Friday, 18 September 2009

Parramatta. Technology company relocates

Forensic information technology company, Advent 7, has relocated from Lane Cove to the Parramatta CBD. The company, which provides protective services against cybercrime, has performed a wide range of forensic information collection and analysis for government, major banks and other financial institutions, as well as commerce and utilities. It has a turnover of over $12 million and employs 11 people. The company has become the 350th member of the NSW Government’s Western Sydney Information Technology Cluster (WSITC), based in Parramatta.

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Bonnyrigg. New housing and artworks

The Newleaf Bonnyrigg public-private partnership has released its first 56 new homes for sale, in the Bonnyrigg public housing estate, under a 30-year agreement with Housing NSW. Partners Becton Corp, Westpac Banking Corp, Spotless Group and St George Community Housing will replace the existing 833 public dwellings with new homes and develop 1500 private dwellings over the next 12 years, according to The Australian Financial Review. Elsewhere, the Parramatta-based ICE entity, as part of its commitment to the project is inviting artists to contribute to public art projects in stage 1 of the redevelopment of the estate.

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Ryde. Good news in the pipeline

Broker, JP Morgan said the engineering services company AJ Lucas Group’s earnings could grow over the next few years as the demand for coal seam drilling services and pipelines increases. The company’s investment in Queensland coal seam gas also has a potential upside.

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Region. $33 million for fish project

The NSW Government has allocated $33 million to one of the largest rehabilitation projects ever to be undertaken on a coastal stream, in NSW, which is aimed at restoring fish migration and reinstating environmental flows, in the Nepean-Hawkesbury river system. It involves tagging hundreds of fish and building of 13 new fishways, expected to be completed by the end of 2010

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