Just trying to digest the Budget 2014 in relation:
http://www.news.com.au/finance/economy/what-the-federal-budget-2014-means-for-you/story-fn84fgcm-1226916437313
IF YOU LIVE IN WESTERN SYDNEY ...
Good news as you will receive the lion?s share of an $11.6 billion Infrastructure Growth Package. It?s part of $50 billion to be spent over the next seven years with $14.9 billion of that going to New South Wales.
Western Sydney will directly benefit from a dedicated infrastructure plan that includes development of an airport at Badgerys Creek as well as improved transport connections like a $2 billion concessional loan to help build the WestConnex.
What's peoples view on the recent Badgery's Creek Airport announcement, now a confirmed budget spending on building infrastructure on Western Sydney?
There has been alot of talk in the past about Western Sydney getting this boost, but I have not seen anything as committed as now.
As for property investment, I would think it will create rental issues in short term with workers flying in, and good capital growth in the long term because of the infrastructure and employment opportunities.
http://www.news.com.au/finance/economy/what-the-federal-budget-2014-means-for-you/story-fn84fgcm-1226916437313
IF YOU LIVE IN WESTERN SYDNEY ...
Good news as you will receive the lion?s share of an $11.6 billion Infrastructure Growth Package. It?s part of $50 billion to be spent over the next seven years with $14.9 billion of that going to New South Wales.
Western Sydney will directly benefit from a dedicated infrastructure plan that includes development of an airport at Badgerys Creek as well as improved transport connections like a $2 billion concessional loan to help build the WestConnex.
What's peoples view on the recent Badgery's Creek Airport announcement, now a confirmed budget spending on building infrastructure on Western Sydney?
There has been alot of talk in the past about Western Sydney getting this boost, but I have not seen anything as committed as now.
As for property investment, I would think it will create rental issues in short term with workers flying in, and good capital growth in the long term because of the infrastructure and employment opportunities.