{ "entity_id": "S-NSW-066", "folder": "Landcom", "name": "Landcom", "type": "State-Owned Corporation", "jurisdiction": "NSW", "portfolio": "", "website": "https://www.landcom.com.au/", "data_status": "rich", "completeness": { "has_strategy_brief": true, "has_strategy_structured": true, "has_vision": false, "has_kpi_targets": true, "has_kpi_results": true, "has_strategy_overview": true, "has_legislation_text": true, "has_legislation_structured": false, "has_global_initiatives_text": false, "has_ideas": true, "has_artifacts": true, "n_ideas": 12, "n_legislation": 0, "n_artifacts": 12, "n_kpi_targets": 5, "n_kpi_results": 5, "n_outcomes": 3, "verified_own_data": true }, "strategy_profile": { "status": "published", "confidence": "high", "summary": "To make a positive difference to people’s lives in NSW by increasing the supply, affordability and diversity of housing and creating sustainable communities. [CP p.35]", "official_site_url": "https://www.landcom.com.au/", "source_documents": [ { "type": "annual_report", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "period": "2025", "confidence": "high" }, { "type": "annual_report", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf", "period": "2024", "confidence": "high" }, { "type": "annual_report", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf", "period": "2023", "confidence": "high" }, { "type": "annual_report", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf", "period": "2022", "confidence": "high" }, { "type": "annual_report", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf", "period": "2021", "confidence": "high" }, { "type": "strategie", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Reconciliation-Action-Plan/Reflect-Reconciliation-Action-Plan_20230905.pdf", "period": "2023", "confidence": "medium" }, { "type": "strategie", "title": "View document", "url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Reconciliation-Action-Plan/Landcom-Innovate-RAP-Innovate-Reconciliation-Action-Plan.pdf", "period": null, "confidence": "medium" } ], "purpose": { "text": "To make a positive difference to people’s lives in NSW by increasing the supply, affordability and diversity of housing and creating sustainable communities. [CP p.35]", "source_url": "", "source_page": 35, "source_deep_url": "" }, "vision": null, "strategic_priorities": [ { "title": "Establish a sustainable and scalable build-to-rent program with pilot projects on the NSW South Coast and in the Norther", "description": "Establish a sustainable and scalable build-to-rent program with pilot projects on the NSW South Coast and in the Northern Rivers in accordance with NSW Government policy.", "source_url": "", "source_page": 14, "source_deep_url": "" }, { "title": "Demonstrate leadership in affordable housing through the delivery of an Affordable Housing Program. This program should ", "description": "Demonstrate leadership in affordable housing through the delivery of an Affordable Housing Program. This program should deliver 1,800 affordable homes by 2029 in line with the NSW Government’s commitment of 3,100 to the National Housing Accord, with a goal to deliver substantially more if provided access to surplus government land and relevant approvals.", "source_url": "", "source_page": 14, "source_deep_url": "" }, { "title": "Intensify Landcom’s work to increase the supply, affordability and diversity of housing and achieve more sustainable com", "description": "Intensify Landcom’s work to increase the supply, affordability and diversity of housing and achieve more sustainable communities by being the lead developer for surplus NSW Government land and transacting with private landowners.", "source_url": "", "source_page": 14, "source_deep_url": "" }, { "title": "Expand the activities of Landcom to regional NSW with a focus on areas where the regional economy is impacted by low hou", "description": "Expand the activities of Landcom to regional NSW with a focus on areas where the regional economy is impacted by low housing supply and/or low rental vacancy rates.", "source_url": "", "source_page": 14, "source_deep_url": "" }, { "title": "Partner with NSW Government agencies on a commercial basis to deliver housing supply and improve housing affordability a", "description": "Partner with NSW Government agencies on a commercial basis to deliver housing supply and improve housing affordability across the state and in accordance with NSW Government policy and any relevant housing targets.", "source_url": "", "source_page": 14, "source_deep_url": "" } ], "values": [ { "name": "Embrace challenge to deliver outcomes", "description": "", "source_url": "", "source_page": null }, { "name": "Being respectful and supportive of each other", "description": "", "source_url": "", "source_page": null }, { "name": "Excel through strong relationships", "description": "", "source_url": "", "source_page": null }, { "name": "Bring an enterprising spirit", "description": "", "source_url": "", "source_page": null }, { "name": "Recognising and celebrating success, having fun along the way", "description": "", "source_url": "", "source_page": null } ], "outcomes": [ { "name": "Increase market housing supply", "description": "To lead in the delivery of built form to help us provide housing across faster and more innovative and sustainable ways.", "activities": [ "Develop projects to achieve settlements of lots for 22,000 homes by FY29", "Secure new projects in metropolitan and regional areas by FY29 that have the capacity to deliver 30,000 dwellings" ], "source_url": "", "source_page": 38, "source_deep_url": "" }, { "name": "Deliver affordable housing", "description": "To grow the affordable housing pipeline to deliver at least 1,800 affordable homes by FY29.", "activities": [ "Grow the affordable housing pipeline, to deliver at least 1,800 affordable homes by FY29", "Grow and deliver on a build-to-rent program" ], "source_url": "", "source_page": 38, "source_deep_url": "" }, { "name": "Expand regional housing supply", "description": "To continue to expand its footprint in regional NSW with a focus on areas impacted by low housing supply and/or low rental vacancy rates.", "activities": [ "Continuing to expand its footprint in regional NSW with a focus on areas impacted by low housing supply and/or low rental vacancy rates" ], "source_url": "", "source_page": 38, "source_deep_url": "" } ], "performance_measures": [ { "code": "MT6", "measure": "All projects implement actions to address identified physical and transition climate risks.", "target": "100%", "latest_result": "100% in scope projects have achieved", "status": "Achieved", "target_source_url": "", "target_source_page": 149, "result_source_url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "result_source_page": 149 }, { "code": "MT7", "measure": "70% GHG emissions weighted portfolio reduction.", "target": "65% Projected weighted portfolio GHG reduction", "latest_result": "65% Projected weighted portfolio GHG reduction", "status": "Achieved", "target_source_url": "", "target_source_page": 149, "result_source_url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "result_source_page": 149 }, { "code": "MT2", "measure": "10% upfront and embodied carbon weighted portfolio reduction.", "target": "13.2% projected weighted portfolio reduction.", "latest_result": "13.2% projected weighted portfolio reduction.", "status": "Achieved", "target_source_url": "", "target_source_page": 149, "result_source_url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "result_source_page": 149 }, { "code": "MT1", "measure": "20% forecast precinct energy demand is supplied by renewable energy, or a smart energy solution.", "target": "100% of in-scope projects achieved", "latest_result": "100% of in-scope projects achieved", "status": "Achieved", "target_source_url": "", "target_source_page": 149, "result_source_url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "result_source_page": 149 }, { "code": "MT3", "measure": "All residential dwellings to achieve BASIX 60 water rating.", "target": "73% of dwellings achieved", "latest_result": "73% of dwellings achieved", "status": "Achieved", "target_source_url": "", "target_source_page": 149, "result_source_url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "result_source_page": 149 } ], "document_alignment_terms": { "must_support": [ "To make a positive difference to people’s lives in NSW by increasing the supply, affordability and diversity of housing and creating sustainable communities. [CP p.35]", "Establish a sustainable and scalable build-to-rent program with pilot projects on the NSW South Coast and in the Northern Rivers in accordance with NSW Government policy.", "Demonstrate leadership in affordable housing through the delivery of an Affordable Housing Program. This program should deliver 1,800 affordable homes by 2029 in line with the NSW Government’s commitment of 3,100 to the National Housing Accord, with a goal to deliver substantially more if provided access to surplus government land and relevant approvals.", "Intensify Landcom’s work to increase the supply, affordability and diversity of housing and achieve more sustainable communities by being the lead developer for surplus NSW Government land and transacting with private landowners.", "Expand the activities of Landcom to regional NSW with a focus on areas where the regional economy is impacted by low housing supply and/or low rental vacancy rates.", "Partner with NSW Government agencies on a commercial basis to deliver housing supply and improve housing affordability across the state and in accordance with NSW Government policy and any relevant housing targets." ], "watch_terms": [ "All projects implement actions to address identified physical and transition climate risks.", "70% GHG emissions weighted portfolio reduction.", "10% upfront and embodied carbon weighted portfolio reduction.", "20% forecast precinct energy demand is supplied by renewable energy, or a smart energy solution.", "All residential dwellings to achieve BASIX 60 water rating." ], "avoid_claiming_without_evidence": [] }, "review_note": "" }, "strategy_brief_md": "# Landcom — Strategy Brief\n\n**Reporting period**: 2025-26\n**Corporate plan in force**: FY24–29\n**Annual Report**: [2025-26](https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)\n\n## Our purpose / purposes\n\n> To make a positive difference to people’s lives in NSW by increasing the supply, affordability and diversity of housing and creating sustainable communities. [CP p.35] [CP p.35]\n\n## How we deliver\n\n> We work together to drive high performance and create a culture where everyone feels trusted, valued and empowered. [CP p.35] [CP p.35]\n\n## Government priorities for this department\n\n- Establish a sustainable and scalable build-to-rent program with pilot projects on the NSW South Coast and in the Northern Rivers in accordance with NSW Government policy. [CP p.14]\n- Demonstrate leadership in affordable housing through the delivery of an Affordable Housing Program. This program should deliver 1,800 affordable homes by 2029 in line with the NSW Government’s commitment of 3,100 to the National Housing Accord, with a goal to deliver substantially more if provided access to surplus government land and relevant approvals. [CP p.14]\n- Intensify Landcom’s work to increase the supply, affordability and diversity of housing and achieve more sustainable communities by being the lead developer for surplus NSW Government land and transacting with private landowners. [CP p.14]\n- Expand the activities of Landcom to regional NSW with a focus on areas where the regional economy is impacted by low housing supply and/or low rental vacancy rates. [CP p.14]\n- Partner with NSW Government agencies on a commercial basis to deliver housing supply and improve housing affordability across the state and in accordance with NSW Government policy and any relevant housing targets. [CP p.14]\n\n## Outcomes\n\n### Increase market housing supply\nTo lead in the delivery of built form to help us provide housing across faster and more innovative and sustainable ways. [CP p.38]\n\n**Key activities:**\n- Develop projects to achieve settlements of lots for 22,000 homes by FY29\n- Secure new projects in metropolitan and regional areas by FY29 that have the capacity to deliver 30,000 dwellings\n\n### Deliver affordable housing\nTo grow the affordable housing pipeline to deliver at least 1,800 affordable homes by FY29. [CP p.38]\n\n**Key activities:**\n- Grow the affordable housing pipeline, to deliver at least 1,800 affordable homes by FY29\n- Grow and deliver on a build-to-rent program\n\n### Expand regional housing supply\nTo continue to expand its footprint in regional NSW with a focus on areas impacted by low housing supply and/or low rental vacancy rates. [CP p.38]\n\n**Key activities:**\n- Continuing to expand its footprint in regional NSW with a focus on areas impacted by low housing supply and/or low rental vacancy rates\n\n## Values and principles\n\n_Landcom’s values_\n\n- Embrace challenge to deliver outcomes\n- Being respectful and supportive of each other\n- Excel through