Region. New urban body

A centrepiece of the NSW Budget is the Building the State package, which includes the creation of Urbangrowth NSW – a new agency blending Landcom, based in Parramatta, and the Sydney Metropolitan Development Authority to drive urban renewal and land release, Urbangrowth NSW will integrate Landcom and the Sydney Metropolitan Development Authority as a new driver for housing and precinct delivery. The Budget also contains $75 million through the Sydney Region Development Fund to acquire land for regional open space and transport corridors. The government intends to have the new organisation up and running by mid July.