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$250m Jobs Plus plan announced to lure businesses to NSW

Maja Garaca Djurdjevic
Maja Garaca Djurdjevic
05 November 2020 1 minute readShare
Jobs Plus plan announced to lure businesses to NSW

The NSW Premier has announced a $250 million jobs program to lure domestic and international businesses to relocate their head offices to NSW or expand their jobs footprint in this state.

The Jobs Plus Program, which is part of the 2020–21 NSW budget, aims to create or support up to 25,000 jobs by 30 June 2022.

“The challenges NSW has faced as a result of the triple crises of drought, bushfires and COVID-19 have given us an opportunity to change our approach and refocus on creating jobs for the future,” Ms Berejiklian said.

“NSW is the nation’s economic powerhouse and Jobs Plus will entice top-performing companies from interstate and across the globe to NSW, and cements this state as the best place to do business in Australia.”

Under the Jobs Plus Program, the NSW government will provide support to businesses if they create at least 30 new net jobs. Support will include:

  • Payroll tax relief, up to a four-year period, for every new job created where a business has created at least 30 new net jobs
  • assistance with the NSW planning system, including fast-tracked planning approval pathways and advice, plus guidance on appropriate site selection to increase speed to market
  • Partnering to develop subsidised training programs in order to build specialised skills aimed at sustaining these new jobs into the future. This includes funding to develop and deliver bespoke skills programs which can be accessed by the wider NSW community
  • Providing enabling infrastructure such as building local roads, access to utilities and future-proofed digital infrastructure
  • Access to a one-stop-shop Jobs Plus Concierge Service in government to help businesses efficiently navigate and access government agencies and programs
  • Access to free or subsidised government spaces and accommodation

Treasurer Dominic Perrottet said the Jobs Plus Program will reduce the cost of establishment, financial risk and speed to market for businesses looking to scale and grow in NSW.

“This is a clear signal to the private sector that NSW is the best place to invest and grow your business,” Mr Perrottet said.

“We are backing private and non-government sectors seeking to invest in job-creating projects, proposals and partnerships by supporting them throughout the critical stages of business development.”

The Jobs Plus Program will commence 15 December 2020 and conclude on 30 June 2022.  

$250m Jobs Plus plan announced to lure businesses to NSW
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Maja Garaca Djurdjevic
Maja Garaca Djurdjevic

Maja Garaca Djurdjevic is the editor of My Business. 

Maja has a decade-long career in journalism across finance, business and politics. Now a well-versed reporter in the SME and accounting arena, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies and enabling citizens to influence decision-making.

You can email Maja on [email protected] 

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