The NSW Government is taking a fresh approach to how it invests in regional NSW to make sure we can help meet the needs of all communities. This process is part of a new Regional Development Roadmap that includes the following key elements.
Regional Development Trust
The NSW Government has committed an initial investment of $400 million into the Regional Development Trust for sustainable and strategic investment with a focus on priorities that make a real difference to regional communities.
Regional Development Advisory Council
The role of the Regional Development Advisory Council is to provide the Minister for Regional NSW with advice on regional investment and economic development and ensure that the interests of rural and regional communities are at the centre of government decision-making.
Modernising the Regional Development Act 2004
The Regional Development Act has been updated to reflect community feedback on extensive public consultation and to provide a stronger framework for regional economic development.
A modern Regional Development Act will ensure transparency and accountability to help deliver better outcomes in rural and regional communities.