Section 1: Introduction

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Section 1: Introduction PERTH AIRPORT MASTER PLAN 2020 PERTH AIRPORT MASTER Master Plan 2020 APRIL 2020 12 Section 1: Introduction Perth Airport is Australia’s western hub linking Western Australia to the rest of the state, country and world. Perth Airport is a vital infrastructure asset for Western Australia. PERTH AIRPORT MASTER PLAN 2020 13 SECTION 1: INTRODUCTION Every five years, Perth Airport develops a Perth’s metropolitan community is inextricably linked to its master plan to comply with the Commonwealth airport. The distances between major population centres make Airports Act 1996. The master plan outlines air travel, and Perth Airport, indispensable to the people of Perth Airport’s development plans for a 20-year Western Australia and to the State’s economic, social and planning period. cultural development. The growth of Perth is driven by Western Australia’s emergence as a global resources centre. This has spurred Perth’s 1.1 Perth Airport population growth to just over two million in 2017. The Western Perth Airport is Australia’s western hub and is Western Australia’s Australian Government’s strategic planning documents primary link to the rest of Australia and the world. It operates anticipate that the population in the Perth and Peel region will 24 hours a day, seven days a week, and is a vital public transport reach 3.5 million by 2050. infrastructure facility. This growth has driven significant infrastructure development in As the fourth-largest domestic and international airport in Perth, particularly new road and rail transport infrastructure. Australia by passenger volume, Perth Airport is currently Additional transport infrastructure is under construction by the serviced by more than 30 international, intrastate and interstate State Government, including the Forrestfield-Airport Link (FAL). airlines that operate to more than 50 destinations. FAL is being delivered as part of the State Government’s Within Australia, Perth Airport provides an access point to METRONET program. The FAL project will deliver a new rail Western Australia from interstate locations and serves as the service to the eastern suburbs of Perth with three new stations central transportation hub for regional destinations, such as at Redcliffe, Airport Central and Forrestfield. Due to be significant mining regions and popular tourist destinations. completed in 2021, this project will: The airport is a vital link in the resources sector supply chain, • support domestic and international tourism with improved providing connectivity for the fly-in fly-out (FIFO) workforce access between the city and Perth Airport, and for Western Australians who live in remote communities. • act as a catalyst for residential and commercial development around the new stations at Redcliffe and Forrestfield, Internationally, Perth Airport is strategically located for access to • increase public transport options for the eastern suburbs and Southeast Asia, the Middle East, Europe and Africa. Perth foothills area, and Airport’s contribution to tourism is significant. Approximately • relieve pressure on Perth’s roads. 93 per cent of people visiting Western Australia arrived by air and contributed more than $4.1 billion to the Western Australian Perth Airport is the biggest of four airports in the greater economy in 2018. Perth metropolitan region. Jandakot Airport, located about 19 kilometres south-west of Perth Airport, is the region’s Perth Airport is located 12 kilometres east of Perth’s Central secondary airport and handles smaller general aviation traffic Business District (CBD) and is well connected and integrated (refer Figure 1-1). The Royal Australian Air Force (RAAF) has with major highway and freeway networks, including Tonkin two aerodromes in the region, with RAAF Pearce and Gingin Highway, Leach Highway and Roe Highway, linking the city, located about 30 kilometres and 54 kilometres north of Perth north-south and east-west. The location of Perth Airport in Airport respectively. They share airspace with Perth Airport but relation to the Perth metropolitan region and key transport are not available for commercial aviation. infrastructure is shown in Figure 1-1. The Perth Airport estate is 2,105 hectares in size and has sufficient land to support Western Australia’s demand for commercial aviation services for many decades. Land not required for aviation purposes can be used for commercial and industrial purposes. 