Category: NSW News

A new era in stability and security for renters starts today with three key changes coming into force as a result of the Minns Labor’s Government’s reforms to make renting fairer in NSW.

Delivering on a key election commitment to the state’s 2.3 million renters, from today the following legislation comes into force:

• Ending of no-grounds evictions – owners will now be required to provide a valid reason to end all lease types, set out in legislation, increasing security and transparency for renters. Longer notice periods will apply for some leases, giving renters greater certainty and time to find a new home, while ensuring investors can still effectively manage their properties. Renters who find a new property after receiving an evictions notice will also have improved rights to end a lease early.
• Pets in rentals – tenants will be able to apply to keep a pet in their rental home, with owners only able to refuse for specific reasons, such as the owner living at the property or failure to comply with local council laws. A standard application form and process has been developed to make the system clearer and more efficient for both renters and owners. Approval will be automatic if owners do not respond to pet applications within 21 days.
• Fee-free ways to pay rent – owners and agents must enable renters to pay their rent using certain fee-free rent payment methods such as direct bank transfer, ensuring there are convenient and modern payment methods available without extra cost.

These important changes come alongside other key initiatives from the Minns Labor Government:

• Limiting rent increases to once per year – Rent increases are limited to once per year across all lease types – including fixed-term and periodic leases.
• Ending tenants having to pay for their own background checks – Clarifying that rental applicants can’t be charged fees before entering a tenancy, for example costs for background checks.
• Portable Rental Bonds Scheme – The Minns Labor Government is investing $6.6 million to develop and deliver the nation’s first Portable Rental Bonds Scheme. This means eligible renters can move homes and digitally transfer their existing bond with them. The scheme is expected to be up and running by the end of the year.
• Rent Check – A new, free website – Rent Check helps renters to understand how the rent they’re being asked to pay compares to other similar homes.

Penalties are now in place for agents or owners who do the wrong thing, with the changes to be enforced by the Minns Labor Government’s Rental Taskforce, with inspectors and support teams to help renters and act on serious breaches of rental laws.

People are encouraged to visit the NSW Fair Trading website for clear, up-to-date guidance on the new rental laws and their rights and obligations here: https://www.nsw.gov.au/housing-and-construction/renting-a-place-to-live   

The Government has undertaken a comprehensive consultation and engagement process to inform and communicate these new reforms.

These important changes ensure that the rights between renters and owners is balanced, and the rental system in NSW is fairer.

Premier Chris Minns:

“Today marks a significant change which brings the rental market into the 21st century and makes renting fairer.

“More people than ever are renting, and they are renting for longer, so these reforms improve security and fairness in the rental market.”

“These are sensible reforms and With more than 2 million renters in NSW and over 600,000 investors, we have taken the time to get these major changes right.”

Acting Minister for Better Regulation and Fair Trading Paul Scully:

“The implementation of these reforms creates a fairer, more balanced rental market that gives tenants greater security while making sure owners have clear and transparent processes to follow.

“We’ve listened to renters, owners, and industry experts to shape these changes, and have worked closely with stakeholders to ensure the transition is smooth and well understood.

“Agents and landlords who choose to flout the laws should be aware the Rental Taskforce will act on serious breaches of the new rental laws.”

Minister for Housing & Homelessness Rose Jackson:

“For too long, renters have lived with the fear of being kicked out for no reason. That ends today. We’re delivering the security and stability that 2.3 million renters in NSW deserve.

“These reforms recognise that pets are part of people’s families. Renters shouldn’t have to choose between a place to live and keeping their companion animal. These changes put common sense into the rental system and end the blanket ban on pets.

“This is the biggest step forward for renters in a generation, we’re building a system that’s fair, modern and puts people first.”

NSW Rental Commissioner Trina Jones:

“Our team at Fair Trading has engaged extensively with industry and communities across NSW to make sure these reforms are well understood and practical.

“We have new information and resources on the NSW Government Website providing clear, reliable information to help renters, landlords and agents navigate these changes with confidence.”

