BUSI­NESS CON­FI­DENCE RUNS HIGH IN NSW

Hills to Hawkesbury Living Magazine - - News -

Gla­dys Bere­jik­lean has been sworn in as the new Premier of NSW and I have been greatly hon­oured with the new re­spon­si­bil­ity of Min­is­ter for Mul­ti­cul­tur­al­ism and Min­is­ter for Dis­abil­ity Ser­vices. These changes have oc­curred at a time when busi­ness con­fi­dence is stronger than ever, which is key in­di­ca­tor of the strength of the NSW econ­omy.

Busi­nesses are more con­fi­dent in­vest­ing in NSW than any other main­land state. The find­ings, re­cently re­leased as part of the NAB Quar­terly Busi­ness Sur­vey – De­cem­ber 2016, ranked the state as hav­ing the strong­est cur­rent busi­ness con­di­tions of any state. The re­sults re­in­forced the State’s sta­tus as Aus­tralia’s lead­ing econ­omy.

The re­port backs up what the NSW Govern­ment have been say­ing all along, that NSW is the best place to start a busi­ness. The NSW govern­ment has gone to great lengths to in­vest in im­prov­ing in­fra­struc­ture, re­mov­ing over­bur­den­ing red tape and sim­pli­fy­ing reg­u­la­tion to help busi­nesses thrive. Our work is pay­ing off with NSW con­tin­u­ing to out­strip all other main­land States and ter­ri­to­ries in terms of busi­ness con­fi­dence and con­di­tions.

The Sur­vey in­di­cated that the 12 months out­look on busi­ness con­di­tions in NSW was the most pos­i­tive among all main­land States. The new re­port comes af­ter the re­lease from ABS, which showed more than 72,000 dwellings were ap­proved in 2016 above the state tar­get of 50,000. The NSW Govern­ment are com­mit­ted to in­creas­ing hous­ing sup­ply to make hous­ing more af­ford­able for all. Since the Lib­eral-Na­tional Govern­ment was elected in 2011, there have been more than 310,000 new homes ap­proved across NSW.

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