News

  • Written by Hanna Johnson


The Australia state of New South Wales has made a commitment to develop and complete a number infrastructure projects. In 2016, the government first unveiled its plan to develop a new light rail line, but the project had not taken on. In June of this year, treasurer Dominic Perrottet presented the budget for 2018-2019, which included assigned funds for the construction of a new rail line in Sydney.

The project is known as Sydney Metro West. It is the third part of the Sydney Metro, which will in combination with Sydney Metro Northwest and Sydney Metro City & Southwest, complete the Sydney Metro that will officially have 31 stations.

State Premier Gladys Berejiklian said, “Sydney Metro West will be our city’s next big underground metro railway — a new, easy link between Sydney CBD and Parramatta — and we’re getting on with the job as quickly as possible.”

The government has planned to invest AUD$3 billion into Sydney Metro West, recognizing that upon completion of the project, it will change the lives of residents. Andrew Ballantyne, JLL’s head of research explained that New South Wales is in a current period of infrastructure spending and of the current projects going on, the three rail lines “and specifically the placement of stations along the routes — will have the greatest effect through reducing travel times and costs, connecting people with job opportunities and connecting products with markets.”

A government website dedicated to the Sydney Metro West project reads, “(It will double) rail capacity between these two areas (Sydney and Parramatta), linking new communities to rail services and unlocking housing supply and employment growth between the two CBDs.”

According to The Daily Telegraph, the project is expected to take 5 years to complete, with construction beginning in 2020.

The project has come about from a strong need to better support the area. New South Wales has a high and still growing population, and Sydney has one of the highest population densities in NSW. “In per person terms, New South Wales has been the fastest growing state economy over the past three years thanks to strength in household consumption, dwelling investment and public investment,” read a state government statement. As of 2016, 62% of its 8 million residents are living in Sydney and the population is growing at 106,100 people a year. Better infrastructure is required to support this fast growing area. Upon completion of the project, the area will have significantly better connection and will provide a higher quality of life for everyone in the area, providing a public transportation option that will take more cars off the roads. The economy will also benefit. According to the state government, “The State’s economic boom is forecast to continue, with the record infrastructure program contributing to a pick-up in business investment.”

Politics

Scott Morrison at Australia-Israel Chamber of Commerce

QUESTION: I suppose one question I'll ask is about the role of social media, YouTube, Facebook. And the sort of thought process that we’re having as a nation of how we can create that sort of societ...

Scott Morrison - avatar Scott Morrison

Delivering the rail links Western Sydney needs

The Morrison and Berejiklian Governments will ensure the Western Sydney International (Nancy Bird Walton) Airport has a metro rail line in time for its opening.   The Prime Minister said his Gover...

Scott Morrison - avatar Scott Morrison

Nancy-Bird Walton immortalised at Western Sydney Airport

Australia’s biggest aviation project will honour one of the nation’s trailblazing stars of the sky.   The $5.3 billion Western Sydney Airport will officially become Western Sydney International (N...

Scott Morrison - avatar Scott Morrison

Business News

Intense Growth As Car Next Door Launch Capital Raise

Releasing internal revenue figures for the first time, Car Next Door has achieved marketplace revenue of $10m last year and is on track to almost double that again in 2019 as it marks the start of a...

Car Next Door - avatar Car Next Door

How two 30-year old’s made 4 million in 2 years with coffee

Try ordering a “coffee” and chances are you’ll be met with a bored eyeroll and the expectation to specify “how” you’d like your coffee. Will it be, cold-drip, filter, nitro, hell let’s go old school...

Sophia Day - avatar Sophia Day

Why savvy female entrepreneurs need branding more than ever

Branding isn’t new, but it’s become a integral factor in any business success, especially for female entrepreneurs. With an oversupply of skincare, hair and beauty products, fashion accessories, hea...

Stella Gianotto - avatar Stella Gianotto

Travel

The Gold Coast is famous for fun but it is also famous for horrible traffic issues

The Gold Coast is a great place for a holiday but there are problems that tourists need to be aware of. The Gold Coast airport is a busy place. Thousands of visitors arrive every day from around the ...

Holiday Centre - avatar Holiday Centre

Older generation Australians are embracing solo travel

Allianz predicts a rise in solo travel in 2019, revealing those most likely to ‘go -it-alone’ among the 50+ age group   The popular ‘solo travel’ trend is predicted to continue in 2019 with mor...

Media Release - avatar Media Release

Fun Things You Must Do In Perth

Perth: Sun, sand and 19 beaches might seem to sum up the city, but not quite. The sunniest capital city in Australia offers so much more for you to do. Regardless of what your idea of fun is, you wi...

News Company - avatar News Company