A NSW Government website

The NSW Industry Development Framework

A structured approach to developing and evaluating ideas, and implementing policies that deliver more and better jobs, globally competitive industries, and a resilient economy.

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About the Framework

The Framework details how the NSW Government – working in partnership with the private sector, research institutions and other levels of government – will support the growth of priority industries.

Our vision is for increased prosperity through sustained economic growth. We will do this by creating: 

More and better jobs

Creating job opportunities and improving the quality of jobs by ensuring workforce skills develop and adjust readily to changing demands in the labour market.

Globally competitive industries

Industries that capture the global market share and grow their markets.

A resilient economy

An economy with a diverse industrial base and adaptable workforce that has greater capacity to respond to economic shocks and recover rapidly by reallocating resources to capture new growth opportunities.

Framework priorities

The Framework targets the industries and technologies most likely to deliver public benefits.

It builds on NSW's advantages to advance opportunities for faster economic growth and provide exciting opportunities for new, well-paid jobs and increased prosperity for all NSW citizens. 

Emerging industries

Emerging industries that generate significant positive spillover benefits for the broader economy and people of NSW are:

  • clean energy and waste
  • defence and aerospace
  • digital systems and software
  • medical and life sciences.

Existing industries

Existing industries with high trade exposure that are important in terms of their overall contribution to NSW Gross State Product (GSP) are:

  • international education
  • visitor economy
  • agriculture and agrifood
  • resources.

Core enabling technologies

The existing and emerging industries above will be the focus of interventions that accelerate growth by enhancing innovation and the uptake of core enabling technologies: 

  • advanced manufacturing
  • biotechnology
  • digital technology including fintech.

Focus precincts

The existing and emerging industries above will be the focus of interventions that encourage growth in focus precincts.