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Cobbora Landsale Creates Golden Opportunity

Opportunity for a rural lifestyle or intensive agricultural industries may be a reality if the efforts by Warrumbungle Shire Council come to fruition.

General Manager, Steve Loane, has approached both the state government and Cobbora Holding Company to consider the sale of smaller rural lifestyle blocks since the announcement earlier this year of the resale of the 43,553 hectares of land purchased for the now moth-balled Cobbora Coal mine project.

“We have been working closely with the Department of Planning to revise and amend the zoning guidelines for Warrumbungle Shire to enable smaller rural lifestyle blocks to be offered as part of the land resale,” said Mr Loane.

“But the opportunity also exists to generate employment through accommodating intensive agricultural industries such as piggeries, feedlots, horticulture and possibly an abattoir as part of the land rezoning and sale.

“Both rural lifestyle blocks and intensive industry are employment generators for the region, creating opportunity for economic and community development that could be equivalent to the originally proposed Cobbora Coal project.”

The NSW government announced the moth-balling of the Cobbora Coal project in July 2015, and announced earlier this year the sale of the land for agricultural use.

“Cobbora Holding Company holds a 3311ML high security water license acquired separately to land purchases for the Cobbora Coal proposal,” added Mr Loane.

“As intensive agricultural industry requires access to reliable water, we have been imploring with Cobbora Holding Company and the NSW Office of Water to withhold selling these water rights to enable opportunity in rezoning the land for intensive industry.”

Warrumbungle Shire Council continues to liaise with the state government and surrounding local government areas to support the proposal.

Last Updated: 14 Nov 2016