Economic Impact

The Hunter Valley Research Foundation (HVRF) has examined the likely value of the economic benefits that Anvil Creek will bring to the Region.

The analysis is based on the impacts of both the construction and the operation of the site over a period of 18 years. Job numbers are based on counting them ‘as equivalent to full-time jobs’ but there may also be many more part-time jobs.

The HVRF found that the Hunter economy would significantly benefit from the Anvil Creek development. Over the period, direct construction expenditure and operating revenues valued at more than $800 million are estimated to generate additional production in the Hunter Region worth $475 million, and additional consumption worth $300 million, providing a total injection of more than $1.5 billion into the regional economy.

Direct employment is expected to average 215 full-time equivalent jobs in each year of the period, with a further 96 created from additional production, and 103 from additional consumption, resulting in an annual average of 415 jobs in the Region.