Government to build second Sydney airport



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Malcolm Turnbull expects the second Sydney airport to inject more than $1.9 billion into the economy during construction.
AAP/Lukas Coch

Michelle Grattan, University of Canberra

The federal government has confirmed it will build Sydney’s second airport after the Sydney Airport Group, owner of Kingsford Smith, announced on Tuesday it would not take up its right of first refusal to construct and operate the Badgerys Creek airport. The Conversation

Sydney Airport Group chief executive Kerrie Mather said despite the opportunities the new airport would present, “the risks associated with the development and operation are considerable and endure for many decades, without commensurate returns for our investors”.

Next week’s budget will give details of the western Sydney project, which will be part of the budget’s major infrastructure focus.

The government has been paving the way for the airport project and its plan to inject funds into a Melbourne-to-Brisbane freight line by distinguishing between “good” and “bad” government debt. In broad terms, it says “good” debt is for investment that brings growth, while “bad” debt is borrowing for recurrent spending.

In a joint statement, Malcolm Turnbull and Urban Infrastructure Minister Paul Fletcher said the project was vitally important for western Sydney, Sydney, and the nation.

They said the airport would inject more than A$1.9 billion into the economy during the construction phrase. “It is expected to deliver 9000 new jobs to western Sydney by the 2030s, and 60,000 in the long term,” they said.

They said the government had been planning for either the acceptance or rejection by the Sydney Airport Group, and was “well positioned to move forward”.

Jennifer Westacott, chief executive of the Business Council of Australia, said often governments had to step in for the early stages of a nation-building project but that always should be a catalyst for private sector investment in the longer term.

Michelle Grattan, Professorial Fellow, University of Canberra

This article was originally published on The Conversation. Read the original article.

Australia: Hillsong and Mark Driscoll


The link below is to an article that reports on Australia’s Hillsong Church and its invitation to Mark Driscoll for its Sydney convention later this month. Mark Driscoll was lead pastor at the Mars Hill Church in Seattle, USA.

For more visit:
http://www.dailymail.co.uk/news/article-3112154/Hillsong-Church-receives-backlash-inviting-disgraced-pastor-described-women-penis-homes-conference.html

These Australian Social Media Reactions To The #SydneySiege Are Perfect


TechCrunch

The hostage situation in Sydney’s busy city district has crossed over into day two, with the identity of the hostage taker revealed as Man Haron Monis.

The perpetrator, 49, is a self-proclaimed sheikh already pending trial and out on bail for being an accessory to murder. He still has an unconfirmed number of hostages captured inside a Lindt Cafe in Sydney. Some hostages escaped or were otherwise freed, and police have now stormed the cafe, according to the NYT.

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TechCrunch isn’t the place for breaking news on the situation, which can be found here and here. But as the world watches Sydney, we noticed a specific, and now-viral, status update from Jason Maggs. It has now been shared more than 16,000 times on Facebook, noted by FBNewswire, and we’re simply hoping to pass the powerful message along.

He wrote:

I just caught a train home…

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