We hear a lot about innovation in business circles these days and the importance of linkages between innovation and business.

While entrepreneurism and experimentation have always been part of business success, the pace of digital and technological change in the modern world demands a constant focus on innovation if a business wants to stay on top of its market and meet customer demands.

To promote the benefits of innovative approaches to business and understand how business can benefit, the Hunter Business Chamber is launching a new Innovation Event series.

Our events will connect established business operators with entrepreneurs, showcase case studies of innovation success locally and help facilitate the all-important linkages, partnerships and collaboration that inspire business innovation.

At our first event, at Fort Scratchley on May 14, Chin Young from Jacobs will show how virtual reality (VR) was incorporated into the $730 million Blacktown Hospital (Stage 1 & 2) and the $300 million Concord Hospital redevelopment. Hover UAV’s Jackie Dujmovic will talk about her journey from start-up to being involved with some of the largest drone programs in Australia.

Everyone is welcome and tickets for the event are available now – click here.

Budgets and elections, the story so far…

While we still have ahead of us a federal election and a state budget, there has been plenty of action following the NSW State election and Federal budget.

It’s worth reflecting on the big ticket items we have identified specific to our region. We have a task now to make sure they are delivered in a timely manner.

Federal budget – what was in it for the Hunter?
 
  • $1.6 billion for the M1 extension to Raymond Terrace – forward estimate provision (construction not expected to commence for some time)
  • $20 million for projects on Bucketts Way – much needed local commitment
  • $20 million for Clarence Town Road
  • $140 million for the Tenterfield to Newcastle corridor
  • $4.7 million over five years to support UoN research into PFAS – broader benefits than just the region.
  • Business case for faster rail between Sydney and Newcastle due this year.
State Government – election commitments
 
  • $780 million for the John Hunter Hospital redevelopment
  • $266 to fully fund the Muswellbrook bypass
  • $205 million on top of a previously committed $70 million to duplicate Nelson Bay Road from Williamtown to Bobs Farm
  • $188 million commitment for the Fingal Bay Link Road
  • $7 million for a new TAFE campus for Nelson Bay
  • $25 million indoor basketball and sports stadium at Hillsborough
Kind regards,

Bob Hawes – CEO, Hunter Business Chamber