The Federal Government has confirmed it will to build the Western Sydney Airport, with further details to be announced in the 2017 Budget.
This follows an announcement from Sydney Airport Group, the owner of Kingsford Smith Airport, that it will not take up the opportunity under its ‘right of first refusal’ to build and operate the new Western Sydney Airport at Badgerys Creek.
The airport will be a major catalyst for jobs and economic growth in Western Sydney, injecting more than $1.9 billion into the economy during the construction phase alone. It is expected to deliver 9,000 new jobs to Western Sydney by the early 2030s, and 60,000 in the long-term.