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Australia NSW motorway sale funds $20.7m for Burwood

05:01  04 october  2022
05:01  04 october  2022 Source:   aap.com.au

Driver's huge Sydney toll road charges for NorthConnex, M2 and Lane Cove Tunnel

  Driver's huge Sydney toll road charges for NorthConnex, M2 and Lane Cove Tunnel The Australian driver shared a screenshot of the cost to Reddit on the weekend saying they 'told their GPS to take the fastest route including tolls'.The driver shared a screenshot of the cost on the weekend saying they went to Darlinghurst and back and 'told their GPS to take the fastest route including tolls'.

With western Sydney shaping up as a prime battleground in the NSW election, the government has begun drip feeding funding announcements for community projects in the crucial area.

The NSW government has allocated another set of grants from the proceeds of its Westconnex sale. © Bianca De Marchi/AAP PHOTOS The NSW government has allocated another set of grants from the proceeds of its Westconnex sale.

The government has a substantial war chest in 'WestInvest', a $5 billion community investment fund created by the $20.4 billion sale of WestConnex - the entire conglomerate of Sydney's toll roads.

WestInvest includes $3 billion for government agencies delivering "transformational projects", $400 million providing up to $35 million in funding for 15 western Sydney councils, and $1.6 billion in grants for local community groups, which councils can also apply for.

Optus issues grovelling apology in full page ad as fewer NSW residents required to replace licences

  Optus issues grovelling apology in full page ad as fewer NSW residents required to replace licences Optus published the grovelling apology in newspapers, and shorter versions in shopping centres, saying it was sorry to its 9.8million customers impacted by the hack. 'We're deeply sorry,' the apology read. 'We're deeply sorry that a cyberattack has happened on our watch. 'We know this is devastating and that we'll need to work hard to regain your trust. The attack was quickly shut down, and we are working closely with authorities to understand how this attack on your privacy occurred.

Premier Dominic Perrottet says the west will benefit from the government's asset recycling and got the ball rolling on Monday, flagging $24 million for four projects for Canterbury-Bankstown council in Sydney's southwest.

Treasurer Matt Kean followed up on Tuesday announcing Burwood in the inner west, would be getting $20.7 billion for eight community projects including "new and expanded local parks, gardens and playgrounds and an innovative library pod".

The premier flagged there would be numerous announcements in the coming months about how the funding would be spread across the west and southwest, but denied it was to curry favour with residents who endured the strictest lockdowns during the height of the pandemic.

Number of Meta-Verse funds versions-managed assets exceeds $ 2 billion

 Number of Meta-Verse funds versions-managed assets exceeds $ 2 billion The meta-verses is one of the latest investment trends, which the major European asset managers are now increasingly piling up. © provided by Finanzen.net Servais Mont/Getty Images • Number of Metaverse funds. offer meta-verse funds at Metaverse funds manage more than $ 2 billion . Some of the largest European asset managers try to benefit from the investment trend with the laying on of MetaVerse funds.

Labor says the privatisation of Sydney's toll roads had created a monopoly that was "effectively putting a secret tax on the families of western Sydney".

Opposition Leader Chris Minns declined to call the WestInvest grants 'pork barrelling' but said the government was handing out money that already belonged to the people of NSW.

"It has effectively been paid for ... out of the pockets of the families of western Sydney via toll roads," he said on Tuesday.

"I don't think it's a fair trade off," he said.

"It seems like Mr Perrottet's standing up every 24 hours expecting the people of this state to be grateful that he privatised the toll road network," he said.

"We effectively have a 100 per cent privately owned toll road monopoly."

Sydney, Melbourne weather: Pizza deliveryman stuck in flood waters at Hacking River Otford .
Emergency services were called to the scene at about 7.30pm on Saturday after the young man was engulfed by rising waters on the Hacking River at Otford, 60km south of Sydney. The driver, from Sylvania, was able to climb out the window of his car after it became stuck on two bollards on the bridge's side and call triple zero from the roof. Luckily, the property beside the bridge is owned by a Rural Fire Service volunteer who was able to come to the drivers aid as well along with members of Wollongong Police.

usr: 1
This is interesting!