Parramatta has been known as a business district in metropolitan Sydney and has been considered a major government center since 2000 due to the transfer of government agencies and the NSW Police Force from the Sydney CBD. A new metropolis is planned to rival Parramatta, as Labor MP Ed Husic proposed an ambitious plan to create a new CBD in South West Sydney to relieve transport congestion.

The proposal has yet to identify a location but is planned to be the second biggest CBD that will address urban bottlenecks. The plan is to create a CBD from the ground up, to cater nearby residents and allow them to work close from home.

As with any other proposal, it was met with criticism, with Sydney Business Chamber David Borger calling it “the stupidest idea I’ve ever heard”.

Read more about this on the Sydney Morning Herald website.

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Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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