A $100 million fund will be used to search for a home for Sydney鈥檚 second film studio, with sites at Redfern and the Central Coast already being considered. The government also promises to reform the regulations around film and gaming production in NSW, which promises to triple the time productions can film on private land. The sector will also benefit from $280 million through the existing Made in NSW fund, which supports film and TV production.
Tech companies and start-ups
Maybe the biggest winners from the budget are the technology companies the treasurer is hoping to attract to NSW with the new Investment Delivery Authority, which will fast-track private investment projects valued at over $1 billion. Think data centres and renewable energy projects. TechCentral will get a $38.5 million injection, and there is funding to encourage women in tech and housing industry innovation through an $80 million 鈥淚nnovation Blueprint鈥.
Housing developers