“Our focus now is on successful implementation and dedicating our efforts to prevent and act on breaches of the law.”

Blackwattle Bay’s First Nations and maritime histories will be honoured through a series of creative installations within the precinct.

Visitors to the new Sydney Fish Market will be able to learn about the history of the area through five permanent installations that celebrate the site as a community gathering place.

The first three sculptures revealed today, Saltwater People Stories, pay respect to the continued presence of local Aboriginal people and their ancestral fishing traditions in Blackwattle Bay and the surrounding area.

Three Aboriginal Australian artists have designed works which reference traditional cultural practices of the Aboriginal nations and communities connected to the new Sydney Fish Market site including:

‘The Nawi’ – a traditional nawi (fishing canoe) by Bidjigal elder Uncle Steven Russell

‘Birrang Narrami (Star Net)’ – a traditional woven fishing net by Wiradjuri, Yuin and Gadigal multi-disciplinary artist and master weaver Nadeena Dixon

‘The Call of Ngura (Country)’ – with eel-like forms representing the Dreamtime journey of the great Creator Gurangady, by Buruberong and Wumali (Dharug) creative Leanne Tobin.

The sculptures, cast in bronze at the North Head Foundry in Manly, will be installed on the eastern and western promenades of the new Sydney Fish Market later this year.

Two further installations will sit on the eastern promenade – an interactive water play area for families, and an installation paying homage to the site’s industrial history as a working harbour.

Placemaking NSW will also host a curated arts and cultural program featuring dance and music. This will take place in the public domain throughout 2026 featuring local artists.

For more information about the new Sydney Fish Market project, visit: new Sydney Fish Market. 

Minister for Lands and Property Steve Kamper said:

“For thousands of years, the Saltwater clans of the Sydney region have been traditional custodians of this land, with Blackwattle Bay serving as a vital site for fishing, swimming and gathering.

“These installations will honour ancestral fishing traditions and share the stories of the Saltwater People with the millions of visitors anticipated at the new Sydney Fish Market.

“Visitors can look forward to not only viewing the stunning architecture but learning about the site’s cultural significance through these installations – and, of course, savouring the freshest seafood in NSW.”

Infrastructure NSW Head of Projects Bruno Zinghini said:

“These Saltwater People Stories installations led by Aboriginal curator Tess Allas will enrich the public domain around the new Sydney Fish Market, providing both local and international visitors with a glimpse into our First Nations heritage.

“Forming part of the urban renewal of the Blackwattle Bay precinct, commissions like these will ensure the revitalised waterfront destination will deliver a lasting cultural legacy for Sydney, celebrating history through creative expression, infusing the area with vibrancy and a distinct sense of place.” 

First Nations Contemporary Artist, Leanne Tobin said:  

“As a First Nations artist, I’m excited to see our culture represented and visibly acknowledged as part of the new Sydney Fish Market.   

“This project is more than a world-class building and fish market. It is an opportunity for us to educate and inform visitors here by weaving our stories and culture into the precinct.

“These installations allow us a way to share our cultural stories and highlight our deep and ancient connection to this land while also creating a shared experience that reflects our heritage for all to enjoy.” 

The NSW Reconstruction Authority is releasing more homes for sale across the Northern Rivers after a very strong community response to the first-ever home relocation Expression of Interest process.

There will be a rolling release of homes available for auction and relocation, starting with 20 flood-affected properties in the Northern Rivers available online from today and more in the coming week.

This next release will include another 30 homes and build on the success of the first offering, which saw 31 homes made available for purchase and relocation in December 2024.

The Reconstruction Authority appointed PRD Northern Rivers to manage the sale process and received more than 130 offers for the initial 31 homes, with some properties attracting more than 10 individual offers.

PRD Northern Rivers are engaging with successful bidders from the first release to begin the contracting process, with homes to be relocated within 12 months.

The Reconstruction Authority remains firmly committed to reusing and relocating as many flood-affected homes as possible.

Most submissions for the EOI were from local community members who have land within the Northern Rivers.

