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.