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For Business
Since Sydney Harbour Foreshore Authority was established in 1999, it has returned more than $50 million in dividends to NSW Treasury. Our economic contribution to the NSW economy each year, comprising public benefits plus direct and indirect economic effects of our activities, is estimated at around $9 billion*.
We fund our own operations principally from rental and other property income. We use our income to provide around $21 million in community service obligations, $10 million on property/heritage capital works and other usual costs associated with being a property owner and manager, every year.
Businesses operating in our precincts provide employment for approximately 51,000 people* and generate an annual turnover in excess of $2.4 billion*.
*Source: Deloitte Economic Impact Study of SHFA, May 2001.
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