Business Improvement Districts in New South Wales
The NSW Government is proposing new policy to make it easier for Business Improvement Districts (BIDs) to be set up in NSW.
Transport’s Cities and Active Transport Division is investigating policy options to make it easier for BIDs to be rolled out in NSW. This forms part of the NSW Government’s ongoing efforts to support the revitalisation of business areas following the Covid-19 pandemic.
A BID is a partnership between local government and business. Within a BID, business, government, and the community all work together for a common goal of improving our local spaces. We are looking at BIDs as a way to enhance the local trading environment, encourage economic growth and foster community collaboration.
A White Paper has been drafted which outlines policy options the NSW Government is investigating to support BIDs in NSW. The White Paper includes international case studies showing how BIDs have contributed to place revitalisation in communities around the world.
The White Paper includes a number of questions that you can respond to using the link below.
For more information download the White Paper (PDF, 1.49 MB).
A background paper prepared by the Business of Cities for Transport for NSW on BIDs is also downloadable below. This provides further context and background on BIDs from a global perspective.
Have your say
An important part of the journey to making it easier for BIDs to be set up in NSW is to gather feedback from our stakeholders and community through a survey. Your responses to this survey will help inform our approach to BIDs policy, including future engagement, collaboration and co-design activities.
Please take the time to share your thoughts on the proposed introduction of BIDs in NSW.
Frequently asked questions
What is a BID?
A Business Improvement District (BID) is a partnership between local government and business. BIDs provide a platform for government, business and the community to work together for a common goal of improving our local spaces.
Why are BIDs being proposed?
BIDs can help enhance the local trading environment, encourage economic growth, and deliver civic pride. BIDs are one of the ways that the community and business can come together to improve local places. We are proposing new policy to make it easier for BIDs to happen where local businesses and the community think they would be useful.
What organisations/individuals can be included in a BID?
A BID is specific to a defined local area. Once established, government, business and the community work collaboratively to determine what the BID will set out to deliver, and how it will do so.
Will participation be compulsory for businesses where BIDs are implemented?
We are currently exploring the best policy options for NSW to ensure that BIDs only occur where they are supported by the businesses and properties. In most jurisdictions this involves a voting process with a clear majority of businesses and properties supporting the BID and any new levies. What’s the process from here?
We are seeking feedback on the issues and opportunities raised in the White Paper. In particular, the NSW Government is exploring new legislation and regulations to make it easier to set up BIDs.
I’m interested, who can I contact about starting a BID in my local district?
Contact us for more information.