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The City of Canterbury Bankstown is ready to become the new home of the Special Broadcasting Service (SBS).
Mayor Khal Asfour made the announcement after Shadow Communications spokesperson, Michelle Rowland, promised to relocate SBS to Western Sydney, if the ALP wins Saturday’s election, during a visit to Bankstown today.
"Relocating SBS to CBCity would mean it has a new home in the heart of multi-cultural Sydney which is more directly aligned with its Charter," he said.
"Our residents are global citizens with global family, business and personal links to the whole world. Their stories are truly representative of SBS.
"Canterbury-Bankstown is one of the most multi-cultural cities in Australia. Our City thrives on diversity, harmony and respect of each other’s different cultures."
Mayor Asfour said SBS’s relocation to Canterbury-Bankstown would make sense, following a commitment for a new $1.3 billion Bankstown Hospital and with Western Sydney University proposing to construct a new 7,000-student campus in Bankstown.
"We are working with significant partners to help support the growing needs of not only our City but south-west Sydney," he said.
Based on SBS’s 2018 annual report, the sale of the current SBS site at Artarmon is likely to generate up to $90 million, which would significantly offset the cost of building a new home for the broadcaster in Canterbury-Bankstown.
It’s estimated, the project would also create around 400 construction jobs and generate $85 million for the local economy, and a further $100 million a year ongoing.
9/07/2019 3:27 PM