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Our principal stakeholders and <strong>the</strong>ir interests in <strong>Landcom</strong><br />

ORAN PARK<br />

Shareholder Ministers and Portfolio Minister<br />

<strong>Landcom</strong> has two Shareholder Ministers and a Portfolio<br />

Minister who oversee and direct our operations. The Portfolio<br />

Minister provides an annual statement of priorities for us <strong>to</strong><br />

achieve. The Shareholder Ministers review and endorse our<br />

financial and non-financial objectives through <strong>the</strong> annual<br />

Statement of Corporate Intent. These documents guide our<br />

actions in <strong>the</strong> short and medium terms.<br />

<strong>NSW</strong> Parliament<br />

We operate under legislation that requires us <strong>to</strong> table our<br />

Annual and Sustainability Report in Parliament each year for<br />

<strong>the</strong> information of both <strong>the</strong> Upper and Lower Houses.<br />

Property development industry<br />

For many of our projects we partner with developers<br />

and builders. These partnerships provide important<br />

development opportunities for <strong>the</strong> industry and allow us <strong>to</strong><br />

share our knowledge and experience so that <strong>the</strong> quality of<br />

development in New South Wales, particularly in relation <strong>to</strong><br />

sustainability, is continually improved. They also enable us <strong>to</strong><br />

represent <strong>the</strong> industry’s views if we’re invited <strong>to</strong> comment on<br />

emerging government policy initiatives.<br />

<strong>Government</strong> agencies<br />

<strong>Government</strong> agencies are important regula<strong>to</strong>rs of our<br />

activities. As well as this, we use surplus government land in<br />

some of our projects, and we provide property advice and<br />

services <strong>to</strong> government agencies <strong>to</strong> help <strong>the</strong>m manage <strong>the</strong>ir<br />

land.<br />

Infrastructure/utility providers<br />

<strong>Government</strong> infrastructure and utility providers are also<br />

regula<strong>to</strong>rs of our activities. The engagement is two-way, since<br />

we also undertake capital works on <strong>the</strong>ir behalf <strong>to</strong> help <strong>the</strong>m<br />

roll out infrastructure <strong>to</strong> developing areas.<br />

Local councils<br />

Councils are <strong>the</strong> primary regula<strong>to</strong>rs of our development<br />

activities and, in some instances, <strong>the</strong>ir land may be involved<br />

in our developments. Local councils are also <strong>the</strong> recipients<br />

of <strong>the</strong> public assets we provide in our developments, such as<br />

parks, bushland reserves, community buildings and roads.<br />

Industry groups<br />

We regularly share our knowledge and experience with<br />

industry groups <strong>to</strong> improve development in New South<br />

Wales. We do this by supporting industry forums, entering<br />

in<strong>to</strong> discussions and debates that emphasise sustainability<br />

and excellence in development, and by submitting our<br />

projects <strong>to</strong> industry scrutiny through annual awards processes<br />

and regular project reviews.<br />

Local communities<br />

We consult widely with <strong>the</strong> communities in which we operate<br />

and initiate community consultation processes in <strong>the</strong> planning<br />

and delivery of all our projects. Community input is sought<br />

particularly when we set <strong>the</strong> strategic direction for our<br />

projects. We often refer back <strong>to</strong> <strong>the</strong>se communities at various<br />

stages in <strong>the</strong> delivery of our projects.<br />

The residents in our projects<br />

Our residents are <strong>the</strong> people who choose <strong>to</strong> invest in <strong>the</strong> new<br />

developments we create. We develop social capital among<br />

new residents by introducing programs and communitybuilding<br />

initiatives and often continue funding <strong>the</strong>m after our<br />

role in <strong>the</strong> development has ended.<br />

30<br />

landcom annual report 2011<br />

DIVERSECITY CONFERENCE 2011

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