Parramatta. 'Healthy return on investment'

Parramatta City Council's economic development team delivered around 30 projects in 2007-08 and leveraged or supported projects which had an overall total value of approximately $2 million, “giving a healthy return on our investment,” a report to council said. Council raises approximately $650,000 annually from a special levy on commercial properties. The team assisted in the relocation of approximately 2500 new employees, 10 additional new businesses for long-term unemployed. A survey of Western Sydney Business Connection businesses indicated that over 47 per cent intended to increase employment over the next year.