Further details on the agents representing the next tranche of homes is available on the RA’s website.

Minister for Recovery Janelle Saffin said: 

“It’s great to see that there are so many people who are ready to buy and relocate homes that were bought back by the Reconstruction Authority.

“The demand from the public is there, and we want to resell as many homes as possible so people can relocate them to safer areas. I’m looking forward to seeing more homes available for purchase and relocation soon.”

“This isn’t just about making sure we keep using the existing housing infrastructure whenever possible, its also about making sure our region doesn’t lose its unique character while we help move people out of harm’s way.”

NSW Reconstruction Authority CEO Mal Lanyon said: 

“The people of the Northern Rivers told us that as well as having access to homes safely located away from floodplains, they wanted to retain and preserve where appropriate the sense of community by repurposing older homes in the area, and we are excited by the response from potential homeowners.”

“We know there are more people who are seeking homes, and we are working quickly to make more homes available to the community.”

The NSW Government is expanding the successful Circle Sentencing program to Sydney’s Downing Centre. 

Circle Sentencing is a program to help reduce reoffending, improve justice outcomes and improve community safety.

It is available to eligible defendants who plead guilty to or are found guilty of criminal offences in a local court.

Rather than being sentenced by a magistrate alone, defendants are sentenced by a magistrate alongside representatives from the local Aboriginal community, such as elders.

In addition, the police prosecutor is always involved while the victim can choose to participate if they wish.

The court has the full sentencing power of a traditional court for offenders who meet the criteria and are assessed as suitable.

A 2020 study by NSW Bureau of Crime Statistics and Research found Aboriginal people who participated in Circle Sentencing were 9.6 per cent less likely to reoffend, compared to those sentenced to a non-custodial sentence in a traditional way.

In developing the sentence, the group discusses factors including the impact on the victim and what can be done to prevent further offending.

Sydney Downing Centre will hold its first Circle Court today presided over by NSW Chief Magistrate, Judge Michael Allen.

Including the Downing Centre, Circle Sentencing now operates at 23 high-priority locations after beginning in Nowra in 2002.

The Downing Centre will become the third metropolitan location following Mt Druitt in 2007 and Blacktown in 2010.

Attorney General Michael Daley said:

“The NSW Government is investing in prevention and diversion measures to improve long-term outcomes for Aboriginal people in the criminal justice system.

“People who participate in Circle Sentencing are less likely to reoffend.

“Expanding Circle Sentencing to Sydney’s Downing Centre Local Court will empower more Aboriginal communities to be involved in the sentencing process.”

Chief Magistrate Judge Michael Allen said:

“Circle Sentencing elsewhere in the state has been effective for a number of years in reducing recidivism, and I look forward to seeing similar success in Sydney.”

The Minns Labor Government is continuing work to address the housing affordability and availability crisis by delivering more, well located homes, sooner, with the first factory built modular social homes nearing completion.

Three modular homes are being finished in Smithfield and will soon be delivered and installed in Wollongong – the first dwellings rolling out statewide as part of the historic Building Homes for NSW Program. A further 10 homes are due in Shellharbour and Lake Macquarie by the end of the year.

Modern Methods of Construction slashes build time by up to 20% and supports around 100 local manufacturing and construction jobs. The homes are being built by Smithfield-based supplier Wild Modular and will be managed by Homes NSW.

This new approach is guided by the Modular Housing Taskforce and is part of the Government’s plan to scale up Modern Methods of Construction– including prefabrication, offsite builds, and cutting-edge tech – to get more high-quality homes on the ground faster.

Each of the first sites will feature a one-bedroom plus multipurpose room modular home installed in the backyard of an existing social housing property, creating extra homes for people in need on the land we already own.

Modern Methods of Construction refers to the wide variety of construction methods that are different to traditional onsite construction. This includes prefabrication, off-site manufacturing, and modular or volumetric dwellings, as well as new technologies such as 3D printing, robotics, and artificial intelligence (AI).

