Region. Rental vacancy rates

The rental property vacancy rate in suburbs more than 25 kilometres from the Sydney CBD rose 0.2 per cent to 1.4 per cent in April. The rate for suburbs within a 10-kilometre radius of the CBD fell 0.2 per cent to 0.9 per cent. Overall the Sydney rental vacancy rate covering all areas of the city rose 0.1 per cent to 1.2 per cent,.data from the REINSW shows.

Region. Government to conduct council audits

The NSW government will conduct a council by council audit to identify the local infrastructure backlog in communities across NSW. “The NSW Government is determined to foster a strong relationship with local government to deliver infrastructure and services to people in NSW,” Premier Barry O’Farrell, said. “The findings of the audit will assist the NSW Government in identifying precisely where the state’s infrastructure needs lie – and we will work with councils to deliver on those needs for local communities.”

Region. New CEO of Goodman Fielder

The recent boss of Arnott’s, Chris Delany, will take up the position of chief executive, of Goodman Fielder, at North Ryde, on a four-year contract from July1. Mr Delany spent the past 17 months running operations in Australia, New Zealand and Asia, of Arnott’s owners, the Campbell Soup Co. Mr Delany, an American, decided to remain in Australia for family reasons.