NSW Labor leader Luke Foley has announced a $100 million Advantage Fund and Job Action Plan – to create jobs and regenerate industry in Gosford.

The Advantage Fund will be the centrepiece of the Plan and will be used to attract large scale business investment and work with local government and local companies to build on the region’s existing strengths. 

It will focus on key economic development areas:

  • Gosford CBD
  • Somersby Business Park
  • Wyong Employment Zone
  • Bushells Ridge
  • West Gosford and Tuggerah corridors

At present 30,000 people travel out of the region for work each day. On top of that, unemployment on the Central Coast is 7.9 per cent, well above the state average and 1 in 5 young people out of work.

Mr Foley said that a Foley Labor Government’s Plan will immediately tackle job projects long overlooked by the Liberals.

The Job Action Plan will provide $10 million – to be matched dollar for dollar by Central Coast Council - for major infrastructure work to refurbish and upgrade regional centres, improve tourism and help the 20,000 small business operators on the Coast.

Labor is also pledging to help restore the damage to TAFE – which will give thousands of young people job skills. 

Labor has also committed to building the long overdue Woy Woy underpass.

It is big, bold plan tailored for Gosford and the Central Coast – with extensive local consultation to decide on where funds should be allocated.

Quotes attributable to Opposition Leader Luke Foley

“This is a well thought out Job Action Plan to attract jobs to Gosford and the Central Coast – so that people have options and don’t have to travel long distances each day just to support their families.

“This is a $100 million Fund to transform lives.  Jobs and education are inextricably linked; and we will grow the local economy by supporting local jobs and improving services at every level.

“Our plan is comprehensive, integrated and workable – from day one. But just to make sure we’ll restore the position the Liberals got rid of – a Minister for the Central Coast.”

Quotes attributable to Labor Candidate for Gosford Liesl Tesch

The Central Coast has a lifestyle envied by many. But as a teacher I was saddened to see so many of our young people left without job opportunities and work skills – as the Liberals assaulted TAFE at every level. We will reverse that.

“This plan is designed to reverse years of neglect – neglect that started the day the Liberals took office six years ago.

“Labor clearly has the interests of Gosford and the Central Coast at heart – as this wide-ranging plan makes clear.”