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NSW Unveils Investment Delivery Authority To Speed Approvals For Major Projects

Funded with $17.7 million alongside an $80 million innovation package, the authority aims to unlock as much as $50 billion in annual project investments.

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Overview

  • The government will invest $17.7 million to establish the Investment Delivery Authority, modelled on the Housing Delivery Authority, to streamline project approvals.
  • The authority will handle expressions of interest for domestic and international investments above $1 billion and assist around 30 large-scale developments each year.
  • The 2025/26 budget allocates nearly $80 million under the Innovation Blueprint to support startups, scale-ups and emerging technologies.
  • The funding package directs $38.5 million to Tech Central and $20 million to commercialising emerging housing and energy technologies.
  • Officials expect the reforms to clear red tape, unlock up to $50 billion in investment annually and drive economic growth across NSW.