TREASURER SHOWCASES NSW INFRASTRUCTURE STRATEGY IN USA

NSW Treasurer Dominic Perrottet is on an official visit to the United States to explore trade and investment opportunities, promote NSW’s successful asset recycling strategy, and gain an insight into the tax and regulatory reforms spurring growth in the US.

During his six-day visit, Mr Perrottet will attend meetings in New York, Washington DC and San Francisco, accompanied by NSW Treasury Secretary Michael Pratt and Chief Executive of NSW Treasury Corporation David Deverall.

Mr Perrottet will meet with a range of policy, community and business organisations including the US House Transportation and Infrastructure Committee, ratings agencies Moody’s and Standard & Poor’s, social impact certifier B Lab, and investment banks Blackrock, Lazard’s and JP Morgan.

He will also give a seminar to Stanford University’s Global Projects Centre and address a trade and investment event hosted by Commonwealth Bank and AusTrade, sharing insights into how asset recycling has helped NSW embark on a record program of infrastructure building. “As the NSW Government’s record infrastructure program continues to spur our economy to greater heights, this trade mission provides a platform to showcase NSW as an attractive destination for businesses to invest and create jobs,” Mr Perrottet said.

“One of the keys to NSW’s recent success has been our Government’s world-leading asset recycling strategy, and that’s something US policy-makers are keen to learn more about as they face their own infrastructure and budgetary challenges.

“This is also a great opportunity to get an up-close look at the regulatory and tax reforms that are turbo-charging the US economy and creating new opportunities for workers and businesses, and to bring those insights back to NSW.”