More funding allocated for replacing heavy rail
The NSW Government allocated another $103 million in the State Budget delivered in June toward the Newcastle heavy rail truncation and new light rail route.
The new transport system for the Newcastle CBD is a vital component of the City’s renewal and the new allocation provides reassurance that the NSW government is determined to press ahead with this vital projects and to provide investors with certainty regarding Newcastle’s future.
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A DA for the major redevelopment of Stockland Glendale has been submitted to Lake Macquarie Council.
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Massive rise in stamp duty
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