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“Sydney has the chance to sparkle again, following today’s announcement that the Premier is committed to transforming the State’s planning system,” said Tourism & Transport Forum Chief Executive Margy Osmond today.

“The government’s actions to address this crisis needs to be applauded.

“By taking the steps to implement major reforms, thousands of new jobs will be created, and the state’s economy will be supercharged.

“Operators will be more likely to entice international investors, telling them that Sydney is open for business and what a fantastic city it is to invest in.

“The industry is looking forward to seeing this new and simple planning process implemented and saying goodbye to red tape,” Ms Osmond said.