|The beautiful Gold Coast Broadwater (Source: http://www.broadwatermarineproject.com.au/)|
By Ryan Pearson
I've already touched on this in my previous post, but since there have been some updates on the proposal since that was published, I'll add to it here. ASF has recently released their Economic Impact Report which assesses the benefits and *ahem* 'impacts' of their proposed development of Wavebreak Island and the Gold Coast Broadwater. I say 'impacts' because they literally claim this project "will not generate any competitive impacts" in the initial phase, and that the retail segment "will not compete with local oriented centres". Really? So dredging operations won't compete with diving and surfing businesses? New shops won't compete with old shops? Really, really?
Anyway, the point is - this appears to be not much more than an intricate (yet poorly constructed) fluff piece which is designed at selling the project to the council and community rather than offering a realistic assessment of the true impacts. So, here I'll have a quick look at the job forecast they put forward to assess its legitimacy...