Cool – $500 Million From Government To Create A “Silicon Valley” in Western Sydney…Hold On…WTF?!?
February 18, 2009 9:21 am
So the Daily Telegraph “can reveal” that the NSW Government is going to be creating a Silicon Valley for the Western Suburbs of Sydney.
“A $500 million plan will go before a Cabinet budget committee tomorrow to declare 10,000ha of western Sydney a “special economic zone”.
It will be the largest in Australia and is expected to create employment for thousands of workers in new hi-tech, IT and bio-medical industries as well as blue collar manufacturing.”
The plan sees business “given payroll tax and land tax reductions to set up in the area” with supporting transport/infrastructure to be built connecting the centre to other areas (other areas where people actually live and work, that is…)
I haven’t seen the fine print so I don’t know if it’s the Government trying to spin this as a Silicon Valley, or the Daily Telegraph.
Either way, I can’t believe that a Government in Australia has missed the mark by so much, again.
I swear if you look closely the lion in the State coat of arms is poking its tongue out at us




