State Matters | Paul Toole

October 6 2017 - 4:00am

This week we welcome returning motorsport enthusiasts, as well as those visiting Bathurst for the great race for the very first time. It’s a time of year that sees the city of Bathurst swell with around 200,000 race fans attending the annual event, injecting $21 million into the Bathurst economy, $25 million into the Central West and $55 million into NSW. The economic benefits are far reaching with local retailers, suppliers, trades, services and accommodation providers benefitting from a huge influx of numbers and business, year after year. The growth of the Mount Panorama precinct makes good business sense, and this is why the NSW Government is investing $15 million into the development of a second circuit at Mount Panorama, ‘Velocity Park’. The $52 million project will be funded through a mix of State, Federal and Local Government funding, creating 220 jobs during construction and another 247 ongoing jobs. This is great news for Bathurst and the Central West. To all of those attending this weekend’s myriad of events, have a great time and stay safe!.

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