Westmead Innovation District

Within the space of less than forty years Westmead has grown from a dusty showground on the outskirts of Sydney to become Australia’s largest concentration of health, education and research facilities. In this short time Westmead has seen billions of dollars of investment by successive governments prioritising it as a place for public health and research investment. Along with private and non-Government sector investment, Westmead now provides over 18,000 specialised high value jobs.
Our region faces a staggering growth challenge over the next twenty years with more than one million new residents due to arrive. And the Westmead precinct will do more than just treat this expanded population. It will employ them. The Centre for Western Sydney has identified 318,086 people leave the region every day to access work. The industrial base of Western Sydney is being disrupted and changed by the growth of new industries that rely on highly skilled knowledge workers. The proposed Westmead Innovation District model  is well placed to generate these knowledge jobs.

To help promote the opportunities the Westmead precinct presents, the Westmead Alliance has commissioned Deloitte Access Economics to undertake new economic modelling to report and explore the contribution and impact that Westmead has on the national economy. This report breaks new ground; eleven institutions have come together to help realise the economic potential of health, education, research and business all operating within the Westmead Innovation District. The results are remarkable. This study details the current economic contribution to the Australian economy, a forecast for 2036 at current levels of investment and a potential Innovation District that would house 50,000 jobs and  make Westmead a true jobs engine for Western Sydney.

More than $3.4 billion of public and private investment has been committed to rebuild Westmead over the next decade. We have also identified a further $2.4 billion of projects required over the next decade to transform Westmead  into Western Sydney’s first true Innovation District by 2036. This report builds the case for more private investment and industry collaboration in the fields of bio-tech, med-tech, allied health and primary care. It makes clear recommendations around identifying land for redevelopment, resolving critical transport and infrastructure barriers, and a more enlightened planning vision that will help attract new talented workers to the precinct. On behalf of the Westmead Alliance, I invite you to join us  in delivering this additional $2.8 billion per annum of economic output to the NSW economy, and leveraging this investment further to secure Western Sydney as the knowledge jobs engine room of Australia.

David Borger

Western Sydney Director

David led the Sydney Business Chamber campaign in support of the Western Sydney Airport at Badgerys Creek including establishing the Western Sydney Airport Alliance. He has collaborated with chief executive officers, managing partners and Vice Chancellors to support campaigns like the Powerhouse Museum to Parramatta, the Westmead and Liverpool Innovation Districts, Sydney Olympic Park, Parramatta Light Rail and West Metro. Prior to this, he served as the Minister for Roads, Minister assisting the Minister for Transport and Roads in the NSW Labor Government, Minister for Housing, as well as Minister for Western Sydney.

Participating partners