Investment Delivery Authority to turbocharge | Australian Markets

NSW is set to secure our place as a world hub for innovation and investment with the creation of the Minns Labor Government’s Investment Delivery Authority and practically $80 million in innovation funding as half of the 2025-26 Budget.

The Government’s third Budget places investment, productiveness and financial growth entrance and centre, delivering reforms that can make NSW an enticing place to invest and begin a business, and securing the longer term of our state.

Investment Delivery Authority to entice and speed up main investment

The Minns Labor Government is investing $17.7 million within the 2025-26 Budget to set up and assist the work of an Investment Delivery Authority.

Modelled after the profitable Housing Delivery Authority, the Investment Delivery Authority will speed up approvals for main initiatives throughout all industries, together with superior applied sciences and vitality.

Businesses have stated that making main investments in NSW is simply too complicated and too time consuming, which is slowing down productiveness.

The Investment Delivery Authority will handle this by serving to cut via purple tape, coordinate throughout authorities, and encourage investment.

It is anticipated to help round 30 massive initiatives per yr, bringing ahead up to $50 billion of investment annually.

It will present advice on how best to navigate the planning system whereas evaluating initiatives for fast-track evaluation and coordinating the required infrastructure to ship them.

The Investment Delivery Authority may even give you the chance to establish reforms to take away hurdles for personal investment, and offer authorities help to assist a proponent if their project is chosen.

This makes it simpler for companies to invest, construct and create jobs in NSW.

The Investment Delivery Authority will settle for expressions of curiosity from eligible home and worldwide investment initiatives valued over $1 billion and can come into impact within the 2025-26 financial yr.

A multi-agency Investment Taskforce, in Investment NSW below the Premier’s Department, will assist the Authority’s work.

The Investment Delivery Authority will comprise Premier’s Department Secretary Simon Draper, Treasury Secretary Michael Coutts-Trotter, Department of Planning, Housing and Infrastructure Secretary Kiersten Fishburn, and Infrastructure NSW Chief Executive Tom Gellibrand.

It will make suggestions to the Treasurer, the Minister for Planning and Public Spaces, and the Minister for Industry and Trade.

Eligible initiatives should be in a position to start development rapidly and aligned with NSW Government priorities, as set out in insurance policies together with the NSW Industry Policy and Trade & Investment Strategy.

The Authority won’t be restricted to a particular industry or sector. Major initiatives in a position to be thought of might embody lodges, knowledge centres, renewable vitality initiatives, and industrial developments.

Innovation Blueprint: Growing the financial system via investment to secure NSW’s future
The Minns Labor Government is working to cement NSW as a world hub for innovation and technology via the lately launched Innovation Blueprint.

The 2025-26 Budget contains practically $80 million of new funding to ship the Innovation Blueprint, which can set up NSW because the best place to innovate, join with buyers, and scale a business.

With NSW accounting for 65 per cent of the nation’s enterprise capital investment in 2024, and being home to 5 out of eight Australian unicorn firms (privately held firms valued at over $1 billion), the state is already a recognised chief in driving financial growth via innovation.

The funding bundle for the Innovation Blueprint will promote more world success tales like Afterpay, Atlassian and Canva within the years forward via the next groundbreaking initiatives:

•$38.5 million to turbocharge Tech Central, Australia’s largest technology and innovation hub.
•$20 million for Emerging Technology Commercialisation to drive growth and productiveness in key areas corresponding to Housing and Energy.
•$6 million to prolong the present Minimum Viable Products Ventures program to assist more startups on the early phases of development.
•$6 million to assist manufacturing companies to undertake progressive applied sciences.
•$4 million to promote housing construction via the Housing Innovation Network and the Innovation in Construction Fund.
•$4 million to assist tech founder range by offering coaching packages for feminine founders and our future tech leaders residing and dealing in Western Sydney and regional NSW.
•$700,000 to prolong the operation of National Space Industry Hub.

Premier of NSW, Chris Minns stated:

“The reality is main initiatives from the personal sector are getting bogged down in purple tape, which is making it more durable to do business in NSW after we needs to be doing all the things we are able to to get issues transferring.

“Our state is open for business and this change will encourage more people to convey their best concepts to life in NSW, all backed by our authorities.

