Please select your home edition
Edition
Allen Brothers

BIA welcome maritime infrastructure spend

by AAP Medianet 10 Oct 2020 22:32 PDT
Boating Industry Association © Boating Industry Association

Boating Industry Association President Darren Vaux has welcomed the NSW Government announcement of $205 million in maritime infrastructure works over the next three years.

Minister for Transport Andrew Constance made the announcement yesterday saying the funding would be a significant economic stimulus which would create nearly 1300 jobs in NSW.

Darren Vaux said new and improved infrastructure was essential to ensure safe and convenient access for people of all ages and abilities to experience the waterways.

"It is good to see the NSW Government recognising the value of investment in maritime as part of its COVID-19 economic recovery plan," Vaux said.

"Improving wharves that allow recreational vessels to pick up and set down passengers, dredging regional waterways that are clogged with silted channels and improving regional maritime infrastructure are good for our maritime community across the State.

"We are looking forward to greater details on some of these infrastructure programs."

Mr Vaux said the industry was expecting further announcements in the coming months about the NSW Government's boating safety program which is also funded out of the Waterways Fund.

"People have responded to COVID by choosing domestic outdoor family activities and what better way to do that than in a boat. We expect the current strong interest and participation in the boating lifestyle to continue up to and beyond this summer," he said.

The $205 million in funding will go to priority areas, including:

  • Regional maritime infrastructure
  • Regional dredging
  • Ferry wharf upgrades
  • Maritime property improvements.
Minister Constance said some of the key projects were as follows:
  • $25 million to upgrade Manly Wharf 3
  • $9 million to prepare the former Manly Sea Life site for its future use after 60 years as an aquarium
  • $37 million for ferry wharves at Double Bay, Darling Point and Greenwich Point which are among those being made safer and accessible
  • $16 million will help fund construction of the Kamay ferry wharves, currently being planned to connect La Perouse and Kurnell
  • $8 million for dredging work to ensure safe navigation of channels and entrances, particularly in regional waterways
  • $29 million will fund additional regional maritime infrastructure and foreshore work in locations from Tweed Heads to Eden.
The $205 million stimulus will come from the Waterways Fund, which is made up of fees collected from maritime property revenue which includes wetland leases, as well as boating licences, registrations, and mooring licences. The project delivery timeline extends to 2023.

More information at: www.bia.org.au

Related Articles

Legislation passed supporting US industry growth
A summary of news relevant to marine businesses across North America On Friday, President Trump signed what he referred to as "one big beautiful bill": legislation that preserves key provisions from the 2017 Tax Cuts and Job Act (TCJA). These provisions will continue to support growth. Posted today at 3:00 pm
Trump Administration announces new tariffs
Implementation delayed to Aug. 1 President Donald Trump announced plans to impose new tariff rates on imports from several countries starting on Aug. 1, citing what he described as unfair trade practices and persistent trade imbalances. Posted on 8 Jul
Lenco announced partnership with De Antonio Yachts
Bringing Lenco™ Pro Control™ to a variety of new models Lenco™, a leader in the design and manufacture of trim tabs, actuators, hatch lifts and accessories, today announced its partnership with De Antonio Yachts. Posted on 8 Jul
BRP to sell Manitou business to the Marcott family
Transaction comes on the heels of BRP's decision to sell its Marine businesses BRP Inc. (TSX:DOO; NASDAQ:DOOO) today announced that it has entered into a definitive agreement whereby members of the Marcott family, owners of Bentley Pontoons, will be acquiring Manitou assets in Lansing, Michigan. Posted on 8 Jul
RAILBLAZA Trident Carbon Fiber Modular Push Poles
Ideal for shallow water anglers RAILBLAZA, manufacturer of premium quality, user-friendly electronics, fishing and boating mounting systems and accessories, has announced the launch of its new Trident Carbon Fiber Modular Push Pole, ideal for shallow water anglers. Posted on 8 Jul
New Online BoatUS Foundation Course
Taking on Biggest Cause of Accidents: Distracted Boating A quick look at the annual U.S. Coast Guard recreational boating accident statistics shows “operator inattention” and “improper lookout” to be perennial placeholders in the top five primary contributing factors in boating accidents. Posted on 8 Jul
President Trump signs the "One Big Beautiful Bill"
The enactment of this pro-growth tax code is critical to supporting small businesses On Friday, President Trump signed what he referred to as "one big beautiful bill" — legislation that preserves key provisions from the 2017 Tax Cuts and Job Act (TCJA). Posted on 7 Jul
Simrad Yachting introduces AutoTrack feature
For its HALO 2000 & 3000 Radars Simrad Yachting, a leader in marine electronics and navigation, today introduced the new AutoTrack™ feature for its HALO® 2000 and HALO 3000 Radars. Posted on 7 Jul
De minimis elimination signed into law
This industry priority will level the playing field for U.S. manufacturers Last week, President Trump signed the One Big Beautiful Bill Act into law, codifying the elimination of de minimis beginning in 2027. Posted on 7 Jul
April report: New boat sales dip
NMMA's latest Monthly Recreational Boating Industry Data Summary report NMMA's latest Monthly Recreational Boating Industry Data Summary report, covering rolling period from May 2024 through April 2025, points to continued headwinds with new powerboat retail unit sales down 9% year-to-date compared to same period last year. Posted on 7 Jul
RS Sailing 2021 - FOOTERNorth Sails Loft 57 PodcastSelden 2020 - FOOTER