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Thursday, 30 May 2002
Page: 2846


Mr Murphy asked the Minister for Transport and Regional Services, upon notice, on 13 February 2002:

(1) Further to the answer to part (2) of question No. 2715 (Hansard, 17 September 2001, page 30791), can he identify where the proceeds from the sale of Sydney Airport will be placed.

(2) Will he commit the proceeds from the sale of Sydney Airport to a dedicated fund for the purposes of construction of Sydney West Airport; if not, why not.

(3) Can he estimate the cost of construction of Sydney West Airport at Badgerys Creek, capable of handling the volume of passenger movements as prescribed in the Rust PPK Environment and Infrastructure Environmental Impact Statement, dated 1997.

(4) In light of his answer to part (3) of question No. 2715, the Coalitions 1996 Aviation Policy and speeches made by the then Minister for Transport and Regional Services, is it the intention of the Government to build Sydney West Airport; if so, (a) when will it be built, (b) from where will the money come to build it and (c) in light of his answer to part (1) of question No. 2715, can no funds be expected from the prospective airport lessee company of Sydney Airport to contribute to Sydney West Airport.

(5) If the first right of refusal is granted to the prospective airport lessee company and the sale proceeds of Sydney Airport are dissipated prior to any decision to build Sydney West Airport, will a future Commonwealth Government be able to raise the money necessary to build Sydney West Airport.

(6) If so, will Sydney West Airport not be capable of being built due to financial incapacity; if not, from where will the money to build Sydney West Airport come.


Mr Anderson (Minister for Transport and Regional Services) —The answer to the honourable member's question is as follows:

(1) The proceeds of the sale of Sydney Airport will be applied to reduce Commonwealth debt. The Government has determined that this is the most responsible approach to fiscal management.

(2) No. See answer (1) above.

(3) The Environmental Impact Statement for the Second Sydney Airport Proposal at Badgerys Creek contained indicative cost estimates for different stages of development for three alternative airport design options.

(4) The Government announced in December 2000 that it would be premature to build a second major airport for Sydney. The Government will further review Sydney's airport needs in 2005. (a) It will be a matter for the Federal Government of the day to decide if and when a second major airport for Sydney is needed. (b) and (c) The new owner of Sydney Airport will be given the first right of refusal by the Commonwealth to build and operate any second major airport within 100 kilometres of the Sydney Central Business District. Funding arrangements for airport development would be a matter for negotiation between the Commonwealth, the lessee of Sydney Airport and any other relevant stakeholders. A future Government may wish to consider a range of funding options should it decide to provide incentives towards the development of the new airport.

(5) and (6) See answer (4)(b) and (c) above.