NSW Industry & Investment
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March 2006 > EXPAND ALL ARTICLES
DSI buys Albury manufacturing plant

Minister for Regional Development David Campbell and NSW Premier Morris Iemma meet staff at the DSI plant in AlburyNSW Government support for the purchase of ION Automotive Systems in Albury has secured the jobs of more than 500 workers at the manufacturing plant.

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Sensation Yachts sails into Newcastle

Sensation Yachts, a New Zealand super-yacht builder, has signed a 20-year lease with Newcastle Port Corporation, adding to the Hunter’s standing as a boat building centre of excellence.

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Big jump in new developments in Western Sydney

Research by international Commercial Real Estate firm, CB Richard Ellis, says the recently opened M7 expressway is a major driver behind a 58 per cent jump in new developments in Western Sydney over the past six months.

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London 2012 Olympic officials look to NSW expertise

Inspecting Sydney's Olympic facilities are (l to r) Sydney Olympic Park Authority Chairman David Richmond, London Organising Committee of the Olympic and Paralympic Games (LOCOG) Deputy Chairman Sir Keith Mills, LOCOG Chief Executive Paul Deighton, MI Associates Chief Executive Jim Sloman, and LOCOG Chairman Lord Sebastian Coe London 2012 Olympics officials have visited Sydney to learn from the experiences of the “best Games ever” in 2000.

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NSW Economic and Financial Statement

Premier Morris Iemma released an Economic and Financial Statement on February 23 that detailed a series of measures to promote investment and jobs growth in NSW.

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Home Based Business Week

Preparations are underway for the second Home-based Business Week due to start on May 1.

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Business summit looks at SME growth

One of Sydney’s largest business events of the year, the Sydney Chamber of Commerce-Visa SME Growth Summit, will be held on April 11 and 12 at the Sydney Convention and Exhibition Centre at Darling Harbour.

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April 1 deadline for retail lease cash bonds

Pet salon owner Angela Christou with Minister for Small Business David CampbellNSW retailers and their landlords are being urged to act now to beat an April 1 deadline on the lodgement of cash bonds under the State Government's new retail lease bond scheme.

The bond scheme will benefit both landlords and tenants by saving time, reducing disputes and providing security for retail lease cash bonds which will be held by the Government as an independent umpire.

Minister for Small Business David Campbell said the bond scheme was among improved measures introduced under recent amendments to the Retail Leases Act to make it easier for NSW retailers and landlords to do business.

"A range of new types of retail business, from internet cafes to nail bars and pet grooming salons, are now covered by the Act for the first time, ensuring they get the protections other retailers enjoy," he said.

"Improved disclosure rules will also make the rights of retailers and landlords clearer before they sign a lease, again making business easier."

Pet grooming salon owner Angela Christou, of Wagging Tails Professional Stylists in Petersham, welcomed the changes, including the bond scheme’s security and clearer rules about lease conditions and associated costs.

"It’s important that both retailers and landlords are clear about the full details of a shop lease up-front to avoid later misunderstandings, which can prove expensive and damaging to a small business," Ms Christou said.

It is a simple procedure to obtain and lodge your bond form. The best way is to email the NSW Government's Retail Tenancy Unit at rtu@business.nsw.gov.au stating the number of forms you need and your postal address.

Bond forms, which are free, can also be ordered by phoning the Retail Tenancy Unit on 1300 79 55 34. More information is available at www.retail.nsw.gov.au

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CeBIT Australia 2006 in May

A range of international business delegations are expected to atttend CeBIT Australia at Darling Harbour in Sydney from May 9 to 11.

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Innovation and technology news

Andrew Corporation, a leading US information communications technology company, has purchased the operations of Nortel Networks at the University of Wollongong.


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