In order to help fund extensive upgrades to the North Sydney Olympic Pool the federal Coalition has promised $10 million worth of funds if the Morrison government is re-elected.
$28 million has been put aside by the North Sydney Council which is dedicated to improving the harbourside pool’s aging infrastructure, however, they have said a further $30 million is required to complete the project.
The council has said the pool needs urgent remedial works and unless the state and federal governments helped fund the $57.9 million redevelopment, the Milsons Point pool could be closed.
Treasurer Josh Frydenberg, spruiked the funding boost when he visited the pool saying “this is an iconic part of Sydney, I think this pool is architecturally splendid. It's only fitting, given it's in a state of disrepair and it's just a function of its age, that this old lady can be made beautiful again."