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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