Community Benfits of HMAS Adelaide Sinking
The economic and environmental benefits that are created from an artificial reef project are numerous and varied . The major benefactors are the tourist, fishing and diving industries. These in themselves create flow on benefits for other businesses.
IDENTIFIED COMMUNITY
BENEFITS
- Significantly increase the number of international and interstate visitors to the Central Coast and NSW.
- Increase Travel and Tourism industry trade
patterns by increasing visit frequency.
- Detailed, long-term marine biological studies.
- Replenished fish stocks to replace depleted
resources
- Increase the profile of the Central Coast.
- More local jobs
- Higher tourism profile capturing an untapped
market
- Off-peak transport backload
- Increased patronage to established tourist attractions and environs
- Short term job creation in Newcastle as ship is prepared for sinking - possibilty of work for dole project
SCIENTIFIC BENEFITS:

- Long-term study opportunity the evolution
of a new habitat
- Educational resource for local University
and High Schools
- A fish nursery to replenish local reefs
EXAMPLE
CASE STUDIES: 
Economic Impact to Western Australia after sinking of HMAS Swan
- The former HMAS Swan in WA attracted 14,000
divers in 2 years
- Generating over $5.2 million turnover in associated businesses.
Potential Economic Impact to South Australia after sinking of HMAS Hobart
- $10 million in business turnover
- Creating an additional 120+ new jobs
< - Will attract 16,000+ new divers to the Hobart dive site by year three
Potential Economic Impact to NSW Central Coast after sinking of significant historical ship
- Potential 20,000 international divers per
annum - 6 dives, over 3 days
- Accommodation, meals, transport and entertainment
- Estimated minimum earnings = $11.7 million
These examples clearly show that ship reefs will attract
divers. Not only locally but also from interstate and overseas. An indication
of the potential earnings for the Central Coast can be estimated by looking
at the costs per diver for an overseas diving trip.
MONEY
GOING OVERSEAS: 
Nine day Dive trips to overseas dive locations
- Vanuatu $3,000
- Solomon Islands $4,000
- Fiji $2,800
- Truk Lagoon $8,500
This money could be spent Right Here on the Central Coast