strong relationships\n- Bring an enterprising spirit\n- Recognising and celebrating success, having fun along the way\n\n## What they will measure themselves on this year (targets from FY24–29 corporate plan)\n\n| Code | Measure | Target | Source |\n|---|---|---|---|\n| MT6 | All projects implement actions to address identified physical and transition climate risks. | 100% | CP p.149 |\n| MT7 | 70% GHG emissions weighted portfolio reduction. | 65% Projected weighted portfolio GHG reduction | CP p.149 |\n| MT2 | 10% upfront and embodied carbon weighted portfolio reduction. | 13.2% projected weighted portfolio reduction. | CP p.149 |\n| MT1 | 20% forecast precinct energy demand is supplied by renewable energy, or a smart energy solution. | 100% of in-scope projects achieved | CP p.149 |\n| MT3 | All residential dwellings to achieve BASIX 60 water rating. | 73% of dwellings achieved | CP p.149 |\n\n## How they performed last year (results from 2025-26 annual report)\n\n| Code | Measure | Result | Status | Source |\n|---|---|---|---|---|\n| MT6 | All projects implement actions to address identified physical and transition climate risks. | 100% in scope projects have achieved | Achieved | [AR p.149](https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149)(https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149) |\n| MT7 | 70% GHG emissions weighted portfolio reduction. | 65% Projected weighted portfolio GHG reduction | Achieved | [AR p.149](https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149)(https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149) |\n| MT2 | 10% upfront and embodied carbon weighted portfolio reduction. | 13.2% projected weighted portfolio reduction. | Achieved | [AR p.149](https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149)(https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149) |\n| MT1 | 20% forecast precinct energy demand is supplied by renewable energy, or a smart energy solution. | 100% of in-scope projects achieved | Achieved | [AR p.149](https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149)(https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149) |\n| MT3 | All residential dwellings to achieve BASIX 60 water rating. | 73% of dwellings achieved | Achieved | [AR p.149](https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149)(https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf#page=149) |", "strategy_overview_evidence_md": null, "internal_strategy_evidence_md": "# Landcom - Strategy, Performance, and Operating Profile\n\n**Generated at**: 2026-05-09T22:43:56.084756+00:00\n**Entity ID**: S-NSW-066\n**Entity type**: State-Owned Corporation\n**Jurisdiction**: NSW\n**Portfolio**: \n**Website**: https://www.landcom.com.au/\n\n> Draft generated from scraped source material. Treat this as an evidence pack for editorial review, not a final judgement.\n\n## Source Coverage\n\n| Source type | Count |\n|---|---:|\n| annual-reports | 5 |\n| other-pdfs | 5 |\n| pages | 10 |\n| strategies | 2 |\n\n## Executive Readout\n\n### Purpose\n\n- [pages 17,18,19,20]\nrogressing initiatives outlines Landcom’s strategies in place for active projects\nthat may have an adverse impact commitment to stakeholder\nConsultation undertaken in FY25\nto improve engagement, engagement and to continued\nincludes visioning, open place\nunderstanding and outcomes learning and improvement in\nplanning and concept planning for\nengagement practice\nactive projects\nSupport sustainable initiatives in Continue to deliver Community Community Development Plans in On track, continue to deliver\ncommunities that demonstrate Development and Engagement place for active projects.\ncare and are underpinned by across Landcom’s communities\nUp-to-date, fit-for-purpose\ngoodwill and respect\ncommunications & engagement\nstrategies on place for active projects\n17 | FY2025-26 - Landcom Business Plan\n Source: `other-pdfs/Statement-of-Corporate-Intent-FY25-26.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Statement-of-Corporate-Intent/Statement-of-Corporate-Intent-FY25-26.pdf)`\n- FY24\nFocus Area Objective Target performance\nClimate & To respect, conserve All projects implement actions to address 100%\nResilience and regenerate our identified physical and transition climate risks in scope projects\nnatural environment have achieved\nand embed adaptation\nNet positive biodiversity portfolio performance Net positive (+3%)\nand resilience into all\noverall portfolio\nprecincts, and expand\nperformance\ncommunity awareness\nAll projects achieve a net urban heat reduction 100%\nin scope projects\nhave achieved\nAll new built form adopts industry best practice 100%\nSolar Reflective Index (SRI) minimums in scope projects\nhave achieved\nClimate Change Risk and Community Resilience\nAll our new in scope projects since the launch of We anticipate these physical risks and their influence on\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- FY23 FY24\nFocus Area Objective Target performance performance\nTraining & To provide To contribute to a global 9,111 11,341\nEmployment opportunities for innovation economy cumulative cumulative\nskills development, by enabling 30,000 enduring jobs enabled jobs enabled\neducation and jobs for the future of 2036\n(Over 30,000 (Over 30,000\nemployment\nprojected by 2036) projected by 2036)\nthat will enable\nour communities Projects to engage and Engaged Engaged\nto thrive foster education, learning or 346 490\nemployment outcomes via students across our students across our\nactivities or initiatives, based Skills Exchange, excursion programs\non identified needs of the local research and\nand regional community excursion programs\nEnabling Enduring Jobs\nLandcom is on track to meet our commitment to enable 30,000 enduring jobs by 2036.\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- FY24 FY25\nFocus Area Objective Target performance performance\nTraining & To provide To contribute to a global 11,341 20,697\nEmployment opportunities for innovation economy cumulative cumulative\nskills development, by enabling 30,000 enduring jobs enabled jobs enabled\neducation and jobs for the future of 2036\n(Over 30,000 (Over 30,000\nemployment\nprojected by 2036) projected by 2036)\nthat will enable\nour communities Projects to engage and Engaged Engaged\nto thrive foster education, learning or 490 767\nemployment outcomes via students across our students across our\nactivities or initiatives, based Skills Exchange, excursion programs\non identified needs of the local research and\nand regional community excursion programs\nEnabling Enduring Jobs\nLandcom is on track to meet our commitment to enable 30,000 enduring jobs by 2036.\n Source: `other-pdfs/2025-Sustainability-Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf)`\n\n### Role and Functions\n\n- We are committed to complex problem solving,\npartnerships. collaboration, and industry research and policy initiatives This includes:\nHousing initiatives and achievements in sustainability, housing and project evaluation. • Contributing to NSW Government’s NSW Housing\nOur updated Housing Policy will:\nStrategy ‘Housing 2041’ in which Landcom is\nOur key housing achievements include: Progress this year includes:\n• Reinforce our commitment to partnerships with the identified as having a role to ‘maximise the impact of\ncommunity housing sector and local councils; • Housing affordability - We enabled 160 Affordable • Further increasing our industry-leading targets for government owned land, investment or assets and\nHousing dwellings for future development at affordable housing, diverse housing and certified government-led projects or funding to achieve the\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- 1 July 2021 30 June 2022\nThe Board oversees and annually reviews that an effective Enterprise Risk Management Framework is in operation\nFemale 33% 50% and has delegated to management responsibility for risk management activities, following a Three Lines Model:\nMale 67% 50% • Line 1 — Ownership: owning and managing risk through management controls and internal control measures such\nas internal policies and procedures\n• Line 2 — Oversight: monitoring of risk through our risk management, compliance and safety functions, and\nBoard Committees\n• Line 3 — Assurance: independent assurance through an internal audit function.\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- Section 31 Report\nMade by\npublic officials\nperforming their Under a statutory All other\nday-to-day legal or other legal Public Interest\nfunctions obligation Disclosures\nNumber of public officials making a public 0 0 0\ninterest disclosure\nNumber of Corrupt conduct 0 0 0\npublic interest\nMaladministration 0 0 0\ndisclosures\nwe received\nSerious and substantial waste of 0 0 0\nrelating to:\npublic money\nGovernment information 0 0 0\ncontraventions\nLocal government pecuniary 0 0 0\ninterest contraventions\nTotal 0 0 0\nNumber of public interest disclosures we finalised 0 0 0\nWhether we have a public interest disclosures Yes\npolicy in place\nAction taken by us to ensure that our staff Staff briefings, inductions and team meetings, posters and\nawareness responsibilities under Section 6E(1)(b) copies of Landcom’s Public Interest Disclosures & Internal\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- Made by public\nofficials performing Under a statutory\ntheir day to day or other legal All other public\nlegal functions obligation interest disclosures\nNumber of public officials making a public interest disclosure 0 0 0\nNumber of public interest Corrupt conduct 0 0 0\ndisclosures we received\nMaladministration 0 0 0\nrelating to:\nSerious and substantial waste of 0 0 0\npublic money\nGovernment information 0 0 0\ncontraventions\nLocal government pecuniary 0 0 0\ninterest contraventions\nTotal 0 0 0\nNumber of public interest disclosures finalised 0 0 0\nWhether we have a public interest disclosures policy in place Yes\nAction taken by us to ensure that our Messages and posters on bulletin boards, training\nstaff awareness responsibilities under provided to new staff during induction, copies of\nSection 6E(1)(b) of the Act have been met Landcom’s Public Interest Disclosures & Internal\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- 1. to undertake and participate in residential,\nUnder the Landcom Corporation Act 2001, Landcom has\ncommercial, industrial and mixed\nseven principal objectives:\ndevelopment projects\n1. to be a successful business and, to this end:\n2. to provide advice and services related to\na. to operate at least as efficiently as any comparable urban development, on a commercial basis,\nbusinesses, and to government agencies and others, and the\nfollowing additional functions\nb. to maximise the net worth of the State’s investment\nin it 3. to provide facilities or services that are ancillary\nor incidental to its principal functions, and\n2. to exhibit a sense of social responsibility by having\nregard to the interests of the community in which 4. to conduct any business or provide any service\nit operates (whether or not related to its principal functions)\nthat it considers will further its objectives.\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- Membership of the Committee as at 30 June\nMembership of the Audit & Risk Management 2025 consists of:\nCommittee as at 30 June 2025 consists of:\n• Trent Alston (Chair); and\n• Kieran Pryke (Committee Chair); • The Hon Craig Knowles AM.\n• Ashley Mason; and The Committee operates under a Charter and is\n• Susan MacDonald. responsible for making recommendations to the\nThe Committee operates under a Charter and Board on:\nits role includes oversight and review of the • Board composition: Developing a composition\neffectiveness of: framework for the Board that includes the\n• Systems of internal control of Landcom; right mix of diversity, skills and expertise,\ntenure and cohesion to fulfill its responsibilities\n• External accountability, reporting and financial\nto Landcom and makes appropriate\nmanagement;\nrecommendations to Government for new\n• The work health and safety framework;\n Source: `annual-reports/2025.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)`\n\n### Strategic Priorities\n\n- Board and Board Committee attendance (FY21)\nCorporate governance\nAudit & Risk Management People & Culture\nDirector Board Committee Committee\nCompliance with governance principles and The Board is accountable to our Shareholder and\ndisclosure requirements Portfolio Ministers for the performance of Landcom and A B A B A B\nthe delivery of our Strategic Directions, the Statement\nThe NSW Treasury policy and guidelines paper of Corporate Intent under the State Owned Corporations Peter Roberts 10 10 6 6 4 4\n‘Guidelines for Governing Boards of Government Act and the Statement of Priorities under the Landcom (Chair)\nBusinesses TPP17-10’ (TPP17-10) provides a framework Corporation Act.