For more information visit: http://www.nsw.gov.au/homes-nsw/MMC

NSW Minister for Housing and Homelessness Rose Jackson said:

“This is the future of social housing – smarter, faster, modern and built to provide tenants dignity. Modular homes aren’t ‘shit-boxes’ they are the future.

“We’re using modern construction to deliver beautiful homes for people who need them most, cutting wait times and creating good local jobs along the way.

“These homes show what’s possible when we stop dragging our feet and start thinking differently.”

Wild Modular Co-founder & Executive Director, Tahi Merrilees said:

“Our team are proud to support Homes NSW in delivering this program which proves that there is a smarter, faster, and more sustainable solution to the state’s housing needs.

“These homes reflect the what’s possible with volumetric modular construction—designed with precision, built under controlled conditions, and installed with minimal disruption.

“Modern methods of construction isn’t just about efficiency; it’s about innovating with dignity, and quality, building a better future for our communities.”

The Mount Druitt community is being provided with their first look at plans for the expanded Mount Druitt Hospital. 

The Minns Labor Government is investing $120 million in the upgrade of Blacktown and Mount Druitt Hospitals to provide expanded and contemporary acute medical and surgical capacity.

The project will include 60 additional beds across Blacktown and Mount Druitt Hospitals.

The plans show the area for the planned upgrades, which will deliver modern health care facilities to service one of the country’s fastest-growing communities.

A mix of new and refurbished clinical areas and support spaces will form part of the redevelopment. 

Welcoming and culturally inclusive spaces for consumers, staff, and visitors will be central to the planning and design process.

Staff, stakeholders and the community are invited to attend an information session at Mount Druitt Hospital to meet the project team and learn more:

• Mount Druitt Hospital main entrance
• Thursday, 22 May 2025 at 9:00am-11:00am

Staff, stakeholders, and the community will continue to be consulted as the project progresses.

Planning and design will continue throughout 2025, with construction timeframes to be finalised as part of planning and once a builder has been appointed.

Construction work will be carried out in stages to minimise disruption to clinical services, which will remain operational throughout the redevelopment.

The project will build on the $700 million expansion of Blacktown and Mount Druitt Hospitals completed in 2020 which has expanded capacity at both hospitals. This included a new Emergency Department (ED), cancer centre, and inpatient facilities at Blacktown Hospital and additional renal dialysis and inpatient facilities at Mount Druitt Hospital.

The redevelopment is being delivered by Health Infrastructure and Western Sydney Local Health District.

For more information visit:  Blacktown and Mount Druitt Hospitals – Additional beds – Health Infrastructure NSW.

This is part of the Minns Labor Government’s delivery of more than $3 billion in hospital infrastructure across western Sydney, including:  

• $1.3 billion for the New Bankstown Hospital; 
• $550 million for the Fairfield Hospital Redevelopment;
• $910 million for the new Rouse Hill Hospital.
• $120 million for additional treatment spaces for Blacktown and Mount Druitt Hospitals; and
• $350 million for the Canterbury Hospital Redevelopment.

Minister for Health, Ryan Park:

“This is the first important stage of the $120 million investment into Blacktown and Mount Druitt Hospitals.

“The project will expand medical and surgical capacity at both hospitals boosting healthcare access for the growing local community.

“This project will minimise the need to transfer patients from Mount Druitt Emergency Department to Blacktown ED leading to more efficient operation of both EDs, and a better service offering for the community.”

Member for Mount Druitt, Edmond Atalla:

“I’m delighted to see continued investment in Blacktown and Mount Druitt Hospitals to support our growing area.

“I, along with the community look forward to seeing this project take shape as the planning and design process progresses.

“The Blacktown and Mount Druitt project is estimated to support approximately 200 direct jobs with the potential for supporting hundreds of indirect jobs.”

Graeme Loy, Chief Executive, Western Sydney Local Health District:

“This expansion will strengthen the services available to the people of Mount Druitt making a more specialised level of care available to the local community.

