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Parramatta’s role as the capital of Western Sydney is crucial to the continued success and sustainability of Greater Sydney as a global economic player. Parramatta’s vision is to be a smart, liveable, profitable and well-connected city in order to sustain the expected growth and vitality of the Greater Western Sydney region.
Greater Western Sydney is the third largest economic zone in Australia and generated $60 billion in Gross Regional Product (GRP) in 2009-2010 – almost 1/4 of the NSW economy. It has over 153,000 businesses and is home to 34% of the Sydney workforce, which will increase to 39% by 2036.
Parramatta city is a focal point of the NSW Government’s Metropolitan Plan with its spurring growth and increasing attraction of private sector investment.
Business and Economy News
- Sydney's west a property hotspot
From fibros to McMansions Sydney's western suburbs are thriving.
17 Feb 2012 - Coleman Greig Parramatta recognised in BRW Client Choice Awards
Coleman Greig Parramatta has been named finalist in BRW Client Choice Awards
The BRW Client Choice Awards are one of the most prestigious recognition programs for professional services firms in Australia and they are being recognised alongside a number of other prominent firms...
14 Feb 2012 - Sydney's top chefs have a growing appetite for Parramatta
High-end chefs are planning on heading out to Parramatta to meet the demand for fine dining. Great spotlight on Parramatta by Seven News.
10 Feb 2012 - Demand Bolsters North-West
Parramatta and North Ryde are experiencing better office market conditions, thanks to lower supply and a rise in demand by federal and state government departments.
10 Feb 2012 - Fairfield City Council Backs Light Rail
Fairfield Council has backed calls by Parramatta Council for the state government to include the region in any expansion of its light rail network.
27 Jan 2012 - Mayor pushes Macquarie Park light rail
A LIGHT Rail-Metro network servicing Carlingford, Eastwood, Macquarie University and Macquarie Park has been proposed by Parramatta Lord Mayor Lorraine Wearne.
25 Jan 2012 - Liverpool Council Supports our Transport Solution
Liverpool Council has backed calls from Parramatta Council for the state government to include western Sydney in any expansion of its light rail network.
24 Jan 2012 - Tram push for Western Sydney
Parramatta City Council is pushing to be included in any New South Wales Government plans to expand Sydney's light rail network.
12 Jan 2012 - Light rail proposed for western Sydney
Parramatta Lord Mayor, Cr Lorraine Wearne, is encouraged by the State Government’s positive response to the development of a light-rail network in Sydney and calls for it to be expanded as part of a solution to Western Sydney's transport problems.
12 Jan 2012 - Grubby hub could yet be urban butterfly
"Parramatta has good bones... It's a built diagram of access, choice and desire."
02 Dec 2011 - Murmurs in the west
The completion of a sizeable building in Parramatta next year is likely to be the forerunner to more development in the city because of strong tenant demand and consistent positive net absorption.
29 Nov 2011 - Report prepared by Ernst & Young for Parramatta City Council: "Solving Sydney's Growth Dilemma"
A vigorous policy debate is underway in Australia on the sustainability of future population growth. At the centre of this debate is the productivity and capacity of Australia's largest city, Sydney.
18 Nov 2011 - Economic Development Strategy Adopted
To advance a 25 year economic development vision for Parramatta, Council has adopted Economic Development Strategy, which is a strategic plan for assisting jobs growth.
14 Nov 2011 - Parramatta office tower on the market for about $50 million
The Century Centre in the Parramatta CBD has been listed for sale for the first time on behalf of private developer Capital Corporation, which is seeking about $50 million for the 12-storey A-grade office building.
25 Oct 2011 - Plans to make west the best
People choose to live in western Sydney and Premier Barry O'Farrell intends to deliver the jobs, the public transport and the infrastructure to make them even happier.
19 Oct 2011 - Parramatta City Centre Car Parking Strategy
A Car Parking Strategy, with the objective of better utilising and managing the existing car parking facilities within Parramatta city centre has recently been adopted by Council.
07 Oct 2011 - IBM's Smarter City Initiative: Parramatta
The Lord Mayor, CEO of Parramatta and IBM’s Global Smart City Initiative are hosting an exclusive two-day Innovation Discovery Workshop.
06 Oct 2011 - Tickets now on sale for WSABE Gala Evening - 13 October 2011
Join us and support the Amazing Business people of Western Sydney. Be inspired by this region's truly Amazing Business Stories! Everyone is welcome to attend this prestigious Gala Event.
06 Oct 2011 - Parramatta a property investor hot spot
The latest edition of Australian Property Investor magazine has named Parramatta as an investment hot spot.
26 Jul 2011 - Barry O'Farrell offers Julia Gillard a rail switch
As negotiations continue over the state-backed $7 billion North West Rail Link and the Gillard-backed $3 billion Epping to Parramatta project, Mr O'Farrell suggested Ms Gillard fund the southwest link, which would serve Labor electorates.
08 Jul 2011 - Secret's out: Parramatta's the place to see
Parramatta has landed at the top of a list of locations as judged by tourists to Sydney.
06 Jul 2011 - Lights, camera, action: Parrawood on centre stage
The Sydney Morning Herald’s Rachel Olding says that Parramatta, Sydney‘s second central business district is attracting a growing number of producers who are choosing to take their business out west.
27 Jun 2011 - 2011 State of the Region Address
Tickets are selling fast for The Hon Barry O’Farrell’s State of the Region Address. Come and hear about what the State Government has planned for Western Sydney.
24 Jun 2011 - Cutting-edge ideas set to transform Parramatta
"Venice-like’ islands along Parramatta River, laneway jetties and rooftop gardens were among the top concepts announced during the judging of the 2011 Ideas on Edge Competition.
24 Jun 2011 - East Coast Fast Rail
TheFederal Government are currently undertaking a feasibility study into an East Coast High Speed Rail network between Melbourne, Sydney and Brisbane, focusing on Sydney to Newcastle as a possible first stage. read more
13 May 2011 - State of the City 2011
Businesses across the City are invited to attend this year’s State of the City Address, held at the Sebel Ballroom, Friday 29 April, between 12:30pm and 2:30pm.
11 May 2011 - A Sustainable Model for Rail Development in Sydney
Council is calling for the consideration of its rail models to alleviate congestion and help solve Sydney's public transport problems
10 May 2011 - Parramatta Business Expo
The 2011 Parramatta Business Expo will provide over 70 exhibition tables with many Business Development Workshops and an outstanding post networking cocktail function. With over 400 attendees in 2010.
10 May 2011
25 May 2011 Parramatta Leagues Club, 13-15 O'Connell Street Parramatta - Budget Briefing 2011
Western Sydney Business Connection have organised this authoritative and precise overview of the 2011 Federal Budget with Craig James, Chief Economist, CommBank.
10 May 2011
11 May 2011 Park Royal Hotel Parramatta, 30 Phillip Street Parramatta