\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- [Page 5]\nContents\nLetter to Shareholder Ministers 7 Management and accountability 32\nLeadership and organisation structure 32\nDeputy Chair’s review 8\nLeadership skills development 36\nCEO’s review 10 Workforce diversity performance 37\nAffordable housing 10 Disability inclusion action plans 38\nDelivering for regional NSW 11 Work health and safety 38\nDelivering diverse, liveable communities 11 Legislation 39\nLeading in environmental and social sustainability 11 Disclosure of approved exemptions 39\nCloser to home 11 Public access to information and the\nprotection of privacy 40\nOverview 12\nInternal audit and risk management 45\nOur organisation 12\nMiscellaneous activities 46\nOur goals, priorities and values 13\nOur projects 16 Sustainability 47\nFY23 economic and financial highlights 18 Taskforce for Climate Related Financial\nDisclosures Progress 47\nAwards and recognition 20\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- [Page 3]\nContents\nLetter to Shareholder Ministers 3 Disability inclusion action plans 55\nWork health and safety 55\nChair’s review 4\nLegislation 57\nCEO’s review 6 Disclosure of approved exemptions 57\nOverview 8 Public access to information and the\nprotection of privacy 58\nOur organisation 8\nInternal audit and risk management 62\nOur customers 11\nMiscellaneous activities 64\nOur goals 12\nOur values 12 Sustainability 66\nOur principal objectives and functions 13 Modern slavery reporting 66\nOur projects 14\nLandcom Financial statements 68\nFY24 economic and financial highlights 16\nManagement and structure 19 Appendices 122\nOur Board of Directors 20 Appendix 1 – Corporate governance 122\nOur Executive 26\nAppendix 2 – Modern Slavery Act 2018 (NSW)\nOur team 29\ndisclosures 126\nOur strategy 31\nAppendix 3 – Disclosure of approved exemptions 136\nMinisterial Statement of Priorities 31\n Source: `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)`\n- Civil works on the site are complete\n75 dwellings, allowing Landcom to deliver with Firstyle Homes building the first homes.\nsmaller affordable housing projects faster Additionally, we handed over the Queenscliff\nproject to Link Wentworth, where at least 12\n• a state significant development pathway for\nhomes (32%) will be Affordable Rental Housing\nlarger scale developments with an estimated\nfor women over 55 at risk of homelessness.\ndevelopment cost of more than $30 million,\nor more than 75 dwellings that deliver a\nminimum of 50% affordable housing\n• a priority rezoning pathway for certain\nLandcom housing projects that include\naffordable housing.\n Source: `annual-reports/2025.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)`\n- [Page 19]\nRespect\nAction Deliverable Timeline Responsibility\nIncrease Implement cultural awareness training as a July 2022 Director, People & Culture\nunderstanding, business-as-usual event for all of Landcom Director, Sustainability\nvalue and staff (beyond the current Yarning Circles) & Learning\nrecognition\nof Aboriginal\nand Torres Embed Aboriginal and Torres Strait September Director, Corporate Marketing\nStrait Islander Islander presenters into the corporate 2022 & Communication\ncultures, histories, calendar of events Director, Sustainability\nknowledge and & Learning\nrights through\nDirector, People & Culture\ncultural learning\nConduct a review of cultural learning needs July 2022 Director, People & Culture\nwithin our organisation\nDemonstrate Communicate guidance on June 2022 Director, Sustainability\nrespect to Acknowledgement of Country so staff feel & Learning\n Source: `strategies/Reflect-Reconciliation-Action-Plan_20230905.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Reconciliation-Action-Plan/Reflect-Reconciliation-Action-Plan_20230905.pdf)`\n- [Page 13]\nCase Study\nStrategic Direction\nHousing and\nLeadership\nNewleaf streetscape\nHousing priorities • Housing accessibility - Our projects supplied 590 • Challenging ourselves to enhance design and quality\ndwellings with Universal Housing Design certified as by obtaining independent, expert and impartial\n‘silver level’ by Livable Housing Australia. advice on development projects through our Design\nDemonstrating innovation and quality has long guided our approach to We note that a single dwelling may be both Affordable Review Panel; and\nor Diverse Housing as well as Universal Housing. • Serving as a trusted advisor to government and\nleading positive change in the development industry.\nindustry on the planning and policy reforms to\nHousing leadership enhance the supply, affordability and diversity of\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- Operations and performance against these three\ndirections is detailed under ‘Operations and The FY24-27 Strategic Plan includes:\nPerformance’, page 28.\n• Four goals\nMinisterial Statement of Priorities • Five ‘Ps’ – our Strategic Priorities\nOur priorities for FY23 to enhance the affordability and • Strategic Initiatives for FY24\ndiversity of housing supply, with an increasing focus\nLandcom’s four goals FY24-27\non regional housing, were issued under the Landcom\nCorporation Act 2001 by Landcom’s Portfolio Minister\nand agreed between the Portfolio and Shareholders\nMinisters and Landcom Board.\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- We recognise that there will always be space for\nEnvironmental Management Performance Results\ncontinuous improvement and maturity when responding\nWhile we continue to deliver on these commitments at Waste & Materials Performance Results\nto climate change risks and opportunities.\nour assets, Landcom is also taking steps to bolster our Water Performance Results\nInnovation Performance Results\nRecommended Status of Landcom Response / Action Future Priorities / Case Study: Heat resilient communities\nDisclosure Disclosure Actions\nDisclose Scope 1, Initiated Landcom currently discloses its Scope 1, 2 and 3 Continue to drive\nScope 2, and, if organisational emissions through our CY21 Climate down Scope 1, 2\nGovernance\nappropriate, Scope 3 Active Product Disclosure Statement.\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- Phone: (02) 9841 8600 The Board is accountable to our Shareholder and\nLandcom has adopted the standards of corporate\nFax (02) 9841 8688 Portfolio Ministers for the performance of Landcom\ngovernance contained in TPP17-10, except in relation to\nagainst:\nthe following matter:\nSydney office (no public Reception)\n• the Statement of Corporate Intent under the State\nLevel 40 Each director should be limited to sitting on Owned Corporations Act 1989 (NSW)\n25 Martin Place three government boards. • the Business Plan, and\nSydney NSW 2000\n• the Statement of Priorities under the Landcom\nPhone: (02) 9841 8600\nCorporation Act 2001 (NSW).\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- Activities to encourage public\nto achieve outcomes / objectives participation included:\nLandcom is exposed to a range of political, economic, • social media and website updates\nindustrial, commercial and operational, legal and\n• digital newsletters\nregulatory, social, technological, sustainability and\n• advertising, including print, online, outdoor and radio,\nenvironmental risks.\nletterbox drops and direct mail\nIn FY23 the Board and Management reviewed its\n• engagement opportunities promoted at public\nRisk Appetite Statement and strategic risks against\nand stakeholder meetings.\nthe new FY24-27 Strategic Plan to ensure that the\nkey internal and external risks were commensurate Promotion was also undertaken to support the\nwith our Strategic Priorities.\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n\n## KPIs, Targets, and Where They Are At\n\n- [Page 8]\nPerformance target summary\nKPI Summary\n2025–26 2026-27 2027-28\nMeasure\nSCI ($m) Forecast ($m) Forecast ($m)\nDevelopment Sales Revenue 376.1 632.1 791.4\nDevelopment Gross Margin 90.1 186.2 198.0\nEBIT 30.5 128.7 133.7\nOperating Profit Before Tax 28.6 127.5 133.6\nNet Profit After Tax 20.0 89.3 93.5\nReturn to Government - Tax 8.6 38.3 40.1\nReturn to Government – Dividend 14.0 62.5 65.5\nReturn to Government – GGF 2.0 1.8 0.8\nReturn on Equity 2% 7% 7%\nDwellings Settled 3,010 4,845 4,698\n8\n Source: `other-pdfs/Statement-of-Corporate-Intent-FY25-26.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Statement-of-Corporate-Intent/Statement-of-Corporate-Intent-FY25-26.pdf)`\n- [Page 5]\nClimate Healthy & Productive Accountable &\nOverview Resilient Places Inclusive Places Places Collaborative Places Appendices\nClimate Healthy & Productive Accountable &\nResilient Places Inclusive Places Places Collaborative Places\nHighlights\nClimate Active Published our Kellyville and Progressed GRESB Result United Nations\nOrganisation Carbon Offsets Bella Vista 5 our Reflect 95/100 and Global Compact\nCertification Statement Star Green Star Reconciliation 4 Green Stars participant\nsupporting local, Communities Action Plan\nnature-based certification\ncarbon projects\nAbout this report\nOur Sustainability Report is an account Where performance against a target has not been\nachieved (or is not in scope for the reporting period)\nof our sustainability performance\nan explanation is provided.\nduring the 2024 financial year (FY24),\nOur reporting boundaries are explained in the\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- [Page 142]\nS7\n2001 2017 2018 2019\n• Sustainability • Launched our • Committed to • First Climate\nembedded in Sustainability accelerated actions Active report\nour Act Places Strategy towards achieving a • First Climate Risk\n• 10 material issues, 2028 leadership target Management Plan\n4 30 le + a t d a e rg rs e h t i s p goals, f e o m r i c s a si r o b n o s n-neutral • C Re lim sil a ie te n c C e h G an a g p e A & n a lysis\n2023 2022 2021 2020\n• Delivered first all- • Transition Risk • Initiated financial • First Modern\nelectric community Business Case implications modelling of Slavery Statement\n(Panorama at • Reconciliation Action selected climate-related • Adopted the TCFD\nNorth Wilton) Plan launch transition risks over the Recommendations & First\n• New sustainability • Australian Government next 20 years Disclosure\n Source: `annual-reports/2025.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)`\n- FY24\nFocus Area Objective Target performance\nClimate & To respect, conserve All projects implement actions to address 100%\nResilience and regenerate our identified physical and transition climate risks in scope projects\nnatural environment have achieved\nand embed adaptation\nNet positive biodiversity portfolio performance Net positive (+3%)\nand resilience into all\noverall portfolio\nprecincts, and expand\nperformance\ncommunity awareness\nAll projects achieve a net urban heat reduction 100%\nin scope projects\nhave achieved\nAll new built form adopts industry best practice 100%\nSolar Reflective Index (SRI) minimums in scope projects\nhave achieved\nClimate Change Risk and Community Resilience\nAll our new in scope projects since the launch of We anticipate these physical risks and their influence on\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- 2001 2017 2018 2019\n• Sustainability • Launched our • Committed to • First Climate\nembedded in Sustainability accelerated actions Active report\nour Act Places Strategy towards achieving a • First Climate Risk\n• 10 material issues, 2028 leadership target Management Plan\n4 30 le + a t d a e rg rs e h t i s p goals, f e o m r i c s a si r o b n o s n-neutral • C Re lim sil a ie te n c C e h G an a g p e A & n a lysis\n2023 2022 2021 2020\n• Delivered first all- • Transition Risk • Initiated financial • First Modern\nelectric community Business Case implications modelling of Slavery Statement\n(Panorama at • Reconciliation Action selected climate-related • Adopted the TCFD\nNorth Wilton) Plan launch transition risks over the Recommendations & First\n• New sustainability • Australian Government next 20 years Disclosure\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- FY24\nFocus Area Objective Target performance\nEnvironmental To maintain All projects achieve a certified Green Star rating 100%\nManagement and enhance a of in scope projects\nculture of high have achieved or are\nenvironmental on track.\nperformance\n5 Star NABERS rating for all office, hotel and retail 100%\nof in scope projects\nhave achieved\nAll Landcom controlled dwellings achieve ‘Low’ BASIX 100%\nmaterials rating of controlled\ndwellings achieved\nAll residential dwellings to achieve BASIX 60 water rating 0%\nof dwellings\nachieved\nGreen Star NABERS Certification\nIn FY24, two of our Sydney Metro Northwest projects Landcom had two projects in scope within the\nKellyville and Bella Vista achieved 5 Star Communities reporting period.\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- FY24\nFocus Area Objective Target performance\nWaste & To drive 98% portfolio construction waste is diverted 99.7%\nMaterials innovation in from landfill portfolio construction\nwaste reduction, waste diverted\nand further\n80% portfolio demolition waste is diverted from landfill No projects in\nenable the use\nscope in FY24\nof responsible\nresources\n100% of construction timber is industry certified 100%\nof construction\ntimber certified\nWaste Lake Thomson, located in our Macarthur\nIn FY24 there were four projects in scope for reporting Heights community, achieved a 99% waste\nagainst our construction waste diversion target;\ndiversion rate across the works, reusing\nEdmondson Park, North Wilton, Macarthur Heights and\n100 tonnes of green waste on-site, reusing\nAirds.