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Grow your business in Regional NSW
Murray Wood

Murray Wood

Regional NSW Investment Coordinator

Get in touch

Investment success: key growth areas in Regional NSW

Investment success: key growth areas in Regional NSW

Image credit: Griffith City Council

So many successful international and Australian companies have already used Regional NSW to take their business further.

You can join them by taking advantage of the very real opportunities to invest and expand your business across key sectors in Regional NSW.

Agribusiness and food manufacturing
Regional NSW is known for its expertise in the sector and it’s easy to access the skilled labour and distribution networks you need to succeed. Regional NSW also boasts proximity to inputs, such as local agricultural products and global-scale, cutting edge manufacturing plants.

Tourism
Australia is one of the world’s most desirable travel destinations and Regional NSW offers more diverse tourism options than any other state or territory, combining diverse natural beauty, country hospitality and excellent eating and drinking options.

Advanced manufacturing
Regional NSW’s skilled workforce, low cost of doing business and emphasis on research and collaboration provide the perfect environment for advanced manufacturing companies to cluster, collaborate and grow.

Defence
Regional NSW supports defence sector companies with a complete ecosystem of critical industrial capabilities. It also offers a highly skilled workforce and world-class academic and research institutions.

Professional and financial services
Regional NSW’s financial and professional services sector is expanding. There are also real opportunities to streamline your business operations and increase efficiency through shared services or teleworking.

Forestry
Regional NSW has a global reputation for its quality softwood. Meanwhile, increasing domestic and international demand for sustainable timber and processed paper products is providing more opportunities than ever in the forestry supply chain.

Mineral resources and mining
We boast some of the world’s richest mineral deposits. Capitalise on new investment in established mineral mines, operations technology and port facilities and tap into the new markets in resources such as rare earth minerals.

Transport, logistics and distribution
Regional NSW is on the move and as our economy expands so does our need to transport goods more efficiently. Invest in our sophisticated transport, logistics and distribution networks, serviced by major international and local providers.

Construction industry
Regional NSW is undergoing an infrastructure boom. Unprecedented public and private investment in Regional NSW, a growing population and substantial residential construction pipeline is presenting real opportunities in this vital sector.

Some of the international companies that have grown out of Regional NSW

Efficient connections to key markets

Efficient connections to key markets

Image credit: Advantage Wollongong

Regional NSW is strategically located close to major Australian and overseas markets.

Australia’s largest metropolitan market, Sydney, is accessible within hours and the demand generated by the city’s rapidly growing population of five million people provides businesses in Regional NSW with a solid platform for growth.

Major road and rail freight routes connect Regional NSW to domestic and international markets through rail, sea ports and airports. A new A$9.3 billion Inland Rail network is currently under construction in Regional NSW. This will help increase efficiency in moving freight to major centres and ports outside of our state, such as Melbourne, Brisbane, Adelaide and Perth.

The NSW Government has also invested in upgrades to major highways to improve flows and transport times between centres and ports across NSW.

The National Broadband Network (NBN) brings fast internet speeds to much of Regional NSW. Australia-wide, 5.4 million homes and businesses are already connected with a further 9.5 million homes and businesses now ready to connect.

The NBN is complemented by the NSW Government’s A$400 million investment in digital connectivity. This initiative will eliminate mobile blackspots, provide new data centres and help give Regional NSW even faster, more reliable internet connections.

A cost-effective operating environment

A cost-effective operating environment

Image credit: Treasury NSW

In a competitive business environment, keeping costs down can make a real difference to how rapidly any business grows.

The comparatively low cost of doing business in Regional NSW helps set it apart from other areas. For instance:

  • Office rental costs average A$249 a square metre per year, and less in many regional centres, compared with an average rent of A$695 per square metre in Melbourne’s CBD
  • Average annual domestic waste charges are just A$329
  • Average annual water and sewer bills are only A$1,460.

Attractive lower living costs and high quality of life for employees, also encourages cost savings through high staff retention rates.

Government support for your business as you expand in Regional NSW

Government support for your business as you expand in Regional NSW

Image credit: Department of Planning, Industry and Environment

The NSW and Australian Governments offer support and advice to businesses looking to expand in Regional NSW and are committed to investing in and developing our region.

Some of the ways we can help include:

Contact one of our investment specialists for more information on any of these programs.

Get in touch

Grow your business in Regional NSW

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

Murray Wood

Regional NSW Investment Coordinator
Office contacts
Suite 1, Level 1
47-59 Wingewarra Street
DUBBO NSW 2830
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