NSW Government: Committed to addressing the challenges posed by demographic trends

The NSW Deputy Premier, the Hon. Andrew Stoner MP, delivered the following opening address at Global Access Partners’ National Economic Review 2011: Australia’s Annual Growth Summit on Friday 16 September 2011.

As Australia’s largest and most diverse economy, home to 32% of the country’s population, New South Wales should play a role in any national debate on the subject of growth.

The NSW economy is larger than many national economies in the Asia Pacific, including Singapore, Malaysia and the Philippines, and our workforce is 3.5 million strong.

Sydney — the business hub of Australia — accounts for almost one quarter of Australia’s total annual output of goods and services.