\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- FY25\nFocus Area Objective Target performance\nEnergy & To conserve energy 70% GHG emissions weighted portfolio reduction 65%\nEmissions and drive energy Projected weighted\nefficient, low carbon, portfolio GHG\nlow emissions precincts reduction\nfor the future\n10% upfront and embodied carbon weighted Upfront carbon:\nportfolio reduction 13.2%\nprojected weighted\nportfolio reduction\nEmbodied carbon:\nNo projects in-scope\nfor FY25\n20% forecast precinct energy demand is supplied 100% of in-scope\nby renewable energy, or a smart energy solution projects achieved\nGreenhouse Gas Emissions Reduction Of note, Orange and Glenfield are projected to achieve\noperational GHG emissions reductions of over 100% on\nLandcom is targeting a 70% reduction in operational\nthe 2016 baseline through energy efficiency measures\nGHG emissions across Landcom’s forecast portfolio\n Source: `other-pdfs/2025-Sustainability-Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf)`\n- FY25\nFocus Area Objective Target performance\nEnvironmental To maintain All projects achieve a certified Green Star rating 100%\nManagement and enhance a of in scope projects\nculture of high have achieved or are\nenvironmental on track.\nperformance\n5 Star NABERS rating for all office, hotel and retail 100%\nof in scope projects\nhave achieved\nAll Landcom controlled dwellings achieve ‘Low’ BASIX No dwellings\nmaterials rating in-scope for FY25\nAll residential dwellings to achieve BASIX 60 water rating 73%\nof dwellings\nachieved\nGreen Star NABERS Certification\nIn FY25, Landcom proudly achieved its first As Designed In FY25 the SMNWP of Bella Vista, Cherrybrook,\nGreen Star Homes certification from the Green Building Kellyville, Showground and Tallawong all included\nCouncil of Australia for the Panorama Net Zero 5 Star minimum NABERS ratings for both Energy and\n Source: `other-pdfs/2025-Sustainability-Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf)`\n- FY25\nFocus Area Objective Target performance\nWaste & To drive 98% portfolio construction waste is diverted 95%\nMaterials innovation in from landfill minimum portfolio\nwaste reduction, construction waste\nand further diversion committed\nenable the use\n80% portfolio demolition waste is diverted from landfill 95%\nof responsible\nachieved\nresources\n100% of construction timber is industry certified 95%\nof construction\ntimber certified\nWaste We acknowledge that there are some waste streams\nfrom our construction activities that are extremely\nIn FY25, one new Landcom project completed\ndifficult to reuse or divert from landfill.\n Source: `other-pdfs/2025-Sustainability-Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf)`\n- [Page 29]\nClimate Healthy & Productive Accountable &\nOverview Resilient Places Inclusive Places Places Collaborative Places Appendices\nInnovation Performance Results\nFY25 Innovation Performance Results\nFY24 FY25\nFocus Area Objective Target performance performance\nInnovation Research Investment Measure and report annual $70,000 $69,000\ninvestment in research cash cash\nand development\n$13,429 $7,000\nin-kind in-kind\nEmerging Technologies 100% of new dwellings are EV-ready No projects 100%\nin scope of new dwellings\nare EV-ready\nResearch Investment Landcom also further progressed an industry research\nproject with the University of Western Sydney to\nIn FY25, Landcom partnered with the Clean Energy\ninvestigate restoration techniques for Cumberland Plain\nFinance Corporation, Development WA and the Green\nWoodland ecosystems.\n Source: `other-pdfs/2025-Sustainability-Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf)`\n- [Page 18]\nStatement of Expectation (SoE)\nAction Plan:\nTopic Expectation KPI/Target Activities Status / Forecast Outcomes\nAffordable and Establish a sustainable and Implement pilot ‘Build to Sites have been secured and On track\nDiverse Housing scalable Build-to-Rent program Rent’ programs on the Development Consent has been\nBomaderry BTR project due to start construction Q2\nwith pilot projects on the NSW South Coast and in the achieved for both the Regional BTR\n2025\nSouth Coast and in the Northern Northern Rivers region by projects.\n Source: `other-pdfs/Statement-of-Corporate-Intent-FY25-26.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Statement-of-Corporate-Intent/Statement-of-Corporate-Intent-FY25-26.pdf)`\n- FY24\nFocus Area Objective Target performance\nEnergy & To conserve energy 70% GHG emissions weighted portfolio reduction 47%\nEmissions and drive energy weighted portfolio\nefficient, low carbon, GHG reduction\nlow emissions precincts\n10% upfront and embodied carbon weighted No projects in scope\nfor the future\nportfolio reduction across Landcom\ndelivered works\n20% forecast precinct energy demand is supplied One project in\nby renewable energy, or a smart energy solution scope, achieved 16%\nGreenhouse Gas Emissions Reduction ensure clean electricity for residents.\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- While individually, two of the three completed projects\nPanorama at North Wilton Stage 1 works reached\nhave achieved Landcom’s new waste diversion target,\npractical completion, and demonstrated a 99% waste\nAirds, being an older project, has exceeded Landcom’s\ndiversion rate, including recycling over 470 tonnes of\nold diversion target of 95%, contributing to the portfolio\nconcrete and 50 tonnes of waste asphalt generated.\nperformance exceeding our new target.\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n\n## Key Metrics\n\n| Values found | Evidence | Source |\n|---|---|---|\n| $65 million, $450 million, 65 million, 450 million | The division includes:\n• a specialist affordable housing team that manages\nour program to deliver 1,800 dwellings by 2029\n• a build-to-rent team that manages the\n$65 million regional build-to-rent pilot program\nand will manage the $450 million build-to-rent\nprogram announced in the 2024 State budget\n• a construction team focused on build-to-rent and\naffordable housing including modern methods of\nconstruction and asset management. | `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)` |\n| $22.2 million, $0, 22.2 million | [Page 68]\nOperations and Management and Financial\nIntroduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\nNotes to the Financial Statements\n11 Trade and other payables\n30 June 30 June\n2023 2022\nNote $’000 $’000\nCurrent\nTrade payables 1,301 786\nContract liabilities 11(i) 7,509 29,264\nBonds held 959 1,057\nAccrued expenses 10,294 9,063\nPayables to project partners 18,535 23,300\nDividend payable to NSW Treasu | `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)` |\n| $22.2 million, $0.2 million, 22.2 million, 0.2 million | [pages 68,69,70,71]\n385\nDeferred revenue 5 214 –\nRetentions – 862\n91,985 79,386\nNon–current\nContract liabilities 11(i) 6,536 6,536\nAccrued expenses 454 –\n6,990 6,536\n(i) Reconciliation of contract liabilities\n30 June 30 June\n2023 2022\n$’000 $’000\nOpening balance at 1 July 35,800 21,224\nAdditions 11,598 26,421\nUtilisation (33,353) (11,845)\nClosing balance (current and non–current) 14,045 35,800\n$22.2 million (30 June 2022: $0.2 million) of contrac | `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)` |\n| $5 million, 5 million | The exemptions, some with conditions attached, were approved Land disposal: Schedule 1 Annual Reports –\nby NSW Treasury to overcome concerns about the loss of commercial confidentiality for statutory State Owned • Properties disposed of during the year: (Statutory Bodies)\nCorporations. • total number; and Regulation 2015\n• total value\n• If value greater than $5 million and not by public\nStatutory requirements\nauction or tender:\nAnnual reporting e | `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)` |\n| $276.7 million, 276.7 million | At the same time, we\na 20% target for affordable housing in regional areas in\nexceeded our broad objectives around financial results,\naddition to the existing target of at least 10% affordable\nwith a 71.33% increase in sales revenue to $276.7 million\nhousing in metropolitan areas. | `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)` |\n| $22.30\n, $20.13 , $10.82\nmillion, $161.51 , 10.82\nmillion | [Page 10]\n$22.30\nFY22 economic and\nfinancial highlights\nmillion returned to NSW Government\n(FY22 income tax equivalents and dividend declared)\n$20.13 $10.82\nmillion net profit after tax million dividend paid\n(in relation to 2021)\n$161.51 1 242\n,\nmillion sales revenue new homesites\nLandcom is a proud GRESB Real Estate Transparent sustainability\nAssessment ranked in the reporting under\nCarbon Neutral\ntop three most Global Reporting\nOrganisation,\nsu | `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)` |\n| $0.2 million, $1.8 million, 0.2 million, 1.8 million | The amortisation period and the amortisation method for an intangible asset with a\nClosing balance (current and non-current) 35,800 21,224\nfinite useful life are reviewed at least at the end of each reporting period.\n$0.2 million (30 June 2021: $1.8 million) of contract liability utilisation arose from the contract liability balance at the\nAll research costs are expensed. | `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)` |\n| $6.5 million, $18.3 million, 6.5 million, 18.3 million | Non-current contract liability is $6.5 million (30 June 2021: $18.3 million) and is expected to be\nCosts incurred to configure or customise cloud computing software, and the ongoing fees to obtain access to the utilised from FY24.\ncloud provider’s application software, are recognised as an expense when the services are received. | `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)` |\n| $129.1m, $86.4m, $69.1m, $69.4m, $60.2m, $26.9m | [Page 60]\nOperations and Management and Financial\nIntroduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\nNotes to the Financial Statements\nFinancial performance\nThree year performance review\n$129.1m\n$86.4m\n$69.1m $69.4m\n$60.2m\nFY21\n$26.9m\n$23.2m\n$17.2m $20.1m FY22\nFY23\nGross Profit Earnings before interest and tax Net profit after tax\n4 Revenue from contracts with customers\n30 June 30 June\n2023 2022\n$’00 | `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)` |\n| $282.6 million, $5.9 million, 282.6 million, 5.9 million | To do this, we will be looking to grow our\nIn FY24, we achieved sales revenue of pipeline of projects by acquiring sites and\n$282.6 million, an increase of $5.9 million partnering with both the NSW Government\nfrom FY23. | `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)` |\n| $294.1 million, $263.4 million, $116.9 million, $120.3 million, $58.8 million, $52.7 million | Table 2 – Financial key performance indicators\nIndicator FY25 SCI forecast FY25 Actual\nSales revenue $294.1 million $263.4 million\nGross margin $116.9 million $120.3 million\nEarnings before interest and tax $58.8 million $52.7 million\nOperating profit before tax $59.2 million $63.2 million\nNet profit after tax $41.5 million $44.2 million\nReturn to government – tax $17.8 million $19.0 million\nReturn to government – dividend $40.0 million $40.0 mil | `annual-reports/2025.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)` |\n| $14.1m, $27.0m | At the reporting date, there were no significant contingent assets or liabilities incurred in the normal course of\nThe maximum risk exposure of these TCorp letters of undertaking is $14.1m (30 June 2020: $27.0m).