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NSW's vision for the future dependent on flood modelling


NSW’s vision for the future dependent on flood modelling
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Billions of dollars of development in Sydney’s west and north-west are dependent on flood-proofing the region, with growing opposition to raising the Warragamba Dam wall casting doubt on ambitions to double the population and generate thousands of new jobs in the area.
Planning Minister Rob Stokes said on Tuesday the NSW government’s vision for the future of the Hawkesbury-Nepean region depended on flood modelling being undertaken in the area while the state embarks on a controversial plan to raise the wall of Sydney’s biggest reservoir by as much as 17 metres. ....

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NSW's vision for the future dependent on flood modelling

NSW's vision for the future dependent on flood modelling
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

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Betterment tax: NSW government's plan for a value capture mechanism proves elusive


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Planning Minister Rob Stokes says major political challenges have hampered the NSW government in setting up a levy or tax on land values that skyrocket as a direct result of infrastructure projects.
Mr Stokes agreed that some of the uplift in land values due to government-funded projects – such as Sydney’s second airport at Badgerys Creek – should go toward paying for the infrastructure required to support the extra development.
Giant scrapers undertake major earthworks on the airport site at Badgerys Creek.
Credit:Kate Geraghty
With the NSW government spending $107 billion on infrastructure over four years, a so-called value capture mechanism has often been touted as a way for the state to help fund projects by recouping some of the windfall gains made by landowners. ....

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