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Actions for Volume Nine 2012 focusing on Education and Communities
In New South Wales in 2011, around 20 per cent of public school teachers were under 35 and less than 10 per cent were under 30. Nothing has changed during 2012. We need to do more to attract and retain young teachers to a profession that is essential for our children and our future prosperity.
Actions for Volume Six 2012 focusing on Environment, Water and Regional Infrastructure
Last year it was reported that the cost to remediate contaminated sites in New South Wales is largely unknown and that remains the case today. It is noted that this is unlikely to change because parties responsible for contaminated sites can choose not to provide remediation costs, for sites regulated by EPA. The complexity and uniqueness of each contaminated site adds to the difficulty of accurately estimating costs.
Actions for Volume Five 2012 focusing on superannuation, compensation and housing
The NSW Government’s defined benefit superannuation funds have had positive returns for the last three years. However, the returns fell significantly in 2011-12. Global economic conditions led to substantial volatility and uncertainty in markets creating challenges for superannuation funds’ trustees.