\nbusiness (2020: nil). | `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)` |\n| 10 per cent | These were also balanced with staff February 2022 we continually monitored and adapted meet its existing target of 10 per cent of affordable outcomes by 2028\npreference. our approach to staff wellbeing. housing in metropolitan NSW\n• Healthy & Inclusive Places to enhance Landcom’s\n2. expand the focus of Landcom’s business to regional\nThroughout the COVID-19 pandemic, eight surveys were Landcom supported its staff with additional initiatives intern | `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)` |\n| $70,000 , $69,000\n, $13,429 , $7,000 | [Page 29]\nClimate Healthy & Productive Accountable &\nOverview Resilient Places Inclusive Places Places Collaborative Places Appendices\nInnovation Performance Results\nFY25 Innovation Performance Results\nFY24 FY25\nFocus Area Objective Target performance performance\nInnovation Research Investment Measure and report annual $70,000 $69,000\ninvestment in research cash cash\nand development\n$13,429 $7,000\nin-kind in-kind\nEmerging Technologies 100% of new | `other-pdfs/2025-Sustainability-Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf)` |\n| $70,000\n, $13,429 | FY24\nFocus Area Objective Target performance\nInnovation Research Investment Measure and report annual investment in research $70,000\nand development cash\n$13,429\nin-kind\nEmerging Technologies 100% of new dwellings are EV-ready No projects\nin scope\nResearch Investment In addition to this research partnership, Landcom\nis actively quantifying the embodied carbon of its\nIn FY24, Landcom continued its partnership with\ndemonstration home and investigat | `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)` |\n\n## Key Achievements\n\n- [Page 2]\nCover image: The fabric of NSW campaign, Macarthur Heights\nContents\nPatterns of Place by Robyn Caughlin, Bungarribee\nLetter to Shareholder Ministers 1\nChair’s review 4\nChief Executive Officer’s review 5\nOur organisation 6\nOur principal objectives and function 6\nMajor projects 9\nFY21 economic and financial highlights 10\nAwards and recognition 12\nOur performance – managing our projects 14\nHighlights of this year’s achievements 14\nThe Landcom Way - case studies 18\nSustainability and learning 32\nEngaging communities to plan and deliver\ntomorrow’s neighbourhoods 33\nTask Force on Climate-related\nFinancial Disclosures 34\nCompliments and complaints feedback\nsystem 36\nHealth, safety and environment 38\nShaping our year ahead 42\nOur performance – people 44\nOur governance structure 45\nOur leadership intent, culture and\nCode of Conduct 46\nInvesting in talent, capability and\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- [Page 5]\nContents\nLetter to Shareholder Ministers 7 Management and accountability 32\nLeadership and organisation structure 32\nDeputy Chair’s review 8\nLeadership skills development 36\nCEO’s review 10 Workforce diversity performance 37\nAffordable housing 10 Disability inclusion action plans 38\nDelivering for regional NSW 11 Work health and safety 38\nDelivering diverse, liveable communities 11 Legislation 39\nLeading in environmental and social sustainability 11 Disclosure of approved exemptions 39\nCloser to home 11 Public access to information and the\nprotection of privacy 40\nOverview 12\nInternal audit and risk management 45\nOur organisation 12\nMiscellaneous activities 46\nOur goals, priorities and values 13\nOur projects 16 Sustainability 47\nFY23 economic and financial highlights 18 Taskforce for Climate Related Financial\nDisclosures Progress 47\nAwards and recognition 20\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- [Page 60]\nClimate Healthy & Productive Accountable &\nOverview Resilient Places Inclusive Places Places Collaborative Places Appendices\nOur Progress\nLaying the Developing key Engaging our Addressing\nfoundations processes stakeholders grievance and\nremediation\nFY20 FY21 FY22 FY23\n• Completed our initial • Adopted our publicly • Refined our modern • Further refined our\nHuman Rights Salience accessible Human slavery contract clauses modern slavery contract\nAssessment Rights Statement to include supplier clauses for divestment\n• Established our Modern • Embedded modern operations and supply contracts\nSlavery Working Group slavery clauses into chains • Introduced OHS incident\n• Adopted our Modern our contracts • Collated insights from reporting system,\nSlavery Management • Adopted supplier the PCA’s supplier ‘SafeMe’\nPlan pre-qualification platform regarding • Introduced anonymous\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- It was\nefficacy open for staff consultation on the staff intranet until 7\nApril 2022. • staff completed risk assessments for work from\nhome transitions, COVID-19 Vaccination Policy and Key findings from the Psychological Hazard Risk\nreturning to the workplace Assessment:\n• in December 2021 we implemented our COVID-19\n• Landcom has various systems and processes in place Vaccination Policy after consultation with all staff\nthat are effective controls to mitigate psychosocial\n• all staff returned to a hybrid working environment hazards identified.\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- We are committed to complex problem solving,\npartnerships. collaboration, and industry research and policy initiatives This includes:\nHousing initiatives and achievements in sustainability, housing and project evaluation. • Contributing to NSW Government’s NSW Housing\nOur updated Housing Policy will:\nStrategy ‘Housing 2041’ in which Landcom is\nOur key housing achievements include: Progress this year includes:\n• Reinforce our commitment to partnerships with the identified as having a role to ‘maximise the impact of\ncommunity housing sector and local councils; • Housing affordability - We enabled 160 Affordable • Further increasing our industry-leading targets for government owned land, investment or assets and\nHousing dwellings for future development at affordable housing, diverse housing and certified government-led projects or funding to achieve the\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- Notable achievements\nfrom contracts with customers.\nin FY24 include progress on our build-to-rent\nThe 2,080 dwellings represent a shortfall of 1,501 programs on the South Coast and the Northern\nagainst our target for the year.\n Source: `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)`\n- Statutory requirements\nAct/regulation\nAnnual reporting exemptions references Comments\nManagement and activities: TPG23-10 –\n• management improvement plans and\nachievements reaching previous targets\n• major problems and issues which arose\n• major works in progress, cost to date,\nestimated dates of completion and significant\ncost overruns or delays/amendments\nLand disposal: TPG23-10 This exemption is granted on the\ncondition that Landcom continues\n• if value greater than $5 million and not sold\nto disclose the total number and\nby public auction or tender:\nvalue of lots sold during the year,\n− list of properties along with confirmation that all\nproperties have been sold in the\n− for each case, name of person who\nnormal course of business and that\nacquired the property and proceeds from\nthere were no family or business\ndisposal\nconnections between the purchaser\n Source: `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)`\n- FY25 and beyond\n• Developed new, targeted in-house • Develop a modern slavery roadmap\nmodern slavery training for our to guide our approach, informed\nTier 1 suppliers by our dual obligations under the\n• Conducted a detailed review Modern Slavery Act 2018 (Cth) and\nand maturity assessment of our the Modern Slavery Act 2018 (NSW)\nprogress against our modern slavery • Review our human rights salience\ncommitments assessment for currency\n• Developed an operational • Review and mature our Human\nframework to support the ongoing Rights Statement\nimplementation of our modern\n• Develop a Modern Slavery Policy\nslavery initiatives\n• Respectfully and appropriately\n• Commenced formal discussions\nengage people with lived experience\nwith representatives of people with\nand/or their representatives to\nlived experience to deliver targeted\nmature our key modern slavery\nreviews of our key documents and\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- Duty will apply on the option fee\nIn FY22 Landcom has implemented the following: Opinion\nand no credit for that duty paid will be applied on any\n• conducted a self-assessment against the 25 focus subsequent agreement that arises as a result of the I have audited the accompanying financial statements of Landcom (the Corporation), which comprise\nareas identified by the NSW Cyber Security Policy exercise of the option. the Directors' Declaration, the Statement of Comprehensive Income for the year ended 30 June 2022,\n• established membership with the Australian Cyber New Public Interest Disclosures (PID) Act 2022 the Statement of Financial Position as at 30 June 2022, the Statement of Changes in Equity and the\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- Management and activities: Schedule 1 Annual Reports Exemption subject\n• nature and range of activities (Statutory Bodies) Regulation to a condition that Payment of accounts: Schedule 1 Annual Reports This exemption only\n• measures and indicators of performance 2015 comments and • performance in paying accounts, including action (Statutory Bodies) Regulation applies to statutory\n• internal and external performance reviews information relating to improve payment performance 2015 state-owned\n• benefits from management and strategy reviews to ‘management corporations as they\n• management improvement plans and and activities’ are are not subject to the\nachievements to be disclosed in a payment of accounts\n• major problems and issues summarised form. provisions in s.13 of\n• major works in progress, cost to date, estimated the Public Finance and\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- 2015\n• completed research including resources (Statutory Bodies) Regulation\nallocated, and 2015 Report on risk management and insurance activities Schedule 1 Annual Reports Exemption subject\n• continuing research and development activities, (Statutory Bodies) Regulation to a condition that\nincluding resources allocated unless that 2015 the comments and\ninformation could adversely affect operations. information are to\nbe disclosed in a\nHuman resources: Schedule 1 Annual Reports - summarised form.\n• number of employees by category and (Statutory Bodies) Regulation\ncomparison with prior three years 2015 Disclosure of controlled entities: Schedule 1 Annual Reports Exemption subject to\n• exceptional movements in employee wages, • details of names, objectives, operations, (Statutory Bodies) Regulation a condition that the\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- [Page 3]\nContents\nLetter to Shareholder Ministers 3 Disability inclusion action plans 55\nWork health and safety 55\nChair’s review 4\nLegislation 57\nCEO’s review 6 Disclosure of approved exemptions 57\nOverview 8 Public access to information and the\nprotection of privacy 58\nOur organisation 8\nInternal audit and risk management 62\nOur customers 11\nMiscellaneous activities 64\nOur goals 12\nOur values 12 Sustainability 66\nOur principal objectives and functions 13 Modern slavery reporting 66\nOur projects 14\nLandcom Financial statements 68\nFY24 economic and financial highlights 16\nManagement and structure 19 Appendices 122\nOur Board of Directors 20 Appendix 1 – Corporate governance 122\nOur Executive 26\nAppendix 2 – Modern Slavery Act 2018 (NSW)\nOur team 29\ndisclosures 126\nOur strategy 31\nAppendix 3 – Disclosure of approved exemptions 136\nMinisterial Statement of Priorities 31\n Source: `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)`\n\n## Key Issues, Risks, and Recommendations\n\n- [Page 142]\nS7\n2001 2017 2018 2019\n• Sustainability • Launched our • Committed to • First Climate\nembedded in Sustainability accelerated actions Active report\nour Act Places Strategy towards achieving a • First Climate Risk\n• 10 material issues, 2028 leadership target Management Plan\n4 30 le + a t d a e rg rs e h t i s p goals, f e o m r i c s a si r o b n o s n-neutral • C Re lim sil a ie te n c C e h G an a g p e A & n a lysis\n2023 2022 2021 2020\n• Delivered first all- • Transition Risk • Initiated financial • First Modern\nelectric community Business Case implications modelling of Slavery Statement\n(Panorama at • Reconciliation Action selected climate-related • Adopted the TCFD\nNorth Wilton) Plan launch transition risks over the Recommendations & First\n• New sustainability • Australian Government next 20 years Disclosure\n Source: `annual-reports/2025.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)`\n- 2001 2017 2018 2019\n• Sustainability • Launched our • Committed to • First Climate\nembedded in Sustainability accelerated actions Active report\nour Act Places Strategy towards achieving a • First Climate Risk\n• 10 material issues, 2028 leadership target Management Plan\n4 30 le + a t d a e rg rs e h t i s p goals, f e o m r i c s a si r o b n o s n-neutral • C Re lim sil a ie te n c C e h G an a g p e A & n a lysis\n2023 2022 2021 2020\n• Delivered first all- • Transition Risk • Initiated financial • First Modern\nelectric community Business Case implications modelling of Slavery Statement\n(Panorama at • Reconciliation Action selected climate-related • Adopted the TCFD\nNorth Wilton) Plan launch transition risks over the Recommendations & First\n• New sustainability • Australian Government next 20 years Disclosure\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)`\n- [Page 124]\nAppendices\nAppendix 1 - Corporate governance\nCompliance with governance • Tenure for board directors should generally be\nprinciples and disclosure limited to two terms of three years each.\nrequirements The Board notes that the recommendation\nfor membership of the Board’s Audit & Risk\nManagement Committee should include at least\nThe NSW Treasury policy and guidelines paper\none member with relevant qualifications and\n‘Guidelines for Governing Boards of Government\nexperience (that is, a qualified accountant or\nBusinesses TPP17–10’ (TPP17-10) provides a\nother finance professional with experience of\nframework for the NSW Government’s expectations\nfinancial and accounting matters), to ensure\nfor standards of corporate governance that should be\nindependence and effectiveness.