“Providing increased health services is essential to continuing to support the local Aboriginal community, patients and their families and carers to access the care they need at their local hospital.

“The additional medical and surgical capacity will add to the comprehensive paediatric and renal services currently available at Mount Druitt Hospital.”

NSW Ambulance has today welcomed 116 new paramedic interns and 24 trainee emergency medical call takers, after they were officially inducted into the service at a ceremony.

These new recruits will commence 12 months on-road placements to consolidate their training, prior to permanent postings across metropolitan and regional NSW, boosting frontline health services.

NSW Ambulance has welcomed 466 new recruits so far this year.

The new recruits joining the service come from a range of backgrounds and experiences, including paramedic intern Paris Alcorn who is fulfilling a long-held ambition to be a paramedic, and trainee emergency medical call taker Melissa Moore, who has previously worked as a neonatal nurse and volunteer firefighter, while juggling being a mother-of-four.

The emergency call takers will be posted to the Northern, Western and Sydney control centres.

Minister for Health, Ryan Park:

“During my time as Health Minister I’ve met many paramedics, both in larger metro areas and the bush.

“Whether they’re based in Wollongong, Broken Hill, Dungog, Kingscliff, Randwick or Liverpool they’re some of the most valued members of their communities.

“A career of service, like the one these 140 graduates are embarking on today is incredibly rewarding, and I wish them the very best as they head out across the state.”

NSW Ambulance Chief Executive, Dr Dominic Morgan:

“These paramedics and control centre interns are stepping into a role that demands not just clinical skill, but compassion, resilience, and courage.”

“Whether responding to emergencies or supporting community healthcare, these graduates will become an integral part of NSW Ambulance”

Paris Alcorn:

“I knew my future profession would be in healthcare as a paramedic – a profession underpinned by kindness and compassion.”

“Spending time working as a teacher’s aide for children with autism, showed me how even the simplest of kind acts make such a difference to people in need.”

Melissa Moore:

“Combining my love of healthcare and emergency services, I am very excited to be working in ambulance control.”

“Knowing I am that first contact for people in need, will be very rewarding.”

Fair Trading has successfully prosecuted a Sydney furniture supplier who was ordered to pay more than $37,000 in compensation and sentenced to a 15-month Community Corrections Order after an investigation found he charged consumers thousands of dollars for furniture which never arrived.

Gerasimos Lord was convicted in Parramatta Local Court 30 April for 10 breaches of Australian Consumer Law for knowingly accepting payment for goods and failing to supply those goods within a reasonable time, if at all.

The offending related to a business, Gallery Furniture Pty Ltd, taking payment for goods but failing to deliver furniture including a $4,499.10 timber cabinet, $3,596 for dining chairs, and a marble side table worth $450.

The defendant was ordered by the court to pay $37,683.41 in compensation to seven consumers and acknowledged other consumers who did not receive goods gained refunds through credit card charge back facilities.

Failure to supply is a common complaint raised with NSW Fair Trading, which received more than 13,000 complaints about the issue from 2022-2024.

It occurs when a trader accepts payment for their goods or services but does not deliver the promised goods or services in a specified time, or within a reasonable time. 

In December, NSW Fair Trading successfully prosecuted Milano Republic Director, Branislav Supa, for seven offences of accepting payments without supplying goods within a reasonable time or at all.

In Parramatta Local Court, Mr Supa was fined $2,000 and ordered to pay $5,621 in compensation to affected customers.

Also in December, NSW Fair Trading successfully prosecuted Nicholas Paxinos and Open Close It Pty Ltd trading as Shutters Quickly, who was convicted of accepting payment and not supplying goods/services in time.

Mr Paxinos was fined $5,000 and ordered to pay more than $20,000 in compensation, while Open Close It Pty Ltd was fined $5,400 and ordered to pay $2,100 in compensation to customers.

