Welcome to Western Sydney Business Access

PARRAMATTA business representatives will play an integral part in the development and implementation of the next five-year economic development strategy for the city. “The purpose of business engagement in economic development is to ensure the business community have a role in shaping and reviewing the economic development strategy for the local government area,” said a report to Parramatta City Council. With the impending conclusion of the current economic development strategy, council officers have commenced the preparation of the 2017-2022 document. The report to council outlined a suggested three-phase process of engagement with the business community in its preparation and implementation. “At a basic level, there are three types of business engagement – general business engagement, project-specific business engagement and strategic business engagement,” the report said. Council has deferred consideration of the report so that further work could be undertaken.

PROPERTY investors remain bullish about the long-term merits of residential real estate; a new survey has found. The second annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey, which gathered insights from more than 1,000 property investors, shows that more than 70% of respondents think now is a good time to invest in property. This figure was up by five percentage points compared with last year. Only 13% of investors see record low interest rates as the key reason why property is the most attractive investment choice right now.

THE $150 million Narellan Town Centre is due for completion late 2016, with the overall development expected to be completed mid-2017. The expansion will double the mall’s floor space from 35,000 square metres to 70,000 square metres. The expanded town centre will create an estimated 1750 jobs open and rival other major shopping centres in the area, including Macarthur Square in Campbelltown.