Discussion paper on liquor licensing in NSW
26 September 2007
Westfield Group today released a discussion paper on NSWs liquor licensing laws prepared by the architect of Victorias licensing reforms in the mid-1980s, Professor John Niewenhuysen AM.
Westfield commissioned the paper to better understand the implications of licensing laws for its planned $600 million investment in a new shopping and commercial centre in the heart of Sydneys CBD.
The paper highlights the economic and societal benefits of Victorias reforms and suggests NSW should develop a similar approach.
While the views expressed in the paper are those of the author, Westfield generally supports those views and believes a wide range of bars, cafes and restaurants would complement its proposed development in Sydneys CBD and offer greater choice and service to the wider community.
The Westfield Group (ASX Code: WDC) is an internally managed, vertically integrated, shopping centre group undertaking ownership, development, design, construction, funds/asset management, property management, leasing and marketing activities and employing in excess of 4,000 staff worldwide. It has investment interests in 119 shopping centres in four countries, with a total value of in excess of A$60 billion and is the largest retail property group in the world by equity market capitalisation.