\n Source: `annual-reports/2024.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf)`\n- Membership of the Committee as at 30 June\nMembership of the Audit & Risk Management 2025 consists of:\nCommittee as at 30 June 2025 consists of:\n• Trent Alston (Chair); and\n• Kieran Pryke (Committee Chair); • The Hon Craig Knowles AM.\n• Ashley Mason; and The Committee operates under a Charter and is\n• Susan MacDonald. responsible for making recommendations to the\nThe Committee operates under a Charter and Board on:\nits role includes oversight and review of the • Board composition: Developing a composition\neffectiveness of: framework for the Board that includes the\n• Systems of internal control of Landcom; right mix of diversity, skills and expertise,\ntenure and cohesion to fulfill its responsibilities\n• External accountability, reporting and financial\nto Landcom and makes appropriate\nmanagement;\nrecommendations to Government for new\n• The work health and safety framework;\n Source: `annual-reports/2025.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf)`\n- [Page 30]\nBoard of Directors\nPeter Roberts John Barbeler Professor Pamela Hanrahan\nChair - Independent Non-executive Director Independent Non-executive Director\nIndependent Non-executive Director Appointed to the Board in March 2018 Appointed to the Board in October 2018\nAppointed to the Board in April 2018\nAppointed as Chair in April 2021\nCommittee Appointments: Committee appointments: Committee appointments:\nMember of the Audit & Risk Management Committee Chair of the Audit & Risk Management Committee Chair of the People & Culture Committee\nMember of the People & Culture Committee Member of the People & Culture Committee Member of the Audit & Risk Management Committee\nPeter has more than 30 years’ experience in finance, John has held Chief Financial Officer and business Professor Hanrahan is a lawyer and legal academic\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- The more significant risks relating to the + Gain recognised in other comprehensive income (2,761) (1,865)\ndefined benefits are:\n(-) Employer contributions (1,015) (1,101)\n• Investment risk - The risk that investment returns will be lower than assumed and the Employer will need to\nNet defined benefit liability 11,266 14,553\nincrease contributions to offset this shortfall;\n• Longevity risk – The risk that pensioners live longer than assumed, increasing future pensions;\n• Pension indexation risk – The risk that pensions will increase at a rate greater than assumed, increasing future 2021 2020\npensions; Reconciliation of the total defined benefit obligation $'000 $'000\n• Salary growth risk - The risk that wages or salaries (on which future benefit amounts for active members will be\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- Board and Board Committee attendance (FY21)\nCorporate governance\nAudit & Risk Management People & Culture\nDirector Board Committee Committee\nCompliance with governance principles and The Board is accountable to our Shareholder and\ndisclosure requirements Portfolio Ministers for the performance of Landcom and A B A B A B\nthe delivery of our Strategic Directions, the Statement\nThe NSW Treasury policy and guidelines paper of Corporate Intent under the State Owned Corporations Peter Roberts 10 10 6 6 4 4\n‘Guidelines for Governing Boards of Government Act and the Statement of Priorities under the Landcom (Chair)\nBusinesses TPP17-10’ (TPP17-10) provides a framework Corporation Act.\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- After the brief successful\nactive construction projects is well below the industry risks identified.\nreturn to work in February 2021, all staff returned to Health Safety & Environment Management\naverage.\nworking from home from June 2021 to February 2022 Systems The Lead Indicators table at Figure 3, shows how many\nsite inspections, toolbox talks, safety observations,\n• we established COVIDSafe protocols and Our Internal Audit team audited projects that Lead Safety Indicators\nenvironmental observations and unsafe observations we\ncommunicated updates to all Staff on a weekly basis commenced after 1 July 2021 against the integrated Landcom measures lead indicators to demonstrate carried out to support a safe environment at our projects\nto ensure compliance with the NSW Public Health Health, Safety & Environment Management System our commitment to Health, Safety & Environment.\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- April 2018 October 2018.\n• Appointed as Chair in April 2021 • Appointed as Deputy Chair in Committee Appointments: Committee Appointments: Committee Appointments: Committee Appointments:\nMarch 2022. • Member of the People & Culture • Chair of Audit & Risk Management • Member of the Audit & Risk • Member of the People & Culture\nCommittee Appointments:\nCommittee Committee Management Committee Committee\nCommittee Appointments:\n• Member of the People & Culture\nCommittee • Chair of the People & Culture Trent Alston has spent over 30 John has held Chief Financial Officer Susan has over 30 years of domestic As EY’s Managing Partner, Real Estate\nCommittee years in the real estate industry with and business leadership positions in and international experience in & Construction in Oceania, Selina is a\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- The Audit and Risk Management Committee\n2.5% pa thereafter 2.0% pa has responsibility for overseeing and monitoring of compliance with policies.\n(a) Financial instrument categories\nSensitivity analysis - AASB 1056\nCarrying amount Carrying amount\nAccrued benefits under AASB 1056 are subject to multiple variables including impacts of events such as COVID-19\nJun 2022 Jun 2021\npandemic and economic assumptions.\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- 1 July 2021 30 June 2022\nThe Board oversees and annually reviews that an effective Enterprise Risk Management Framework is in operation\nFemale 33% 50% and has delegated to management responsibility for risk management activities, following a Three Lines Model:\nMale 67% 50% • Line 1 — Ownership: owning and managing risk through management controls and internal control measures such\nas internal policies and procedures\n• Line 2 — Oversight: monitoring of risk through our risk management, compliance and safety functions, and\nBoard Committees\n• Line 3 — Assurance: independent assurance through an internal audit function.\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- Management and activities: Schedule 1 Annual Reports Exemption subject\n• nature and range of activities (Statutory Bodies) Regulation to a condition that Payment of accounts: Schedule 1 Annual Reports This exemption only\n• measures and indicators of performance 2015 comments and • performance in paying accounts, including action (Statutory Bodies) Regulation applies to statutory\n• internal and external performance reviews information relating to improve payment performance 2015 state-owned\n• benefits from management and strategy reviews to ‘management corporations as they\n• management improvement plans and and activities’ are are not subject to the\nachievements to be disclosed in a payment of accounts\n• major problems and issues summarised form. provisions in s.13 of\n• major works in progress, cost to date, estimated the Public Finance and\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- [Page 5]\nContents\nLetter to Shareholder Ministers 7 Management and accountability 32\nLeadership and organisation structure 32\nDeputy Chair’s review 8\nLeadership skills development 36\nCEO’s review 10 Workforce diversity performance 37\nAffordable housing 10 Disability inclusion action plans 38\nDelivering for regional NSW 11 Work health and safety 38\nDelivering diverse, liveable communities 11 Legislation 39\nLeading in environmental and social sustainability 11 Disclosure of approved exemptions 39\nCloser to home 11 Public access to information and the\nprotection of privacy 40\nOverview 12\nInternal audit and risk management 45\nOur organisation 12\nMiscellaneous activities 46\nOur goals, priorities and values 13\nOur projects 16 Sustainability 47\nFY23 economic and financial highlights 18 Taskforce for Climate Related Financial\nDisclosures Progress 47\nAwards and recognition 20\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- [Page 19]\nOperations and Management and Financial\nAppendix Introduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\n$68.1m\nreturned to NSW Government\n(FY23 income tax equivalents and dividend declared)\n$60.2m $276.7m\nnet profit after tax sales revenue\n$13.7m\n2,313\n$\ndividend paid\nhome sites settled\n(in relation to 2022 results)\nWe are a proud GRESB Real Estate We undertake\nCarbon Neutral Assessment ranked transparent sustainability\nLandcom in the reporting under\nOrganisation,\ntop four most Global Reporting\ncertified under the\nClimate Active Carbon sustainable Initiative Standard\nNeutral Standard* residential (GRI)\ndevelopment\n* Certified by Climate Active, under\nthe Carbon Neutral Standard.\norganisations\nFor more information refer to\nour Sustainability Report.\nin Oceania\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n\n## Corporate Values and Operating Culture\n\n- [Page 86]\nOperations and Management and Financial\nIntroduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\nNotes to the Financial Statements\n21 Superannuation (continued)\n30 June 30 June\n2023 2022\nReconciliation of the Total Defined Benefit Obligations $’000 $’000\nPresent value of defined benefit obligations at start of the year 29,044 34,844\nCurrent service cost 14 54\nInterest cost 1,476 1,047\nContributions by participants 30 44\nActuarial gains arising from changes in financial assumptions (639) (6,113)\nActuarial losses arising from liability experience 173 793\nBenefits paid (1,432) (1,561)\nTaxes, premium and expenses paid (63) (64)\nPresent value of defined benefit obligations at end of the year 28,603 29,044\n30 June 30 June\n2023 2022\nReconciliation of the Fair Value of Fund Assets $’000 $’000\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- This is in accordance with Treasury Circular 21-03 Accounting for Long Service Leave and Land tax 8,531 12,900\nAnnual Leave. (Recovery of)/allowance for expected credit losses (108) 157\nSuperannuation Adjustment of inventories to net realisable value 3,179 2,015\nLandcom has an obligation for the defined benefit contribution which becomes payable on retirement of staff.\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- The more significant risks relating to the + Gain recognised in other comprehensive income (2,761) (1,865)\ndefined benefits are:\n(-) Employer contributions (1,015) (1,101)\n• Investment risk - The risk that investment returns will be lower than assumed and the Employer will need to\nNet defined benefit liability 11,266 14,553\nincrease contributions to offset this shortfall;\n• Longevity risk – The risk that pensioners live longer than assumed, increasing future pensions;\n• Pension indexation risk – The risk that pensions will increase at a rate greater than assumed, increasing future 2021 2020\npensions; Reconciliation of the total defined benefit obligation $'000 $'000\n• Salary growth risk - The risk that wages or salaries (on which future benefit amounts for active members will be\n Source: `annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)`\n- These were also balanced with staff February 2022 we continually monitored and adapted meet its existing target of 10 per cent of affordable outcomes by 2028\npreference. our approach to staff wellbeing. housing in metropolitan NSW\n• Healthy & Inclusive Places to enhance Landcom’s\n2. expand the focus of Landcom’s business to regional\nThroughout the COVID-19 pandemic, eight surveys were Landcom supported its staff with additional initiatives international status for delivering world class liveable\nNSW and build a portfolio of projects in regional NSW\nconducted to ascertain staff wellbeing, productivity, over and above the existing wellbeing programs of places, founded on equity, affordability and inclusion by\nby mid-2024\nease of using technology and system enhancements, Employee Assistance Program, wellness sessions, 2036\n3. raise the target of affordable housing, including rental\n Source: `annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)`\n- [Page 5]\nContents\nLetter to Shareholder Ministers 7 Management and accountability 32\nLeadership and organisation structure 32\nDeputy Chair’s review 8\nLeadership skills development 36\nCEO’s review 10 Workforce diversity performance 37\nAffordable housing 10 Disability inclusion action plans 38\nDelivering for regional NSW 11 Work health and safety 38\nDelivering diverse, liveable communities 11 Legislation 39\nLeading in environmental and social sustainability 11 Disclosure of approved exemptions 39\nCloser to home 11 Public access to information and the\nprotection of privacy 40\nOverview 12\nInternal audit and risk management 45\nOur organisation 12\nMiscellaneous activities 46\nOur goals, priorities and values 13\nOur projects 16 Sustainability 47\nFY23 economic and financial highlights 18 Taskforce for Climate Related Financial\nDisclosures Progress 47\nAwards and recognition 20\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- [Page 19]\nOperations and Management and Financial\nAppendix Introduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\n$68.1m\nreturned to NSW Government\n(FY23 income tax equivalents and dividend declared)\n$60.2m $276.7m\nnet profit after tax sales revenue\n$13.7m\n2,313\n$\ndividend paid\nhome sites settled\n(in relation to 2022 results)\nWe are a proud GRESB Real Estate We undertake\nCarbon Neutral Assessment ranked transparent sustainability\nLandcom in the reporting under\nOrganisation,\ntop four most Global Reporting\ncertified under the\nClimate Active Carbon sustainable Initiative Standard\nNeutral Standard* residential (GRI)\ndevelopment\n* Certified by Climate Active, under\nthe Carbon Neutral Standard.