Monday 16 June 2008

CBD might lose its ranking

Parramatta City Council promotes its CBD as the sixth largest in Australia but that ranking may be in jeopardy following a report in the Sydney Morning Herald. The paper said the NSW government had a plan to make Macquarie Park the fourth largest CBD in Australia, behind Sydney, Melbourne and Brisbane, and ahead of Adelaide or Perth. Should that eventuate the Parramatta CBD would likely drop down a place to seventh position. The paper said billions of dollars were being spent turning the are into Australia's answer to Silicon Valley, with technology busineses setting up to an expanding Macquarie University

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