WEST'S ADVENTURE CAPITAL RISES
Penrith plans tourism dominance
By Red Dwyer
THE so-called “Adventure Capital of NSW” plans to double its tourism numbers by 2025 and boost visitor spending by more than $500 million annually.
LEGAL ACTION AGAINST ALLIANCE
PENRITH Council has launched legal proceedings against the Penrith Business Alliance (PBA) in a bid to determine where public money went.
In June 2015, after an independent review of a Deed of Agreement with the PBA, Council resolved that public funding for the Alliance would cease.
Penrith Mayor Karen McKeown said since then, Council had made numerous unsuccessful requests to the PBA for reconciliation of the funding allocated to the Alliance for the 2014-2015 financial year.
“This is public money. We have an obligation to our community to find out whether this money was used appropriately for economic development activities,” Cr McKeown said.
“A Limited organisation is also required to lodge audited financial statements with ASIC which hasn’t happened, so there needs to be accountability,” Cr McKeown said.
The PBA, which was set up by Council, started operating in 2009 as a Company Limited by Guarantee and provided annual updates to Council about its activities and future program.
Council conducted a review of its economic development functions after a five-year period.
Get your jeans on and dine at the Harvest
ON Friday August 5, for every person who wears jeans when dining at the Harvest Restaurant, Sebel Hawkesbury Resort and Spa, the Hotel will donate $10 to Jeans for Genes.
