As Australia’s most dynamic regional economy, Regional NSW is a playground for prosperity, creating a wealth of opportunities for investment.
Not just important to those of us who live here, the strength of Regional NSW is increasingly important to our national economy, those living in our capital cities, and the international population who benefit from our exports. Supported by a committed NSW State Government, the establishment of businesses and growth of industry in regional locations is generating an exciting future.
Traditionally the landscape for agribusiness, manufacturing, and mining, the industries operating out of Regional NSW are rapidly diversifying. Professional and financial services have now found themselves taking off outside of the city, discovering a real need amongst the market in the broader state. Ranging from FinTech to legal, Regional NSW is having a substantial contribution to the success of Australia’s largest professional and financial services sector.
Here in our home base of Tamworth and up the road in Armidale, the University of New England’s (UNE) SMART Region Incubator (SRI) is a success in the professional services sector. The SRI takes a focus on the growth of economies and job creation in regional areas.
Startups and entrepreneurs from all industries can find support in the SRI in the form of mentoring, networking and training, to encourage their contribution to the economy of Regional NSW.
With a halt placed on international travel while the global pandemic endures, the tourism industry is set to bloom, attracting more and more visitors to regional areas. In response to the drought, initiatives such as Stay in the Bush began showcasing the hidden gems located in the countryside. Now, in response to the devastation of the tourism industry due to covid-19, organisations like Rediscover Australia and government initiatives are encouraging the exploration of Regional NSW in an effort to boost the tourism sector.
The numerous growth opportunities laying in wait in Regional NSW, provide overwhelming potential for new and established businesses in all industries. A continued investment in Regional Australia is key to the growth of these locations and economies.
Inland Technology is proud to be part of the evolution, and we are excited by the opportunity to work closely with more and more businesses growing our local economies.