interstate and international tourists. The minister said the event would contribute around $100 million to $110 million to the NSW economy over five years.

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Sydney Olympic Park. Stadium sold for $30m

The ANZ is expected to announce, today, the sale of ANZ Infrastructure Services, to a consortium led by AFL chairman, Mike Fitzpatrick. The consortium has bought control of ANZ Stadium, at Sydney Olympic Park, and other assets. The buyout is believed to be worth more than $30 million, according to The Australian.

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Parramatta. $10,000 for Supercross event

Parramatta City Council has contributed $10,000 to the 2009 Supercross event to be held at Parramatta Stadium, in November. Over 15,000 people attended the event last year and promoters expect attendance of 18,500 this year. Council assessed the contribution to the local economy from the one-night event could be an estimated $1.3million. The event will be televised domestically and overseas.

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