The University of Newcastle has assessed the economic impact and environmental benefits of the proposed Great Koala National Park on the mid north coast of NSW.
The Great Koala National Park Economic Impact Analysis and Environmental Benefit Assessment has found that the park would generate an increase in regional economic output of $1.2 billion, of which $531 million would flow into the region’s economy including $330 million in additional wages.
The research also determined that the region would benefit from:
- the creation of 9,800+ additional full-time equivalent jobs
- new investment in the region of $145 million in capital expenditure and $128 million in operating expenditure
- a boost to the visitor economy of 1 million visitors who will spend $412 million.
The assessment showed that the environmental benefits of the Great Koala National Park equate to added biodiversity value of approximately:
- $530 million for the NSW population
- $1.7 billion for all Australians.
For more information please contact Project Manager, Kate Robinson, from the University of Newcastle by emailing email@example.com