Doing Business in NSW

Industry Action Plans

The NSW Government is developing Industry Action Plans to position key sectors of the State's economy for strong growth, resilience, improved innovation and productivity, global competitiveness, and new investment opportunities over the next decade.

The Government has established Industry Taskforces to develop the Industry Action Plans.

The decade to 2021 will present both opportunities and challenges for our cities, towns, businesses and communities. Our position in an increasingly connected global economy, with fluid markets and consumer demand, changes to work patterns, advances in new technology, and a growing and ageing population, are just some of the mega-drivers that we need to navigate.

Industry Action Plans will become the road map for industries in NSW up to 2021, ensuring that both Government and industry can best take advantage of opportunities and curb the threats to growth.

Online forums and time for lodging submissions on the Industry Action Plans have now ended. You may still view comments at haveyoursay.nsw.gov.au/iap.

Public forums are planned for industry participants in both metropolitan and regional areas early next year. To stay informed about what's happening with the Industry Action Plans, please register here.

Late submissions will be accepted and should be emailed to:

• Digital Economy Industry Action Plan: digital.economy.iap@business.nsw.gov.au
• Professional Services Industry Action Plan: professional.iap@business.nsw.gov.au
• Manufacturing Industry Action Plan: manufacturing.iap@business.nsw.gov.au
• Tourism and Events Industry Action Plan: visitoreconomy@business.nsw.gov.au

Industry Action Plans are being developed for the following key sectors:

• Manufacturing – with a focus on processed food and beverage manufacturing; metal manufacturing; and machinery and equipment manufacturing including biomedical and medical devices, renewable energy technology, and defence equipment.
• Professional Services - focused on finance and insurance; legal and regulatory services; and engineering services.
• The Digital Economy - focused on digital content and applications; information services and analytics; and smart networks and intelligent technologies.
• Tourism and Events – with a focus on developing a tourism and events strategy to double tourism expenditure to NSW by 2020.
• International Education & Research – focused on education exports, innovation in education delivery, and developing and enhancing NSW’s international education, research and industry precincts.

The Industry Action Plans, due for release in 2012, will:

• Outline a vision and 10 year development strategy for each industry, with immediate priorities to be addressed in 2012
• Identify drivers for, and barriers to, growth and innovation, including those caused by government practices
• Detail a program and mechanisms for government and industry to encourage sector growth, competitiveness and innovation; and
• Contain key performance indicators including clear timetables and benchmarks to monitor progress.

Updates on the Industry Action Plan process will be provided through email to registered participants as well as online at www.business.nsw.gov.au and social media using the Twitter hashtag #iapnsw and the Facebook page www.facebook.com/NSWBusiness