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Budget funding a boost for Lake Mac community, economy

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Lake Macquarie City mayor Kay Fraser has thanked the federal government for delivering on its election commitments for the LGA in its first budget.

And, she acknowledged the support of Shortland MP Pat Conroy, Hunter MP Dan Repacholi and Lake Macquarie-based Senator Ross Cadell in advocating for the city’s key projects and priorities.

Following this week’s announcement, $56 million will go towards the Mandalong Road upgrade while the Lake Macquarie Economic Development Package profited from $20 million to expand the mines grouting fund and facilitate an improved dredging program for Swansea Channel.

Other beneficiaries included Lance York Oval, Garden Suburb ($400,000); Lydon Oval, Dudley ($320,000); Cahill Oval, Belmont ($184,000); and Jack McLaughlan Oval, Edgeworth ($65,000); and Mums’ Cottage, Holmesville ($250,000); with a further $250,000 allocated for waterway remediation at Dora Creek, Cockle Creek and Slatey Creek.

“We worked very closely with our federal representatives to advocate for funding for projects that will boost our economy and benefit our community,” Cr Fraser said.

“So, it is gratifying to see this recognition in the budget.

“We look forward to continuing to work collaboratively with local MPs, the federal and state governments and community organisations on the delivery of these commitments.

“The Mandalong Road upgrade will generate more than $1.2 billion in economic uplift to the city’s south-west, the mines grouting fund expansion will potentially underwrite more than $450 million in development in Charlestown alone, and the dredging infrastructure will boost tourism and events on the lake while improving navigability of the channel for our boating community.

“The waterway funding will also assist with weed infestation and flood management in problem areas, while the sportsground upgrades will improve amenities for female athletes and people with a disability, making our facilities more inclusive and user-friendly.”

Lake Macquarie’s economic development company Dantia’s CEO Josh Sattler said the budget result demonstrated the federal government’s confidence in the LGA as a hub for investment and jobs growth.

“The economic initiatives included in the budget will stimulate and help us to diversify the local economy, developing new industries focusing on innovation, circular economy and job opportunities for the future,” he added.

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