channel deepening port phillip bay victoria

The newspaper reports today that the SEES will give the go ahead for channel deepening and dredging in port phillip bay, victoria.

As the SDFV secretary, I expected to see some prior notice - but we haven't received any thing through official channels.

What's the dredging going to mean for me?
Well it may interfere with some winter diving.
It's unlikely to interfere with summer diving (beach tourism too big for them to interfere with).
Long term should make no difference and if their predictions of fewer larger ships coming in are correct that means less ships to dodge while drift diving.

Alternatively it may absolutely ruin the ecology of port phillip bay - but the EES , SEES and monitoring process is meant to prevent that.
What's it going to cost POMC if they do stuff the bay? Is there an eco-bond?

Have to wait for the report I guess.