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Norwest Business Park. Norwest Business Park.

Value of Hills to national economy jumps $500M

THE value added to the Australian economy by Sydney Hills businesses has risen by $500 million in the last 12 months according to economic modelling figures released by Compelling Economics.

Local businesses added an estimated $7.6 billion to the Australian economy in 2013, up on the $7.1 billion added in 2012.

The data released also underlines the growing status of Norwest Business Park as the capital of professional, technical and scientific services in Sydney’s West, said . Hills Shire Mayor Dr Michelle Byrne.

Dr Byrne said that Norwest Business Park was becoming a major player on the national stage.

“This data tells us that we employ more lawyers, accountants, architects, engineers, researchers, IT professionals and advertising agents than any other western Sydney employment centre,” Mayor Byrne said.

“This shows that big and small businesses are increasingly seeing the value of setting up shop in Norwest. This shows that there are plenty of local jobs out there for our residents, saving them the long trip to the city.”

“This data also shows the enormous contribution our businesses make to the Australian economy, adding $7.6 billion worth of value in 2013. That’s a big jump on the $7.1 billion worth of value added in 2012.”

“The North West Rail Link won’t just get our residents to jobs in the CBD, but it will open up places like Rouse Hill, Kellyville, Norwest and Castle Hill to a wider pool of employees.”



editor

Publisher
Michael Walls
michael@accessnews.com.au
0407 783 413

Access News is a print and digital media publisher established over 15 years and based in Western Sydney, Australia. Our newspaper titles include the flagship publication, Western Sydney Express, which is a trusted source of information and for hundreds of thousands of decision makers, businesspeople and residents looking for insights into the people, projects, opportunities and networks that shape Australia's fastest growing region - Greater Western Sydney.