This final Vision 2030 newsletter
for 2014 brings you up to date with progress of the WACA’s Future Development
Strategy Committee (FDSC).
Our aim was to have a report and
recommendations ready for the full WACA Board to consider at the end of this
Mike Smith and his committee have
made significant progress during the past few months, however there is still
important work to complete before the report can be finalised.
This primarily relates to how the
commercial terms and conditions for operating the new Perth Stadium will impact
on the financial modelling of the options being considered.
The FDSC has been working closely
with commercial advisory firm Ernst and Young to examine a number of options
for the WACA, including various levels of redevelopment and integration with
cricket at the new Perth Stadium.
These will continue to be refined
but until we have all the data it is not possible to determine what part the
new Perth Stadium will have in the future of cricket in Western Australia and
how this will impact on the various options.
We will continue to work with the
State Government in the coming months, however the complexity of these
discussions means that we do not expect the report of the FDSC to be finalised
before the end of the first half of 2015.
While we would like to have been
able to complete this sooner, I believe it is important to have all the
information to allow the right decisions to be made in the interests of the
immediate and long term future of cricket in this State.
In keeping with our commitment to
keep our Members informed about progress with this work, we are planning
another information night for the first quarter of next year. We will give you ample
notice to attend this once a date has been finalised.
You can continue to submit
suggestions simply by visiting the WACA website www.waca.com.au/vision2030and clicking on Have Your Say.
This site has useful information
about Vision 2030,
including credentials of the FDSC members, Terms of Reference, key dates and frequently asked
I wish you a happy and safe
festive season and look forward to bringing you more news in the New Year.
Western Australian Cricket