NorthSouth,
Also remember that if you're already in the turn chances are that the gear is up and you're climbing and well above min speed. So it gives you the ability to trade speed for height and bring the speed back to V2 or appropriate. I don't know the design criteria for lateral distances, but I do know that I've only got 50' vertically to play with in a turn.
Airservices Australia might be able to give you the design information for the Hobart chart.
Clark y