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THE state’s peak business organisation, Business NSW, says the approval to add much-needed gas supply to the NSW market will be a welcome boost for businesses in NSW.                                                      

“In its report Running on Empty, Business NSW backed a program of pipeline and infrastructure upgrades to expand capacity, as part of its Gas Road Map to bolster the NSW gas market,” said Business NSW Regional Director Paula Martin.

“At least 300,000 jobs in NSW, including 250,000 in manufacturing industries, depend on adequate and affordable gas," Ms Martin said.

“Our analysis found a commercial bakery on the Central Coast would pay a premium of $26,400 a year over an equivalent business in Queensland, a galvaniser $66,000 more, and a tomato processor a staggering $369,000 in gas transportation costs alone.”