The rosy future predicted for Parkes was given a major lift on Monday when Deputy Premier and Minister for Regional NSW John Barilaro announced a landmark Investment Attraction Package for Regional NSW. The package includes financial incentives targeted towards offsetting government levies and duties, such as payroll tax, and
relocation assistance to drive new jobs and investment in regional NSW.
The Deputy Premier said the package would transform regional NSW’s attractiveness to interstate and global businesses and make regions across the state even more competitive. “This is a massive boost for businesses and job seekers in regional NSW.”
The Investment Attraction Package includes a $20 million Regional Investment Attraction Fund for grants and interest free loans to offset government levies and duties to eligible businesses that want to invest and grow in regional NSW, which will lead to new jobs; Skills Relocation Assistance – $10 million in grants of up to $10,000 per eligible skilled worker to help meet the cost of moving from the city to the country; Investment concierge – supporting businesses investing in or moving to regional NSW, working with an appointed Regional Investment Coordinator to provide easy access to incentives, smooth the planning process, help lodge applications and liaise with government departments.