Big money boost from Rally
TWEED and Kyogle are set to benefit from Repco Rally Australia to the tune of an estimated $31 million, according to a report released last night.
It is forecast the World Rally Championship round will also create up to 2000 jobs during the event and generate about 92,000 visitor nights, mostly in the Tweed and Kyogle region.
Event general manager Gary Upson said $31 million was a significant amount of money that would go to the community.
"And that is based on an additional spend, so if the rally isn’t here, the $31 million is not going to happen," Mr Upson said.
Murwillumbah and District Business Chamber president Toni Zuschke said the town’s business community welcomed the event and was beginning to prepare for its arrival.
At a recent business breakfast Mrs Zuschke conducted a vote on the rally and found "99 per cent" were in favour.
"Everyone was really, really thrilled and excited about the event, but most don’t know how it will affect their businesses," Mr Zuschke said.
That is why the chamber planned to hold a number of seminars for business people in the lead-up to the event.
"Hopefully people will be walking away with a real respect for Murwillumbah; that is what I hope and aspire for the town."
Earlier this week, Rally Australia chairman Garry Connelly previewed the report, saying it showed the rally had the potential to generate significant benefits to the region.
"When we were given the approval by Events New South Wales on behalf of the New South Wales Government to go ahead with this event they said they would have been satisfied with an economic outcome of $15 million benefit," Mr Connelly said. "As you will see when this report is released, it predicts a much greater impact than that."
The independently commissioned Socio Economic Report, produced by CONICS was made available to the public on Rally Australia’s website.
CONICS spokesman Will Owen said: "This event has the potential to not only provide the region with a spectacular and exciting motor sport event, but also to generate significant economic benefits for the region.
The Rally Ecological Report will be uploaded to www.rallyaustralia.com on Sunday.