Liberal candidate for Eden-Monaro, Peter Hendy, and Leader of the Opposition in the Senate, Senator the Hon. Eric Abetz, will this morning announce a major investment by the Coalition in the Eden Port redevelopment.
The highly anticipated announcement at 11am, for which there is no detail yet, follows a campaign on the Far South Coast by a quickly formed and rapidly snowballing group of business people, sick and tired of being overlooked by the big end of town.
What they pushed for is a $15 million commitment from the Coalition to build a breakwater wharf extension at Eden as stage 1 of a port redevelopment. And they want it now, before the September 7 poll.
Two weeks ago The Magnet revealed that the $10 million in Regional Development Australia Funds – “locked in” according to sitting Labor member Mike Kelly on July 2 - was now an ‘administrative casualty’ of the Federal Election announcement on August 4.
Dr Kelly said the money was still a dead cert, IF Labor is re-elected.
Up until now the Coalition has remained silent on how they view what would be an economic lifesaver for the Port of Eden whose traditional industries of fishing and timber have been decimated by industry restructures and the high Aussie dollar.
A breakwater wharf extension at Eden would give cruise ships an ideal itinerary stop on short hop cruises out of Sydney and potentially Melbourne.
Behind-the-scenes talks between the NSW State Government and Cruise Australia are understood to have been ongoing in recent weeks in efforts to understand the return on investment potential the wharf extension would bring to what would essentially be State Government infrastructure.
For further coverage of the announcement, watch this website after 11.30 this morning.