The economic impact of a container terminal at the Port of Newcastle

This report examines the economic impact of opening a container terminal at Port of Newcastle. It finds the NCT will increase NSW Gross State Product (GSP) by $6 billion by 2050. Over half of the $6 billion in new economic value for the state comes from lower freight costs. Customers will save $2.8 billion in land transport costs in Port of Newcastle’s potential market by 2050 through shorter journeys and more efficient operations.