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A 2005 hospital PPP in NSW cost taxpayers nearly $1B over 25 years with minimal savings and ongoing issues, prompting calls to end the contract.
In 2005, New South Wales approved a public-private partnership to redevelop Calvary Mater Hospital in Newcastle, marking the state’s first hospital PPP.
The $132 million project, completed in 2012 at $212 million, included upgrades to a 176-bed facility and new cancer and mental health services.
Critics say the deal will cost taxpayers nearly $1 billion over 25 years, with public risk remaining despite private involvement.
A 2023 review found only a 2.1% savings—$8.2 million—over public delivery.
Ongoing management issues since around 2016 have prompted a formal inquiry, with NSW Health Minister Ryan Park expressing frustration and exploring legal options to hold contractors accountable.
The contract runs until 2033, but union leaders and hospital staff urge immediate termination and return to public control.
Un hospital PPP de 2005 en NSW costó a los contribuyentes casi $ 1B durante 25 años con ahorros mínimos y problemas en curso, lo que provocó llamadas para terminar el contrato.