Dominic Perrottet MP
Minister for Finance and Services

Government Move To Save Taxpayer Dollars Underway

NSW Finance and Services Minister Dominic Perrottet today announced the relocation of government offices from Governor Macquarie Tower (GMT) to cheaper accommodation at 52 Martin Place is now underway.

“This Government has followed through on its 2011 election commitment to relocate the Premier and Cabinet to more cost-effective accommodation,” Mr Perrottet said.

“The existing lease at GMT is due to expire in December 2014 and the affected parties are moving into more affordable accommodation where a long-term lease is already in place.

Mr Perrottet, one of the first NSW Government Ministers to shift to the new offices, said the move was good news for taxpayers with estimated net savings of $90 million over the next 12 years.

“Making the best possible use of office space forms part of the Baird government’s plans to drive efficiencies up and costs down,” he said.

“We believe that taxpayer dollars are better spent on front line services and infrastructure.”

The new office space will house the Department of Premier and Cabinet, NSW Treasury and the NSW Ministry, including support staff.

As part of the relocation, agency staff from the Department of Premier and Cabinet and NSW Treasury will adopt activity-based working, where staff can adapt their work environment depending on the work activity being undertaken.

“The new fit-out integrates customised space, people, and technology solutions including technology resources to support a mobile and collaborative workplace,” said Mr Perrottet. “The combination of new practices and purpose built facilities at the new location is expected to deliver greater utilisation and operational benefits for the agencies.”

Brett Newman from Government Property New South Wales said the savings were coming from a variety of areas.

“We have reduced Ministerial office space through smarter use of space,” he said. “Other savings have come from paper reduction, storage initiatives and re-using office furniture, with post-occupation savings also anticipated.”

“The Government continues to look at ways to the get best value for our property spend.”

NSW Public Works is supervising the relocation and fit-out of more than 20 floors of office space at 52 Martin Place that will eventually accommodate more than 1,250 staff. 

Approximately 25-30 staff have already relocated to the new premises at 52 Martin Place.

Relocation of Ministry staff will commence this weekend, with the majority due to relocate over the coming weeks.