“We’ve made great progress with the Housing Delivery Authority. This reform is a big signal that NSW is not just open for business—it’s serious about being a global leader in innovation, industry, and investment.”

Treasurer of NSW, Daniel Mookhey stated:

“We have listened to what we’re being informed, loud and clear: all the things in NSW is superior, apart from how long it takes to get main initiatives finished.

“We are creating a method to handle the blockages, velocity up the method and guarantee NSW is correctly open for business.

“The Investment Delivery Authority is the turbocharger to drive economic growth across the state.”

Minister for Planning and Public Spaces, Paul Scully stated:

“Lifting productiveness growth is a crucial difficulty for NSW and we recognise the challenges companies and buyers face when it comes to bringing their initiatives to life.

“The Investment Delivery Authority, supported by the Investment Taskforce, will identify and clear barriers that businesses may face, while advising on reforms that promote investment, competition and productivity in NSW.”

Minister for Innovation, Science and Technology Anoulack Chanthivong stated:

“With this practically $80 million of funding, we are going to guarantee we nurture, grow, and assist the subsequent Afterpay, Atlassian, and Canva from the early phases via probably the most susceptible durations of a startup’s life cycle – notably simply earlier than the bounce to commercialisation.

“The funding bundle will permit Tech Central – the biggest tech innovation ecosystem within the nation – to flourish as a melting pot for groundbreaking innovation, analysis, and life-style.

“We also understand that the best and brightest tech ideas aren’t just born in the inner city of Sydney, so we are providing startup support to our future tech superstars right across the state.”

Author of Pounder Review and Former Chair of the Tech Council of Australia, Kate Pounder stated:

“This vital investment in innovation will cement NSW as a world chief within the tech sector.

“Most hearteningly, this money will also go where it is needed most – to female founders, and those from diverse cultures and backgrounds, as well as our budding tech giants living and working in Western Sydney and regional NSW.”

CEO of Business NSW, Daniel Hunter stated:

“This is a game-changing step ahead for New South Wales.

“With a clear plan to streamline approvals and coordinate authorities businesses, the new Investment Delivery Authority is strictly what NSW wants to flip ambition into motion.

“Coupled with the Innovation Blueprint and nearly $80 million in new funding, this initiative will help transform breakthrough ideas into global enterprises—fostering the next Atlassian or Canva right here in our backyard.”

CEO & Managing Director of NEXTDC, Craig Scroggie stated:

“In at this time’s geopolitical setting, trust and sovereignty are financial belongings. As a Five Eyes nation, Australia is uniquely positioned to lead the subsequent industrial period, and New South Wales is stepping up to that position. The Investment Delivery Authority is about execution. It displays a deep understanding of the 5 pillars now shaping world AI infrastructure: velocity, scale, security, sustainability, and sovereignty.

“Speed and scale are the new currency of world management. The Authority creates a sooner path from planning to execution – lowering friction, aligning authorities, and offering the regulatory certainty personal capital requires. NEXTDC has over $15 billion in AI infrastructure initiatives deliberate throughout NSW – together with AI factories, high-density knowledge centres, and mission-critical operations centres. This reform permits us to construct the digital spine of the longer term – sooner, and at world scale.

“AI infrastructure has outgrown traditional planning systems. These aren’t just data centres – they’re sovereign-scale assets designed to power the AI era. Conventional frameworks are now facing first-of-a-kind scale challenges. This reform clears the path for accelerated approvals and long-term certainty – unlocking the investment required to deliver national capability and positioning NSW as a global destination for next-generation digital infrastructure.”

Managing Director, Corporate and International, AirTrunk, Carly Wishart stated:

“Streamlining planning and approval processes for development permits and energy allocation is crucial if Australia is to capitalise on the info centre growth alternative and turn into a good financial system.

If Australia is to be a main digital financial system and construct its own artificial intelligence functionality, then it will need to have the required digital infrastructure and renewable vitality needed to assist it.

AirTrunk welcomes the NSW Minns Government announcement in recognising that the race to construct AI infrastructure is a world one and velocity to construct is the crucial issue. We look ahead to working with the Investment Delivery Authority to hasten planning processes, guaranteeing that NSW and Australia get the productiveness boosting advantages of AI.”

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