Werribee employment precinct: development – Adjournment Speech delivered in Parliament 13 November 2012
Mr PALLAS (Tarneit) — The matter I wish to raise is for the Minister for Planning. It concerns the Werribee employment precinct. Over the last two years under the government this matter has been languishing in terms of planning and future direction. The action I seek is that the minister provide a public statement confirming that any plans associated with the Werribee employment precinct, including Point Cook West, will ensure that revenue from sales of state-owned land will be used for the purposes of funding all necessary and associated infrastructure.
The history of this matter is that the residents of Point Cook West have been waiting for quite some time for the government to give a clear exposition of its intentions. The Minister for Planning has made it clear that he intends to progress what was in effect Labor’s policy at the time of the last election.
We have not heard anything from this government in regard to the policy, but nonetheless I am pleased to see that some action has been taken in a planning sense. Unfortunately what we are also seeing is that this government is intent on making a windfall profit through the sale of land, but it is not directing or committing to the infrastructure that would be necessary to build communities around that land.
The Growth Areas Authority is due to release its draft plans by December. That will make it two years, as I have said, into the government’s term. Still the community is unaware of governance proposals, job targets, overall project aims, composition and community input opportunities. The only plan so far has been to apply to the federal government to help provide half of the funding for a diamond interchange at Sneydes Road.
Real estate experts have estimated that the windfall gain from the land sales at Point Cook West alone could be $100 million — and that area is less than 15 per cent of the total Werribee employment precinct. The Growth Areas Authority draft precinct structure plan for Point Cook West released in December 2011 gives an indicative cost for the Sneydes Road and Princes Freeway interchange of $60 million, and a further $20 million is required for other arterial road improvements. It is evident that this interchange is necessary.
With 5800 more residents coming into Point Cook West, it is evident that the government needs to make an announcement and provide an assurance to the community that the revenues arising as a consequence of the sale of state-owned land will, as a priority, be directed towards providing for the infrastructure necessary to build communities rather than being directed into consolidated revenue.