The NSW Government has released a roadmap to reform the state’s freight sector, forecast to add 235,000 jobs and contribute an additional $131.5 billion to the economy by 2061.
The report, Delivering Freight Policy Reform in NSW, was led by Dr Kerry Schott AO and outlines a series of recommendations to support freight growth, integration and productivity.
Transport for NSW data shows freight currently contributes $74 billion to the state economy and supports 330,000 jobs. Under the roadmap, that figure is expected to grow significantly, with an average increase in gross value added of $1.6 billion annually through to 2061.
Minister for Transport John Graham said the sector’s efficiency is key to economic growth and everyday affordability.
“The movement of freight is fundamental to how we all live our lives, the cost we pay for imported goods and the competitiveness of NSW manufacturers and producers,” Graham said.
“The NSW Government is determined to enable the freight sector to reach its potential, which could mean adding a further $131.5 billion a year to the state’s economy and employing more than half a million people by 2061.”
The report recommends developing a freight master plan, boosting rail freight efficiency, and updating port policy to affirm Port Botany’s central role while removing government oversight from future terminal timing and location decisions.
It also supports the delivery of the Industrial Lands Action Plan and a recruitment campaign to address skills shortages in critical roles such as truck drivers, train drivers and seafarers.
“I am seeking further review of opportunities for increasing freight movement during off-peak periods, particularly through the night,” Graham added. “Any additional recommendations will be incorporated into this action plan.”
In response to industry feedback, the Government also clarified its position on the Willett Review into the Ports and Maritime Administration Act, accepting 14 of 21 recommendations and flagging six for further review. One recommendation – to engage NSW Ports as a PBLIS service provider – was not supported.
Graham confirmed an independent facilitator will be appointed to oversee industry consultation during the implementation process.