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  Issue No 7 Official Organ of LaborNet 02 April 1999  

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News

Friends of Currawong Plan: Borrow To Grow


The Labor Council would be asked to borrow $1.2 million to build new faciltiies at Currawong as part of the Friends of Currawong's proposal to make the site commercially viable.

Under the plan, the money would be spent upgrading Currawong to provide extra domitory-style accommodation that would be leased out for school groups for environmenal study camps.

They believe their proposal is superior because it is more in tune with the purposes and principles behind the holiday camp.

Friends of Currawong member Barry Cotter says he is confident that, with proper marketing, the propsal would generate three times the income currently being reaped by the site.

"One million dollars in the grand plan of things for Labor Council is not much," Cotter says.

"We say that $1 million is insignificant because over time there will be asset growth and it becomes a miniscule amount."


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*   See also Full text of the Friends of Currawong Proposal

*   View entire issue - print all of the articles!

*   Issue 7 contents

In this issue
Features
*  Interview: Friends State Their Case
Friends of Currawong member Barry Cotter outlines his objections to the Corporate Renaissance plan and his own plans for the facility.
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*  Unions: Why I Support the Yogi
There is only one issue for the union movement in NSW - and that is survival.
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*  History: A History of Little Mackeral Beach - �Currawong'
Marilyn Dodkin* looks at the facts behind the myths surrounding Currawong.
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*  Review: Currawong Beach Cottages
A Currawong user looks at the holiday experience.
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News
»  Labor Council to Vote on Currawong Proposal
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»  The Story So Far ...
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»  Costa: What I�ll Do With The Dough
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»  Friends of Currawong Plan: Borrow To Grow
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»  Independent Evaluation Backs TM Plan
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»  How the Voting Works
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Columns
»  Guest Report
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»  Sport
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»  Trades Hall
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»  Piers Watch
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Letters to the editor
»  A Real Aussie Preamble
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»  The Get Stuffed Tax
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»  Laboring for Education
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»  Tipping: No One Got Close
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