A plan for regional jobs growth
Regional NSW will benefit from a re-elected Baird-Grant Government’s pledge to create 150,000 jobs across the State over the next four years.
NSW Deputy Premier Troy Grant said an extra $678 million in funding for a number of key incentives would create more local jobs and encourage more regional employers to grow their businesses.
“I welcome our Premier Mike Baird’s plan to keep NSW as the engine-room of the Australian economy. We want to wake the sleeping giant that is the regional economy because it has a huge part to play in the future of NSW,” Mr Grant said.
“The vast majority of our State’s agricultural produce and mineral resources, and manufacturing and small businesses hail from regional NSW so it’s in our best interests to help them grow.
“In just four years, our regional jobs programs have created more than 37,000 jobs in regional NSW, helping offset the decline in the resources sector.
“We want to see our regional industries grow even stronger, which is why we will extend our $5000 Jobs Action Plan payroll tax rebates for a further four years.
“In a time when large regional industries are experiencing decline, our payroll tax rebates have helped stimulate jobs growth by encouraging local employers to take on more local workers.
“We will also establish a new $2000 Small Business Employment Incentive to encourage non-payroll tax paying businesses to hire additional employees.
“We will boost the State’s investment attraction schemes to a record $190 million, to lure more big private enterprises to NSW and help develop existing commercial businesses.
“This includes our commitment to spend $75 million on the Regional Industries and Investment Fund and deliver tens of thousands of new jobs in country areas.
“Over the last four years, the State’s investment attraction schemes have supported projects as diverse as regional airport upgrades, film projects, new meat processing plants and agricultural facilities – creating thousands of jobs in the process.
“Coupled with our plan to ensure regional jobs and training are maximised in government procurement, we are creating a healthy regional economic environment for businesses to thrive in and grow their workforces.”