The Western Sydney Business Chamber says the NSW Budget does continue major investments in transport, arts, education and health infrastructure in Western Sydney. It delivers on the Berejiklian Government's election commitments, including Sydney Metro West, Parramatta Light Rail, Powerhouse Museum and major investments in Liverpool and Westmead health.
The $6.4 billion over four years included in this Budget to accelerate Sydney Metro West is a welcome investment.
However, the Government needs to tell us where the rest of the funding will come from for a project estimated to cost up to $25 billion. The NSW Government may have to reconsider its position on further asset recycling, including remaining stakes in WestConnex and the state's electricity network, if it's going to meet the funding shortfall and deliver this much-needed rail increase by 2028.
The business community supports the Government fast-tracking the investigation into future extensions of Metro into Western Sydney.
The Government's commitment to exploring the extension from Bankstown to Liverpool should be followed closely by investigations into extending Sydney Metro West to the new airport.
Providing business with greater certainty over the future of Metro rail lines has the potential to unlock billions of dollars in investment that will create more housing and job opportunities.
The Government's commitment to expand Liverpool and Westmead health and innovation precincts positions these hubs as job generators.
The Western Sydney Airport and its surrounds will provide a major jobs hub and it's good to see $79.6 million for a new Western Sydney Mega TAFE specialising in construction trade built in the airport precinct.