Posted in Business News

Hotel Gosford made quite the impact at the prestigious Australian Hotel Association NSW (AHA NSW) Awards for Excellence in late October, taking home the Best Regional Redevelopment of the Year and being finalists in nine further categories, including: Best Regional Local, Best Late-Night Venue, Best Sporting Entertainment Venue, Best Cocktail List, Best Regional Gaming Venue Best Traditional Pub Accommodation, Best Regional Casual Dining, Regional Hotel of the Year, Group Hotel Operator of ...

Coast economy in decline With more data becoming available from the 2021 Census as well as economic data for the Financial Year 2021-22 this is showing a clearer picture of the state of the regional economy. Gross Regional Product has declined over the past two years after a growth spurt from 2016 to 2019. It is possible that this could be due to issues around the failure of the Central Coast Council following amalgamation.  However, with millions of dollars of investment capital tie...

The Southern Hemisphere’s largest network battery will be built at the site of the old Lake Munmorah Power Station. Treasurer and Minister for Energy Matt Kean announced the decision in early October saying that the Waratah Super Battery will act as a “shock absorber” for the electricity grid. The Waratah Super Battery will be the biggest network battery anywhere in the Southern Hemisphere,” said Mr Kean. The Waratah battery, which is sized at 700MW and two hours of...

The days when the Central Coast was a significant electricity generation region for NSW may be returning. Two recent announcements concerning the Vales Point and Munmorah power stations have highlighted their continuing value as centres of electricity generation and distribution. Munmorah is also home to a 667 MW gas-fired power station, Colongra Power Station, opened in 2009 at a cost of $500 million. Colongra, was acquired by Snowy Hydro in 2015. In mid-September it was announced that V...

Tuggerah based Mirait Technologies Australia has won the contract to provide design and construction services for the first competitive fibre backbone between Perth and Port Hedland West Australia. To be built by one of Australia's largest fibre and solutions providers, Vocus, the undertaking, which is the first major project under their $1 billion investment programme, known as Project Horizon, is on schedule to begin deployment before the end of this year. Project Horizon, when comple...