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Heard it all before

12 Jun, 2008 09:36 AM
A 10-YEAR blueprint for the state's future has predicted the Hunter's population will grow by 49,000, but has not revealed any major new building projects to cope with the extra residents.

The report, unveiled yesterday by Treasurer Michael Costa, promises the delivery of some major capital works in the Hunter, but the region has heard them all before and most received funding in this year's budget.

Business and property groups have sounded the alarm over the absence of the F3 link to Branxton in the new State Infrastructure Strategy (SIS), along with the Glendale transport interchange and the Swansea bridge. The report has promised $140 billion for key infrastructure around NSW for the next decade.

It does not take into account the $10 billion expected to be generated by the Government's proposed sale and lease of state-owned electricity assets.

Nor does it factor in the $15 billion the Government would have to spend to build a new baseload generator if its privatisation plan failed.

Property Council Hunter chapter spokesman Bob Hawes said the strategy lacked vital details to ensure regional projects were delivered on time and to budget.

"We welcome the $140 billion commitment to 2018 but key projects are missing," he said.

"And there are some projects like the Newcastle court upgrade which are listed with an asterisk, to show they are not approved but are generally in the plan.

"There was an opportunity to put in projects like Glendale interchange and Swansea bridge on the same basis to get them flagged and on the production line."

The strategy includes previously announced projects including the Belmont Hospital upgrade, Raymond Terrace police station, and the Newcastle Inner Bypass: Shortland to Sandgate.

Mr Costa said the delivery of infrastructure would create new housing and employment opportunities.

"Over the period 2006-2031 it's estimated the population of the Lower Hunter will grow by 160,000 people," he said.

"Providing for the growth will require the construction of 115,000 new dwellings by 2031, 69,000 of which will be required in new residential areas."

The Urban Taskforce, a property development industry group, echoed those views yesterday, saying the inner-city by-pass would support efforts to build new houses.

The Treasurer's office also said the absence of the Glendale interchange and Swansea bridge projects did not necessarily rule them out.

"The SIS lists the significant projects which are under way in the budget and forward estimate period and major projects and categories of projects in the following six years," a spokeswoman said.

"It is not intended to be an exhaustive list of every individual project over the next 10 years."

Hunter Business Chamber chief executive Peter Shinnick said the strategy had noticeable "holes" and called for the missing projects to be funded by the planned privatisation of electricity.

"We want some sort of commitment . . . the Glendale interchange and Swansea bridge will go ahead," he said.

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 MICHAEL COSTA
MICHAEL COSTA

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