Long-term Lease of the Port of Newcastle
Building the Economy
Treasury & Finance
Treasury negotiated an outstanding result with the Port of Newcastle lease – realising $1.75 billion for investment into new infrastructure in Newcastle and NSW to deliver tangible and much needed services. Some of the projects to benefit include the revitalisation of Newcastle’s CBD, Newcastle’s light rail infrastructure, Sydney’s WestConnex motorway, the North West Rail Link and the Northern Beaches Hospital.