For more information about consumer rights when you pay for goods and don’t receive them, visit the NSW Fair Trading website here: https://www.nsw.gov.au/legal-and-justice/consumer-rights-and-protection/when-you-dont-receive-products-or-services-paid-for

Minister for Better Regulation and Fair Trading Anoulack Chanthivong:

“NSW Fair Trading will prosecute businesses who take the money but don’t deliver.

“There is nothing more frustrating than spending hundreds, if not thousands of dollars on furniture and going months without seeing your purchase arrive, if at all.

“When making major purchases, consumers should always research the seller by searching for online reviews on their products and by checking NSW Fair Trading’s Complaints Register.”

The Koori Rugby League Knockout is being memorialised with a blue plaque in Sydney’s inner west, to celebrate the grassroots sporting competition.

The plaque will today be unveiled at the first Koori Knockout venue, Camdenville Park, St Peters, to recognise what is considered one of the biggest annual gatherings of Aboriginal people in Australia. More than 40,000 spectators attend each year.

The Koori Knockout was formed by six young Indigenous men at Redfern’s Clifton Hotel, who wanted an opportunity to showcase Aboriginal sporting talent that had been overlooked by scouts. The founders – Victor Wright, Bob Smith, Bob Morgan, Bill Kennedy, Danny Rose and the late George Jackson – envisioned an event that was more than just a platform for football, but also a gathering of family, community and cultural pride.

The first Koori Knockout at Camdenville Park in 1971 brought together seven teams from across NSW: Koorie United, Redfern All Blacks, Kempsey, La Perouse, Walgett, Cowra and a combined Mt Druitt-South Coast side. It was a resounding success, setting the foundation for what has now become one of Australia’s most significant indigenous events.

The blue plaque recognising the Knockout’s importance to the state’s heritage has been incorporated into the renovations of Camdenville Park. Aboriginal community members who were there for the tournament’s conception, have flown into Sydney from around Australia to attend the unveiling of the blue plaque, to remember why the competition was started and celebrate what it has become.

The Koori Knockout continues to serve as a vibrant celebration of Aboriginal heritage, drawing together communities from across the state to compete, connect and celebrate their shared culture.

The popular Blue Plaque NSW program places round, blue plaques at sites across NSW to recognise and share the stories of individuals or moments in history. The installation of each new plaque brings added interest to the heritage of an area, encouraging locals to explore their backyards, and inviting those from further afield to learn more about the unique history of these communities.

For information about the Blue Plaques NSW program visit www.blueplaques.nsw.gov.au.

Minister for Heritage, Penny Sharpe:

“This is more than a tribute to a game of footy – it’s a celebration of the deep cultural connections, identity and resilience of Aboriginal communities across NSW. The Koori Knockout is a living celebration and it’s great to see it formally recognised today.

“The Koori Knockout is a proud legacy of Aboriginal leadership, determination and community spirit. It began as a grassroots initiative and has grown into one of the most significant cultural gatherings in the country. This plaque rightly honours that history.”

Member for Heffron, Minister Ron Hoenig:

“I’m proud that Camdenville Park in my electorate now bears a permanent reminder of the first Koori Knockout – an event that continues to bring people together in a powerful show of unity and culture.

“This plaque is a reminder of how local places carry national stories. The Koori Knockout began here, but its legacy stretches far and wide. The addition of this plaque in the wonderfully upgraded Camdenville Park cements this important legacy for generations to come.”

Member for Summer Hill, Jo Haylen:

“I am so proud that we have, right here in the Inner West, a recognition by the NSW Government of the Koori Knockout and its enduring cultural and community legacy.

“For over 50 years, the Koori Knockout has been more than just a rugby league competition. It is a demonstration of the power of cultural connections and community determination, and this oval in the heart of our Inner West community has put into motion decades of increased access for Aboriginal players from all over our state, many of whom have gone on to represent NSW, QLD or Australia, and bring the game of rugby league to new heights.”

The NSW Government has today released the NSW Trade and Investment Strategy 2035 – a 10-year plan with clear targets to grow and diversify the state’s exports and attract investment to develop and strengthen new and existing industries, as well as driving long-term economic prosperity.

