Bankstown. Capital works to continue

While the financial crisis is impacting on aviation around the world, shareholders continue to invest in the Bankstown and Camden airports, according to Kim Ellis, CEO, Bankstown Airport Limited. “We have detailed plans for airport capital works and improvements to continue for the next five years. Maintenance works scheduled for the first half of 2009 are well underway. Major projects include apron resealing, taxiway re-sheeting, airside lighting and road works,” he said.

Parramatta. 'Healthy return on investment'

Parramatta City Council's economic development team delivered around 30 projects in 2007-08 and leveraged or supported projects which had an overall total value of approximately $2 million, “giving a healthy return on our investment,” a report to council said. Council raises approximately $650,000 annually from a special levy on commercial properties. The team assisted in the relocation of approximately 2500 new employees, 10 additional new businesses for long-term unemployed. A survey of Western Sydney Business Connection businesses indicated that over 47 per cent intended to increase employment over the next year.

'Region. Clubs to merge

The Campbelltown RSL has signed a memorandum of understanding with the Cabramatta Diggers Club. The merger could be approved on March 22. bringing together a total membership of 43,000. Campbelltown RSL has assets worth $42 million but debts of $6.4 million. “We had to do something and we had to do it fast,’said club president, Elwyn Spencer. Mounties and Harboard Diggers amalgamated two years ago. The Parramatta and Castle Hill RSLs merged in 2008. The Sunday Telegraph noted other clubs needing an “urgent” lifeline included Windsor and District RSL Cvlub and the Croation Club in St Johns Park

Parramatta. Well-known restaurant for sale

Offers above $3 million are being sought for the freehold of Barnaby’s Riverside, one of Parramata’s established restaurants, in the CBD and overlooking the Parramatta River. The corner site has an area of 16,585 square metres, with four secure car spaces. The zoning is B4 mixed use.