More than 60 local businesses, government and industry representatives gathered today (Friday, 23 May) to explore opportunities to grow Penrith City's 24-hour economy.
Penrith Mayor Todd Carney said he was thrilled with the success of the Business Forum.
"The purpose of the forum was to allow businesses from across the 24-hour economy sector to provide their feedback on the OPEN: Penrith and St Marys 24-hour Economy Strategy, which is currently on public exhibition," Cr Carney said.
"The forum provided valuable insights from the business community regarding the ways in which we can make our City centres just as vibrant, productive and diverse in the night-time, as they are throughout the day."
The NSW 24-Hour Economy Commissioner, Michael Rodrigues was the keynote speaker at the forum where he analysed the trends and opportunities in the sector and how businesses can leverage the programs that the NSW Government has introduced to enhance the NSW 24-Hour Economy.
"I warmly welcome this milestone for Penrith and St Marys. NSW is the only state in Australia with a strategy for a 24-hour economy, and this is a strong signal to businesses and the local community that Penrith and St Marys are setting their ambitions high as well," said Michael Rodrigues, 24-Hour Economy Commissioner.
"We've already worked with a number of businesses in the LGA, but we're keen to broaden that engagement and work closely with Council to unlock the potential of a 24-hour economy, which is especially timely in the context of the new airport."
Penrith and St Marys are undergoing rapid and significant change, influenced by major projects including the Western Sydney International (Nancy-Bird Walton) Airport and the Sydney Metro - Western Sydney Airport line.
"This change will propel visitation to our city centres by day and by night, generating a significant demand for an improved 24-hour economy," said Cr Carney.
"Our vision for the Penrith City Centre is to become the night-time destination of choice in Western Sydney, while our vision for the St Marys Town Centre is to grow the late night economy with an evolving hospitality and service offering.
"I encourage businesses to continue to have their say on the Strategy, as it is vital that we work together for the future of Penrith."
OPEN: Penrith and St Marys 24-hour Economy Strategy 2025-2029 is on public exhibition until 13 June 2025. Have Your Say at yoursaypenrith.com.au/24houreconomystrategy.
