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Grow your business in Regional NSW
Ian Smith

Ian Smith

Director, NSW Office of Regional Economic Development

Get in touch

Investment success

Investment success

Many successful multinational and large Australian companies have established a presence in Regional NSW, spanning all industry sectors.

There is growing opportunity and prosperity across every industry, everywhere in NSW:

Agribusiness and food manufacturing
Multinational companies are growing using local labour, distribution networks and proximity to inputs, such as local agricultural products, to locate global-scale, cutting edge factories in Regional NSW. 

Advanced manufacturing, Defence and aerospace 
Diverse, advanced manufacturing companies operate throughout Regional NSW, often clustered near Australian Defence Force bases or specialised agricultural, forestry or mining locations.

Professional and financial services
Opportunities to support expanding regional industries and take advantage of the changes in the way companies operate, such as through shared services or teleworking, are growing in Regional NSW.

Forestry 
Companies are growing across the forestry supply chain driven by increasing domestic and international demand for timber and processed paper products.  

Mineral resources and mining
Investment has grown in established coal and mineral mines, operations technology and port facilities, while new opportunities exist in rare earth minerals development. The renowned CMOC-Northparkes Mines, which is a joint venture between Chinese investors, China Molybdenum (80%) and the Sumitomo Groups (20%), is an example of a company taking advantage of such opportunities.

Transport, logistics and distribution 
A sophisticated network is serviced by major international providers, supporting all sectors.

Construction industry
International and Australian companies are benefitting from a historically large infrastructure and residential construction pipeline across NSW.

Proximity and infrastructure

Proximity and infrastructure

Regional NSW is strategically located close to major markets. Australia’s largest metropolitan market, Sydney, is accessible within hours.

Sydney’s rapidly growing population of almost 5 million and strong demand for high quality, cost effective goods and services, provides a solid platform for growth.

Major road and rail freight routes connect to Sydney and domestic markets, and on to international ports and airports.  The construction of the A$8.4 billion Inland Rail network will move freight between Queensland and Southern Australia and the cities of Melbourne, Brisbane, Adelaide and Perth. Investors can choose from a range of efficient and timely connections to export markets.

Access to broadband internet has increased markedly with the rollout of the National Broadband Network. Over 2 million businesses and households across NSW will be connected by early 2018.

Competitive business operating environment

Competitive business operating environment

In a competitive global business environment, every advantage counts when growing your business.

Regional NSW offers:

  • Office rental costs averaging A$249 per square metre per year compared to A$675 per square metre per year in Melbourne's CBD

  • Average annual domestic waste charges of A$293

  • Average annual water and sewer bills of only A$1320

  • Attractive lower living costs and high quality of life for employees, encouraging high staff retention rates.

Government Assistance

Government Assistance

The NSW and Australian governments offer support and advice. Go further in partnership with the NSW Government.

Regional NSW is benefiting from a once-in-a-generation commitment to invest and develop the regions, growing opportunity and prosperity across every industry, everywhere in NSW.

Research and Development Tax Incentive
Refundable tax offsets for eligible company research and development activities

Payroll Tax Rebate Scheme

A$6,000 payroll tax rebates to businesses creating new jobs

Jobs for NSW

Business grants, loans, loan guarantees and other services to create jobs in Regional NSW

Business Connect

Business advisory services and business skills training

Boosting Business Innovation Program

For collaboration between NSW research organisation and business communities

Regional Skills Relocation Grant

NSW Government grants for regional NSW businesses to assist with the relocation costs of skilled employees moving from metropolitan areas.

TechVouchers

For research collaboration between NSW small-to-medium enterprises and Boosting Business Innovation Program delivery partners

NSW Small Business Grant

A$2,000 per full time equivalent position to expanding small businesses hiring new employees

Page image credits: Mars Australia, Griffith City Council, Advantage Wollongong, NSW Department of Industry and NSW Department of Premier & Cabinet

Get in touch

Grow your business in Regional NSW

The Office of Regional Development and its network of 14 offices can provide advice on growth opportunities in Regional NSW.

Ian Smith

Director, NSW Office of Regional Economic Development
Office contacts
T: +61 1300 679 673
E: info@investregional.nsw.gov.au
Suite 1, Level 1
47-59 Wingewarra Street
DUBBO NSW 2830