Thursday 10 March 2011

Parramatta. Railway station proposed for CBD

Parramatta City Council seeks an underground railway station, near the Church Street and Victoria Road intersection to cater for the growth in commuters to the city. The proposal is an amendment to the controversial Parramatta-Epping link and would join the Rydalmere station (as was proposed in the initial plan through the current Rosehill station). Council said the proposed Civic Place project, the expansion of the UWS campus at Rydalmere and the development of a “knowledge park” near the Rydalmere station, would mean over 30,000 more commuters coming to Parramatta than the 6000 planned in the original 1998 studies.

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Warwick Farm. Headquarters move in 2014

William Inglis & Son aims to move to its new headquarters, at Warwick Farm, by the end of 2014, following the proposed sale of its Randwick premises, which could accommodate up to 900 apartments and townhouses, and could reap offers well in excess of $100 million, according to The Australian Financial Review.

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Blue Mountains. Trade mission to China

Lilianfels/Echoes Boutique Hotel/ Hydro Majestic, are among 15 NSW tourism operators on a trade mission to meet up to 40 key buyers and travel trade decision-makers from Mainland China, Hong Kong and Taiwan markets. Visitors from China are now the largest source market for economic value to Australia, worth $3.1 billion in the year to December 2010, followed by the United Kingdom and New Zealand. Asians are also the biggest spenders, splashing out an $9 billion last year - an increase of 9 .7 per cent - including $2.4 billion by Chinese, $966 million by Koreans, $912 million by Singaporeans and $881 million from Japanese. Spending an average of 56 nights in Australia, many Chinese are coming for short educational courses, as well as long long-stayers from Taiwan, Korea, Thailand, India and France.

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