\norganisations\nFor more information refer to\nour Sustainability Report.\nin Oceania\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- [Page 42]\nOperations and Management and Financial\nIntroduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\nTable C – Invalid applications\nReason for invalidity Number of applications\nApplication does not comply with formal requirements (Section 41 of the Act) 0\nApplication is for excluded information of the agency (Section 43 of the Act) 0\nApplication contravenes restraint order (Section 110 of the Act) 0\nTotal number of invalid applications received 0\nInvalid Applications that subsequently became valid applications 0\nTable D – Conclusive presumption of overriding public interest against disclosure: matters listed in\nSchedule 1 of the Act\nNumber of times\nconsideration used **\nOverriding secrecy laws 0\nCabinet information 0\nExecutive Council information 0\nContempt 0\nLegal professional privilege 0\nExcluded information 0\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n- [Page 64]\nOperations and Management and Financial\nIntroduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\nNotes to the Financial Statements\nWorking capital management\n8 Cash and cash equivalents\n30 June 30 June\n2023 2022\n$’000 $’000\nCash at bank and on hand 283,780 310,129\nRestricted cash 3,998 7,807\n287,778 317,936\n(i) Recognition and measurement\nCash and cash equivalents comprise cash at bank that is subject to insignificant risk of changes in value.\n Source: `annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)`\n\n## Global Ideas and Case Study Inputs\n\n_No global-intelligence source text found yet. Run `CLAUDE/global-ideas-scraper.py ` to populate case-study sources._\n\n## Source Artifacts Used\n\n- `annual-reports/2021.pdf` - annual-reports - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf\n- `annual-reports/2022.pdf` - annual-reports - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf\n- `annual-reports/2023.pdf` - annual-reports - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf\n- `annual-reports/2024.pdf` - annual-reports - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2024-Annual-Report.pdf\n- `annual-reports/2025.pdf` - annual-reports - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf\n- `strategies/Landcom-Innovate-RAP-Innovate-Reconciliation-Action-Plan.pdf` - strategies - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Reconciliation-Action-Plan/Landcom-Innovate-RAP-Innovate-Reconciliation-Action-Plan.pdf\n- `strategies/Reflect-Reconciliation-Action-Plan_20230905.pdf` - strategies - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Reconciliation-Action-Plan/Reflect-Reconciliation-Action-Plan_20230905.pdf\n- `pages/about.html` - pages - https://www.landcom.com.au/about-us\n- `pages/annual-reports-index.html` - pages - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf\n- `pages/contact.html` - pages - https://www.landcom.com.au/contact\n- `pages/homepage.html` - pages - https://www.landcom.com.au/\n- `pages/media-releases-index.html` - pages - https://www.landcom.com.au/news-and-insights/news\n- `pages/media-releases-index__00.html` - pages - https://www.landcom.com.au/news-and-insights/news\n- `pages/media-releases-index__06.html` - pages - https://www.landcom.com.au/news-and-insights/news/plans-released-for-stage-1-of-east-lismores-400-home-future-community\n- `pages/news-latest.html` - pages - https://www.landcom.com.au/news-and-insights/news/bardia-barracks-to-support-nsw-veteran-community\n- `pages/priorities-index.html` - pages - https://www.landcom.com.au/what-we-do/housing\n- `pages/publications-index.html` - pages - https://www.landcom.com.au/about-us/corporate-publications\n- `other-pdfs/Statement-of-Corporate-Intent-FY25-26.pdf` - other-pdfs - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Statement-of-Corporate-Intent/Statement-of-Corporate-Intent-FY25-26.pdf\n- `other-pdfs/Landcom-Housing-Policy-20-December-2023.pdf` - other-pdfs - https://www.landcom.com.au/assets/Uploads/Housing/Landcom-Housing-Policy-20-December-2023.pdf\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pdf` - other-pdfs - https://landcom.com.au/assets/Uploads/Footer/Privacy-Management-Policy-V1-27-November-2023.pdf\n- `other-pdfs/2024_Landcom_Sustainability_Report.pdf` - other-pdfs - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf\n- `other-pdfs/2025-Sustainability-Report.pdf` - other-pdfs - https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2025-Sustainability-Report.pdf\n\n## Gaps To Fix\n\n- No corporate plan text source found.\n- No global comparison/case-study sources found.", "legislation_md": "# Landcom - Acts and Legislation Discovery\n\n**Generated at**: 2026-05-09T21:30:12.385737+00:00\n**Entity ID**: S-NSW-066\n**Jurisdiction**: NSW\n**Portfolio**: \n\n> This is an evidence-based discovery list from scraped department material. A mention does not always mean the department administers the legislation; high-confidence and official register links should be reviewed.\n\n## Summary\n\n- Source files scanned: 22\n- Unique legislation references found: 107\n\n| Type | Count |\n|---|---:|\n| Act | 95 |\n| Regulation | 12 |\n\n## Legislation References\n\n### Modern Slavery Act 2018\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 37\n**Register search**: https://legislation.nsw.gov.au/search?query=Modern+Slavery+Act+2018\n\n**Sources**:\n- `pages/publications-index.html`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n\n**Evidence contexts**:\n- ity centre guidelines\nView document\nCommunity centre factsheet\nView document\nSee all\nOther publications\nWork, Health and Safety\nView document\nModern Slavery\nView our Human Rights Remediation Guide\nView document\nView FY25 Modern Slavery Statement\nView document\nModern Slavery Act 2018 (NSW)\nFY25 Guidance on reasonable steps annual reporting\nView document\nFollow Landcom on social media\n Source: `pages/publications-index.html`\n- d a new obligation on State Owned\nNew South Wales are not compromised in their roles by:\ndecision confirms that the scope of the duty of care that Corporations to make modern slavery statements under\na developer owes to an owner of land is much wider than the Modern Slavery Act 2018 (Cth), an obligation with\n• providing that only Parliament, and not the executive government, can remove an\nmany construction industry participants had anticipated which Landcom already complies. The main impact on\nAuditor-General\nwhen the DBP Act came into f\n Source: `annual-reports/2022.pages.jsonl`\n- gement 45\nOur organisation 12\nMiscellaneous activities 46\nOur goals, priorities and values 13\nOur projects 16 Sustainability 47\nFY23 economic and financial highlights 18 Taskforce for Climate Related Financial\nDisclosures Progress 47\nAwards and recognition 20\nModern Slavery Act 2018 47\nManagement and structure 21\nFinancial performance 48\nOur strategy 26\nIndependent Auditor’s Report 48\nMinisterial Statement of Priorities 26\nDirectors’ declaration 52\nMaking a bigger difference – a new strategic plan 26\nFinancial statements and notes 53\nPer\n Source: `annual-reports/2023.pages.jsonl`\n- s 13 Modern slavery reporting 66\nOur projects 14\nLandcom Financial statements 68\nFY24 economic and financial highlights 16\nManagement and structure 19 Appendices 122\nOur Board of Directors 20 Appendix 1 – Corporate governance 122\nOur Executive 26\nAppendix 2 – Modern Slavery Act 2018 (NSW)\nOur team 29\ndisclosures 126\nOur strategy 31\nAppendix 3 – Disclosure of approved exemptions 136\nMinisterial Statement of Priorities 31\nAppendix 4 – Compliance checklist 137\nFY24–29 Strategic Plan 32\nPerformance monitoring and reporting 33 Appendix 5 – In\n Source: `annual-reports/2024.pages.jsonl`\n- Australia,\nreport our contribution to the Sustainable Development Goals, and have been\naddressing Human Rights and Modern Slavery as part of our Sustainable Places\nStrategy since 2017.\nAs a NSW state-owned corporation with dual reporting obligations under\nthe Modern Slavery Act 2018 (Cth) and the Modern Slavery Act 2018 (NSW),\nour approach continues to be informed by guidance published by state and\nCommowealth entities.\nThe Modern Slavery Act 2018 (Cth) requires entities with an annual consolidated\nrevenue of $100 million or more based o\n Source: `annual-reports/2024.pages.jsonl`\n\n### Government Sector Finance Act 2018\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 26\n**Register search**: https://legislation.nsw.gov.au/search?query=Government+Sector+Finance+Act+2018\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n\n**Evidence contexts**:\n- details the performance, operations and financial results of Landcom and has been prepared in accordance\nwith section 24A of the State Owned Corporations Act 1989 (NSW), the Annual Reports (Statutory Bodies) Act 1984\n(NSW) and the applicable provisions of the Government Sector Finance Act 2018 (NSW).\nYours sincerely\nPeter Roberts John Barbeler\nChair Director\nThe Mob by Auntie Eda Watson & Jane Cavanough, Bungarribee\nIV Landcom Annual Report 2021 Landcom Annual Report 2021 1\n\n[page 4]\nChair\nand CEO’s\nreviews\nPeter Roberts\nChair\nJohn Brogden\nChief Ex\n Source: `annual-reports/2021.pages.jsonl`\n- g:\nAs of 1 January 2021, monetary thresholds for FIRB • have been prepared in accordance with Australian Accounting Standards and the applicable\n• A 12-month extension of the HomeBuilder reviews were lowered as follows: financial reporting requirements of the Government Sector Finance Act 2018 (GSF Act), the\nconstruction commencement period for existing Government Sector Finance Regulation 2018 (GSF Regulation)\napplicants; • For developed commercial land that is not sensitive\nland—$281 million (indexed from $275 million pre-29 • presents fairly the\n Source: `annual-reports/2021.pages.jsonl`\n- ted at the Auditing\nand Assurance Standards Board website at: www.auasb.gov.au/auditors_responsibilities/ar6.pdf . The\ndescription forms part of my auditor’s report.\nThe scope of my audit does not include, nor provide assurance:\nPursuant to Section 7.6 of the Government Sector Finance Act 2018, we state that in the opinion of the Directors\nof Landcom:\n• that the Corporation carried out its activities effectively, efficiently and economically\n(a) The financial statements:\n• about the security and controls over the electronic publication of the audit\n Source: `annual-reports/2021.pages.jsonl`\n- tware, a\n• Applicable Australian Accounting Standards (which include Australian Accounting Interpretations); prepayment asset is recognised and amortised over the term of the arrangement, otherwise the costs are expensed\nimmediately.\n• The requirements of the Government Sector Finance Act 2018 and Government Sector Finance Regulation 2018;\nand Landcom’s accounting policy has been to capitalise all software implementation costs for SaaS arrangements as\n• Mandated Treasurer’s Directions issued under the Government Sector Finance Act 2018. intangible\n Source: `annual-reports/2021.pages.jsonl`\n- ments of the Government Sector Finance Act 2018 and Government Sector Finance Regulation 2018;\nand Landcom’s accounting policy has been to capitalise all software implementation costs for SaaS arrangements as\n• Mandated Treasurer’s Directions issued under the Government Sector Finance Act 2018. intangible assets in the Statement of Financial Position. The adoption of the above interpretation has resulted in\na reclassification of Oracle software from intangible assets to prepayments for $0.8m, and to expense for $1.7m.\nProperty, plant and equipment\n Source: `annual-reports/2021.pages.jsonl`\n\n### State Owned Corporations Act 1989\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 25\n**Register search**: https://legislation.nsw.gov.au/search?query=State+Owned+Corporations+Act+1989\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- `other-pdfs/Statement-of-Corporate-Intent-FY25-26.pages.jsonl`\n\n**Evidence contexts**:\n- ou the Annual Report for Landcom for the year ended 30 June 2021 for presentation to\nthe Parliament of New South Wales.