Penrith. Boost to the economy

An analysis of the social and economic benefit of athlete training at Penrith Whitewater Stadium and the International Regatta Centre shows that in the 2011-12 financial year, athlete training, together with major regattas and other rowing and canoeing events conducted at the two facilities, increased the economic output of the Penrith economy by $37 million dollars per year and created 177 jobs.

“There is no doubt that both the International Regatta Centre and Penrith Whitewater Stadium are two of Penrith’s most valuable brand assets. The value they add to the economy and the jobs they create are of great value to the Penrith community. Jessica Fox’s silver medal in the K1 Women’s event in the recent London Olympics has again highlighted the immense value that this facility brings to the Penrith brand, “a council report said.

Penrith. $10 million boost to local economy

The local economy can expect in excess of $10 million dollars to pour into businesses and services in the region when thousands of motorcycle riders from around Australia participate in the Penrith City Festival, on March 31, according to the Penrith Valley Chamber of Commerce. The Nepean Branch of the Ulysses Club is hosting the 2009 week-long festival, with assistance from neighbouring clubs in the Blue Mountains and Hawkesbury.