Finance, insurance, and business services

Home >
Invest in NSW >
Key Sectors >
Finance, insurance, and business services

Finance, insurance, and business services

Finance and business service companies choose Sydney because it is one of the best performing financial centres in Asia and offers an excellent regulatory environment.

How we assist finance and business services companies to invest

NSW Trade & Investment assists businesses that are contemplating significant new investment, whether establishing a new operation, relocating a business or expanding an existing business.

Services are delivered to businesses free-of-charge.

For finance and business service companies that are looking to enter the market, the Department can:

provide information on how New South Wales (NSW) benchmarks against other locations (local and international)
provide advice on how to set up a business in NSW, including advice on taxation and regulatory issues that affect the finance and business services sector
set up introductions with business networks
coordinate a market visit program for companies to visit Sydney.

For existing companies that are looking to grow, the Department can:

speed up business plans by providing tailored data on the local market
help shortlist sites in NSW that suit the requirements of the investment, with information on the costs and benefits of each location
provide advice on other support and incentives that may be available for the project.

For a full list of available services click here. Read more about finance and business services in NSW.

Online Financial Services Gateway

An online Financial Services Gateway offering international investors information about Australia's financial sector and the key agencies which regulate it is available at www.austrade.gov.au/gateway

Examples of finance and business services companies we have assisted

The Department has worked with many domestic and international companies such as Virgin Money Australia, Industrial and Commercial Bank of China and Union Bank of India.

Case study: Union Bank of India

The Union Bank of India chose Sydney for its Australian headquarters.

The Union Bank, based in Mumbai, is one of India's largest state-run banks, with assets of US$13.45 billion. The Union Bank was established by Mahatma Gandhi in 1919, has a branch network of more than 2,700 and has international offices in Hong Kong, Abu Dhabi and Shanghai.

The Bank's representative office is the first step in establishing branches in Australia.

NSW Trade & Investment worked with Austrade to assist the Union Bank to establish in Sydney. The Union Bank joins two other Indian banks already in Sydney – the Bank of Baroda and the State Bank of India.

Further information

NSW Growth Industry Profile - Professional Services
Information and statistics on the professional services sector in NSW.

NSW Growth Industry Profile - Funds Management
Information and statistics on the funds management sector in NSW.

NSW Growth Industry Profile - Financial Services
Information and statistics on the financial services sector in NSW.

Profiling Innovative NSW Technologies - Financial Services
A directory profiling 51 NSW companies that are delivering innovative technology solutions for the financial services sector.

Contact details

If you are contemplating a finance or business services investment in NSW, contact NSW Trade & Investment as the first step to find out what assistance is available.

Claire Pamenter
Senior Manager
Investment & Export Services
+61 (2) 9338 6953
claire.pamenter@business.nsw.gov.au