When assessing State significant projects, potential economic benefits such as employment generation and investment in local goods and services should be considered. Additionally, potential negative economic outcomes, including increased demands on Council infrastructure and the flow on effects associated with construction, are also taken into account.
Where relevant, the following policies and guidance should be considered when assessing economic impacts.
NSW Government 24-Hour Economy Strategy
This strategy recognises the collaborative and coordinated effort between NSW government, local councils, industry, and communities in building a vibrant, diverse, inclusive, and safe 24-hour economy across the Six-Cities region. Its built around key strategic pillars to provide more integrated planning and place-making, encourage diversification of night-time activities, support industry and cultural economic development and
Guidelines for the Economic Assessment of Mining and Coal Seam Gas Proposals
These guidelines provide the standard required when assessing the economic benefits of State significant projects in the mining and coal seam gas industries. The guidelines establish the role that cost benefit analysis has within the assessment process in identifying the economic benefits of State significant projects when compared against a local effects analysis to highlight impacts on local communities.
Large Scale Solar Energy Guideline
The Large-Scale Solar Energy Guideline provides advice on the assessment of the economic impacts of large scale solar projects including the consideration of sharing the financial and other benefits of the project on local and regional communities.
View the Large -Scale Solar Energy Guideline
View information on the energy policy and assessment framework
Regional Economic Development Strategies
The NSW Government has supported local councils and communities across regional NSW to develop Regional Economic Development Strategies (REDS) for each of 38 Functional Economic Regions (FERs).
Regional Economic Development Strategies