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Friday, October 22, 2021

NSW economy stays at number 1

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By NSW Premier Mike Baird @MikeBairdMP

I begin this column with the good news that New South Wales remains the number one economy in Australia.

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New data shows we are the only state in the country to have generated full-time employment over the past month, and we did so by adding another 26,000 full time jobs during that time. This is a great boost to public and business confidence and supports our view that momentum has returned to the state economy. We expect the pace to continue if given the opportunity to implement our $20 billion plan to rebuild NSW. If re-elected, we will lease 49 per cent of the electricity ‘poles and wires’ to enable us to fund our once-in-a-generation plan to transform the state. At the moment there are two visions for the future of the state. One that is fullyfunded and moves us forward by building the roads, public transport networks, schools and hospitals we need to cater for our growing population, and the other that would bring all of the progress we have seen over the past four years to a sudden stop.

I have committed to a price guarantee, which ensures anyone bidding for the lease must sign a guarantee that electricity network prices will be lower in 2019 than they were last year. We understand the pressure household power bills have on family budgets so unless the bidders guarantee lower prices the transactions won’t go ahead. This week I was in Parramatta to announce that if re-elected we will deliver ten extra express services in the morning peak between Parramatta and the Sydney CBD to reduce crowding on the busy Western Line. It will make a huge difference for commuters jumping By NSW Premier Mike Baird @MikeBairdMP on busy trains to get to work and study.

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We need to accommodate for the extra train services so if re-elected we’ll invest in new infrastructure, signalling and power supplies in Western Sydney. We’ll do this to improve the lives of people across the region and deliver fast and reliable public transport services expected of a global city such as Sydney.

Since 2011, we have significantly increased public transport services, delivered Opal ticketing, and every one of the brand new Waratah trains, meaning every line is now air-conditioned for customers. In addition to the extra train services, we’ve announced a $100 million plan to boost ferry services along the Parramatta River with new vessels and extra services.

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We’ll also build an entirely new ferry wharf at Rhodes and upgrade eight others along the river.

There is no better city in the world than Sydney to commute by ferry and this package will make ferry travel to and from Western Sydney more accessible than ever before. Finally, I visited Schofields to announce our plan to supercharge housing supplies across Sydney.

UrbanGrowth will be asked to double the number of home sites being unlocked on Governmentowned land over the next four years to meet the growing demand for housing across the city. This is a new four-year target that will follow the NSW Liberals & Nationals Government’s successful delivery of 10,000 new home sites over the past four years – with the 10,000th new home-site delivered in Campbelltown this month.

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