As the impacts of tariffs flow through global markets, NSW is strengthening its commitment to an open economy that champions free and fair trade, with diversification of both what NSW’s exports and which countries we export to at the centre of our approach.

The release of the Strategy comes ahead of Minister for Industry and Trade Anoulack Chanthivong undertaking a seven-day trade mission to the Republic of Korea and Japan – markets that present clear opportunities to increase trade and investment and advance the government’s ambitions in housing, the transition to net zero and local manufacturing.

The NSW Trade and Investment Strategy provides a clear path towards a more productive and resilient economy focused on the following outcomes by 2035:

Increase the value of NSW exports to $245 billion; a $100 billion increase from 2023-24

• NSW’s goods and services exports total $142.5 billion, which has grown by more than $70 billion over the last decade.
• NSW has set an ambitious export target focused on continued growth, taking advantage of opportunities arising from our proximity to high growth markets such as Southeast Asia, and opportunities created by the global energy transition.

Increase the diversity of NSW’s export markets

• NSW’s largest merchandise export markets in 2023-24 were Japan, mainland China, and Taiwan, comprising nearly 45% of goods export value.
• The Strategy seeks to diversify our export destinations through solidifying links with growing economies, at the same time as embracing new opportunities in current major markets

Increase the diversity of NSW’s export products

• NSW’s largest export products in 2023-24 were coal, international education and gold, comprising approximately 42% of total export value.
• Improving the diversity of goods and services that NSW exports around the globe will build the resilience of the NSW economy.

Support 10,000 businesses over 10 years to grow and export into new markets

• Investment NSW currently supports 800 businesses each year to export or to build their exporting capacity, with a target to grow this to 1,000 each year through new and existing initiatives.

Support the creation of 30,000 direct full time equivalent jobs through NSW Government investment attraction activities

• Our aim is to increase the number of jobs created through NSW Government investment attraction activities to an average of 3,000 per year.

Attract $25 billion in investment to NSW, with $17.5 billion into the Industry Policy Missions

• Targeting investment outcomes in the NSW Industry Policy missions – Housing, Net Zero & Energy Transition and Local Manufacturing – will be crucial to unlocking NSW’s economic potential, achieving the missions, and supporting government priorities.

During his mission to Korea and Japan, the Minister will advance the objectives of the Strategy in meetings with government and business leaders. He will also address an audience comprised of major Japanese businesses Expo 2025 in Osaka, where the NSW Government will host a major investment showcase at the Australian Pavilion.

The NSW Trade and Investment Strategy is aligned with the NSW Industry Policy – the overarching framework for delivering on the Government’s strategic priorities, and which also complements the goals of the Innovation Blueprint.

Read the NSW Trade and Investment Strategy here: https://www.investment.nsw.gov.au/why-nsw/resources/nsw-trade-and-investment-strategy/

Minister for Industry and Trade Anoulack Chanthivong said:

“NSW is Australia’s leader in trade and investment, and through the NSW Trade and Investment Strategy, we’ll take things to the next level.

“We have clear targets in place to grow exports, diversify the products we export and where they go, and support more NSW businesses with their international growth objectives.

“We will continue to position NSW as an attractive place for global investment and target outcomes associated with the Industry Policy Missions to deliver a more innovative and sustainable economy.

“NSW has numerous strengths – an extensive research and development sector, and unique advantages in sectors like digital technology, clean energy, defence and space, life sciences, health care, and agrifood.

“We have the skills, knowledge, and capabilities that make NSW a leading place to invest.

“My mission to Japan and the Republic of Korea has been targeted to promote the opportunities outlined in the NSW Trade and Investment Strategy.

“NSW is a long-standing and trusted trading partner to both Japan and the Republic of Korea.

“Opportunities also exist to turbo charge NSW housing by harnessing regional expertise in cutting edge building technology and encouraging investment in the housing sector.

“The NSW Government looks forward to leveraging our state’s global competitiveness to deliver better trade and investment outcomes for businesses and the people of NSW.”