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Prime Minister Tony Abbott said the new airport at Badgerys Creek would not be fully operational for 10 years, but planning would start immediately and construction should start in 2016. He said the initial construction phase would generate around 4,000 jobs, while the airport development itself would create around 35,000 jobs by 2035. This would increase to 60,000 jobs over time. Glenn Byres, from the Property Council of Australia, said the news would accelerate investment in projects on surrounding land. This, in turn, would deliver jobs, growth and prosperity to the region. Raine & Horne CEO Angus Raine said the airport would prove a boon for property values in Western Sydney – as well as nearby towns like Bowral. This was because the surge in jobs would create demand for new and existing housing.
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