TREASURER RINGS ALARM BELLS FOR KINGS SQUARE
The announcement at a function on Friday night by new Western Australian Treasurer Ben Wyatt that the state government will not go ahead with the relocation of government departments because of the financial implications is very worrying for Fremantle and should send alarm bells ringing at the City of Fremantle.
Wyatt said that he had to make substantial savings to fix the budget and that the state unfortunately does not have the money for expensive relocations. The new government was in favour of the decentralisation of the workforce away from the Perth CBD but it would be better to reduce public servant staff numbers through early redundancy, increase efficiency and productivity, and reduce duplications of services, creating smaller offices, as the state could not afford the very costly relocation of departments in the near future because of the dire financial state of Western Australia.
The move of Department of Housing and other departments to Fremantle is essential for the success of the Fremantle Kings Square project and if this is cancelled or substantially delayed by the new Labor government it will have a huge negative impact for Fremantle.
The question is if Sirona Capital can afford to go ahead with the project if the lease with state government departments is ripped up, or could this be the end of Freo’s big dream of economic recovery through the biggest inner city project in many decades?
This is very worrying news at the start of the month where the demolition of the Queensgate building was due to start. I for one hope the exciting Kings Square project will progress as planned and that solutions will be found fast if Wyatt’s assertions are correct.
Many in the Fremantle community have questioned the need for a new expensive Civic Centre at Kings Square and no doubt they would be delighted if the project did not go ahead, but I believe it would be very disappointing if our city square is not modernised and activated.