14 SECTION 1: INTRODUCTION Local government area boundaries Primary Roads Freight Rail RAAF Base Freight Terminals Pearce Passenger Railway and Stations Existing Future Major Industry – Welshpool – Hazelmere 25km – Forrestfield – Canning Vale – Maddington – Spearwood – Latitude 32 Specialised Activity Centre – University of WA/QEII – Curtin University – Bentley Technology – Murdoch University Activity Centre Fu tu – Perth CBD re k E in a L st – Fremantle W y a a n w – Morley h n e ig Gn r H – Midland anga o l ra o a D n r L io – Cannington i t n a k N – Garden City in w ar D h rt e 15km P Hepburn Ave 10km Reid Hwy Morley Dr Midland 5km Morley Gr stern Hwy eat Ea Bayswater Hazelmere M i tc h y e Rd w ll ord F ildf H Gu rn w te y as t E a T re o G n k in H w Forrestfield y y Perth w Terminal H Perth e Airport o CBD R O r ro Forrestfield n g R d y w H y h c Kewdale w y a F e Kewdale w L a H Port Shuttle n A a g n n i l i b n a w n a n K y Welshpool University C H w of WA y Kewdale Interstate Swan River Freight Terminal Curtin We lsh University p ool Rd East T o n k i Cannington n H y w y w y nning Hw H Ca h ac Booragoon Le Maddington y Leach Hwy w H e Ro A Fremantle lb a n outh St y C S Canning H South S a t w n Vale y n i n g y R Murdoch w F d University a n y a Hw n i Roe S w t K o c k R d Jandakot R Airport a n d fo y r w d H Spearwood R in d k n o T r Beeliar D B r ookton Hwy Armadale lban A y H w y Latitude 32 Figure 1-1 Perth Airport in relation to key infrastructure Source: Perth Airport PERTH AIRPORT MASTER PLAN 2020 15 SECTION 1: INTRODUCTION 1.2 Ownership of Perth Airport 1.3 Perth Airport Lease In July 1997, the operation and management of Perth Airport Perth Airport Pty Ltd is the lessee of 214 lots of land which make was transferred from the Commonwealth of Australia to up the 2,105 hectares of airport estate (refer Figure 1-2). The Westralia Airports Corporation under a 50-year lease with a lease with the Commonwealth of Australia was executed on 49-year option for extension. In 2011, Westralia Airports 1 July 1997, for a period of 50 years, with an option of a further Corporation changed its trading name to Perth Airport Pty Ltd. 49 years extension. Perth Airport Pty Ltd is a wholly-owned subsidiary of Perth An essential term of the lease is that the lessee must comply Airport Development Group Pty Ltd (PADG). The shareholders with all legislation relating to the airport site, including the of PADG, as at March 2019, are shown in Table 1-1. Airports Act 1996 (Airports Act). Perth Airport’s substantial program of investment in aviation infrastructure is consistent A breakdown of the shareholder representation highlights that with the company’s obligations under the lease to develop the superannuation funds make up 70 per cent of the ownership and airport, and in doing so, having regard to: Australia’s sovereign wealth fund comprises 30 per cent. The • the actual and anticipated future growth in, and pattern of, investment strategies of superannuation funds, which include traffic demand for the airport site, having funds allocated to long-term infrastructure investments, • the quality standards reasonably expected of such an airport together with their continuing inflow of funds, makes them very in Australia, and suitable as shareholders for Perth Airport. • good business practice. Perth Airport funds infrastructure development and The lease not only requires that Perth Airport operate the estate maintenance investment through a mix of equity and debt from as an airport, but also allows non-aviation development that banks and capital markets. supports the economic viability of Perth Airport and in turn the State’s economy. All airport estate development must be in Shareholders of Perth Airport Percentage Development Group Pty Ltd Ownership accordance with the approved master plan. There have been no lease boundary changes since the Master Utilities of Australia Pty Ltd ATF Utilities Trust 38.26% of Australia (UTA) Plan 2014. Perth Airport is in the process of minor land acquisition, disposal and land swaps with State and Local The Northern Trust Company (TNTC) TNTC in 30.01% Governments in consultation with the Commonwealth its capacity as custodian for Future Fund Department of Infrastructure, Transport, Regional Development Investment Company No.3 Pty Ltd (FFIC3), a and Communications (formerly Department of Infrastructure, wholly owned subsidiary of The Future Fund Transport, Cities and Regional Development). Board of Guardians (FFBG) Utilities of Australia Pty Ltd ATF Perth Airport 17.34% Property Fund (PAPF) Gardior Pty Ltd as trustee for The 7.19% Infrastructure Fund AustralianSuper Pty Ltd 5.25% Sunsuper Pty Ltd 1.95% Table 1-1 Shareholders of Perth Airport Development Group Pty Ltd as at December 2019 Source: Perth Airport 16 SECTION 1: INTRODUCTION Gre at Ea stern Hwy Bypass Kalamunda Rd Airport G North Bungana Ave Fauntleroy Ave 21 Great Eastern Hwy 24 ve A ey Brearl Airport West r D Munday h t a Swamp e r n u D CROSS RUNWAY 06/24 (2163m X 45m) Tonkin Hwy Tonkin 06 A d R y d a L d r i b r a g u S MAIN RUNWAY 03/21 (3444m X 45m) Airport Central Horrie Miller Dr Paltridge Rd Hudswell Rd Tonkin Hwy 03 d R s a d n u D Airport Dr Airport South Abernethy Rd Dubs Cl Leach Hwy Terminal 1 Terminal 2 Terminal 3 Tonkin Hwy Kewdale Rd Terminal 4 A Air Trac Control Tower G General Aviation Area Abernethy Rd , Roe Hwy METRES Figure 1-2 Perth Airport Estate Source: Perth Airport PERTH AIRPORT MASTER PLAN 2020 17 SECTION 1: INTRODUCTION 1.4 History and Development of 1.4.3 Airport Expansion Perth Airport In 1973, a Joint State and Commonwealth Committee completed There is a long and rich history of activity on the Perth Airport a study which confirmed that the Perth Airport site would estate.
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