\nThe report details the performance, operations and financial results of Landcom and has been prepared in accordance\nwith section 24A of the State Owned Corporations Act 1989 (NSW), the Annual Reports (Statutory Bodies) Act 1984\n(NSW) and the applicable provisions of the Government Sector Finance Act 2018 (NSW).\nYours sincerely\nPeter Roberts John Barbeler\nChair Director\nThe Mob by Auntie Eda Watson & Jane Cavanough, Bungarribee\nIV\n Source: `annual-reports/2021.pages.jsonl`\n- tangible asset if they meet the\nThese general purpose financial statements have been prepared on an accrual basis and in accordance with:\nrecognition criteria. If the recognition criteria for an intangible asset is not met but the SaaS supplier provides the\n• The State Owned Corporations Act 1989; implementation service and their service is not distinct from the underlying use of the SaaS application software, a\n• Applicable Australian Accounting Standards (which include Australian Accounting Interpretations); prepayment asset is recognised and amorti\n Source: `annual-reports/2021.pages.jsonl`\n- de at or before the\nrecognises dividends in accordance with the Financial Distribution Policy for Government Business TPP16-04 and commencement date and lease incentives, any initial direct costs incurred, and estimated costs of dismantling\nSection 20S of the State Owned Corporations Act 1989. The Shareholding Ministers have accepted and authorised the and removing the asset or restoring the site. The right-of-use assets are subsequently measured at cost. They are\ndividend recommendation for the 2020-21 financial year of $10.8m. depreciated on a s\n Source: `annual-reports/2021.pages.jsonl`\n- ou the Annual Report for Landcom for the year ended 30 June 2022 for presentation to\nthe Parliament of New South Wales.\nThe report details the performance, operations and financial results of Landcom and has been prepared in accordance\nwith section 24A of the State Owned Corporations Act 1989 (NSW), the Annual Reports (Statutory Bodies) Act 1984\n(NSW) and the applicable provisions of the Government Sector Finance Act 2018 (NSW)\nYours sincerely\nPeter Roberts John Barbeler\nChair Director\nVI Landcom Annual Report 2022 Landcom Annual Report 2022 1\n\n[p\n Source: `annual-reports/2022.pages.jsonl`\n- ion in the current or future reporting periods and on foreseeable future transactions.\n1.2 Basis of preparation\n2 Revenue from contracts with customers\nThese general purpose financial statements have been prepared on an accrual basis in accordance with:\n• the State Owned Corporations Act 1989 30 June 30 June\n• applicable Australian Accounting Standards (which include Australian Accounting Interpretations) 2022 2021\n$’000 $’000\n• the requirements of the Government Sector Finance Act 2018 and Government Sector Finance Regulation 2018,\nand\nLand sales\n Source: `annual-reports/2022.pages.jsonl`\n\n### Landcom Corporation Act 2001\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 23\n**Register search**: https://legislation.nsw.gov.au/search?query=Landcom+Corporation+Act+2001\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n**Evidence contexts**:\n- rting entity 1.4 Goods and Services Tax\nLandcom is a NSW Government statutory State Owned Corporation (the Corporation) established on 1 January Revenues, expenses and assets are recognised net of the amount of goods and services tax (GST) except:\n2002 by the Landcom Corporation Act 2001 and is controlled by the State of New South Wales, which is the ultimate\ni. Where the amount of GST incurred is not recoverable from the Australian Taxation Office (ATO), it is recognised\nparent. The Corporation operates under the commercial disciplines of th\n Source: `annual-reports/2021.pages.jsonl`\n- s (continued)\n1.1 Reporting Entity 1.5 New or revised Australian accounting standards\nLandcom is a NSW Government statutory State Owned Corporation (the Corporation) established on 1 January (i) New and amended standards adopted by the Corporation\n2002 by the Landcom Corporation Act 2001 and is controlled by the State of New South Wales, which is the ultimate\nThe accounting policies applied for the year ended 30 June 2022 are consistent with those of the previous financial\nparent. The Corporation operates under the commercial disciplines of t\n Source: `annual-reports/2022.pages.jsonl`\n- ual Report 2022 105\n\n[page 57]\nCorporate Appendix\ndirectory\nCorporate governance\nThe current and previous Annual\nReports can be downloaded at: Compliance with governance principles and Board of Directors\nwww.landcom.com.au/publications disclosure requirements The Landcom Corporation Act 2001 (NSW) requires\nFor general enquiries contact: The NSW Treasury policy and guidelines paper Landcom’s Board to consist of seven Directors.\ninfo@landcom.nsw.gov.au ‘Guidelines for Governing Boards of Government\nThe process of appointment of new Directors is the\n Source: `annual-reports/2022.pages.jsonl`\n- fice be followed by the Landcom Board and Management\napproach. If the Board considers any recommendation\nin the conduct of the affairs of Landcom and reflects\nLevel 14, 60 Station Street in TPP 17-10 not appropriate, or Landcom has not the requirements of the Landcom Corporation Act 2001\nParramatta NSW 2150 adopted the recommendation, the Board must explain (NSW) and the State Owned Corporations Act 1989\nPO Box 237 ‘why not’, and explain how its practices are consistent (NSW).\nParramatta NSW 2124 with the spirit of the relevant recommendation\n Source: `annual-reports/2022.pages.jsonl`\n- ng criteria, and relevant policies and procedures to prepare the selected subject matter and associated data,\n24 October 2022\nagainst which to evaluate the content of the Report. This included reference to Landcom’s principal objectives and function under the\nLandcom Corporation Act 2001 and Report on Operations disclosure requirements under section 24A of the State Owned Corporations Act\n1989 and the Annual Reports (Statutory Bodies) Act 1984.\nRespective responsibilities\n• LLaannddccoomm management is responsible for the preparation and pres\n Source: `annual-reports/2022.pages.jsonl`\n\n### Government Information (Public Access) Act 2009\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 17\n**Register search**: https://legislation.nsw.gov.au/search?query=Government+Information+%28Public+Access%29+Act+2009\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n**Evidence contexts**:\n- l;\n• Purpose/s for which proceeds were used; and\nReport of operations • Statement indicating that access to the\ndocuments relating to the disposal can be\nAnnual reporting exemptions Act/regulation references Comments obtained under the Government Information\n(Public Access) Act 2009.\nSummary review of operations: Schedule 1 Annual Reports Exemption subject to a\n• Narrative summary of significant operations; and (Statutory Bodies) condition that comments Consumer responses: Schedule 1 Annual Reports Exemption subject to a\n• Selected finan\n Source: `annual-reports/2021.pages.jsonl`\n- Act 2009 (formal access applications)\nwas collected\n• protect privacy, with targeted training provided to During the reporting period, Landcom received one\nthose staff who handle personal information formal access application under the Government\nInformation (Public Access) Act 2009 (NSW) which\n• only disclose personal information to third parties if:\nwas immediately withdrawn as it had been made to\n– in accordance with the collection notice provided the wrong public authority.\n– we are authorised or required to by law The following tabl\n Source: `annual-reports/2023.pages.jsonl`\n- 023 Annual Report 43\n\n[page 44]\nOperations and Management and Financial\nIntroduction Overview Our strategy Sustainability Appendix\nperformance accountability performance\nAuthorised proactive release of information under section 7(3) of Government Information\n(Public Access) Act 2009 (NSW) (GIPA Act)\nUnder section 7 of the Government Information (Public Access) Act 2009 (NSW), agencies must identify the kinds of\ngovernment information that can be made publicly available at least every 12 months.\nLandcom’s program for the proactive release\n Source: `annual-reports/2023.pages.jsonl`\n- rview Our strategy Sustainability Appendix\nperformance accountability performance\nAuthorised proactive release of information under section 7(3) of Government Information\n(Public Access) Act 2009 (NSW) (GIPA Act)\nUnder section 7 of the Government Information (Public Access) Act 2009 (NSW), agencies must identify the kinds of\ngovernment information that can be made publicly available at least every 12 months.\nLandcom’s program for the proactive release of information involves regularly updating the Landcom website and\nindividual project w\n Source: `annual-reports/2023.pages.jsonl`\n- n responsible for\napproving the disposal,\n• statement giving reasons for the disposal,\n• purpose/s for which proceeds were used, and\n• statement indicating that access to the documents\nrelating to the disposal can be obtained under the\nGovernment Information (Public Access) Act 2009.\nConsumer responses: Schedule 1 Annual Reports Exemption subject\n• extent and main features of complaints, and (Statutory Bodies) to a condition that\nRegulation 2015 comments and\n• services improved/changed in response to\ninformation relating to\ncomplaints/ s\n Source: `annual-reports/2023.pages.jsonl`\n\n### Under the Landcom Corporation Act 2001\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 11\n**Register search**: https://legislation.nsw.gov.au/search?query=Under+the+Landcom+Corporation+Act+2001\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n\n**Evidence contexts**:\n- agement places that demonstrate global\nobjectives standards of liveability, resilience,\nStaff site tour to The Ponds inclusion, affordability and\nenvironmental quality\nOur organisation\nOur Strategic Directions\nLandcom is the NSW Government’s land and property Under the Landcom Corporation Act 2001, Landcom has\ndevelopment organisation. We are a State Owned seven principal objectives:\nCorporation that works with government and the private\n1. To be a successful business and, to this end:\nand not-for-profit sectors to deliver exemplary housing\nprojects th\n Source: `annual-reports/2021.pages.jsonl`\n- ough strong Bring an enterprising\n6. To assist the Government in achieving its urban deliver outcomes relationships spirit\nOur principal\nmanagement objectives; and\n7. To be a responsible developer of residential,\nobjectives and\ncommercial and industrial land.\nUnder the Landcom Corporation Act 2001, Landcom has\nfunction the following principal functions: Our Code of Conduct\n1. To undertake and participate in residential, Act with honesty and integrity in everything we do.\ncommercial, industrial and mixed development\nLandcom’s leadership intent is to cre\n Source: `annual-reports/2021.pages.jsonl`\n- ate excellence in\nand diversity of new housing development opportunities sustainable development\nand improve delivery and planning practice Our Strategic Directions\nOur principal objectives and function\nLandcom’s leadership intent is to create more affordable Under the Landcom Corporation Act 2001, Landcom has Housing Partnerships Leadership\nand sustainable communities. We act as a master the following principal functions:\ndeveloper, developer and builder where appropriate to 1. to undertake and participate in residential,\nachieve outcomes for our stak\n Source: `annual-reports/2022.pages.jsonl`\n- hin NgSW Government departmentsP aandr tnership pr s ojects Leadership\nexternal commercial entities to maximise our impact for\n2. to provide advice and services related to urban\nthe benefit of NSW communities.\ndevelopment, on a commercial basis, to government\nUnder the Landcom Corporation Act 2001, Landcom has agencies and others, and the following additional\nHow our people make it happen\nseven principal objectives: functions\n1. to be a successful business and, to this end: 3. to provide facilities or services that are ancillary or\na. to operate at lea\n Source: `annual-reports/2022.pages.jsonl`\n- er developer, developer and builder\nwhere appropriate to achieve outcomes for our 7. to be a responsible developer of residential,\nstakeholders. This includes partnerships with NSW commercial and industrial land.\nGovernment departments and external commercial\nUnder the Landcom Corporation Act 2001, Landcom\nentities to maximise our impact for the benefit of\nhas the following principal functions:\nNSW communities.\n1. to undertake and participate in residential,\nUnder the Landcom Corporation Act 2001, Landcom has\ncommercial, industrial and mixed\nseven prin\n Source: `annual-reports/2023.pages.jsonl`\n\n### Annual Reports (Statutory Bodies) Act 1984\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 9\n**Register search**: https://legislation.nsw.gov.au/search?query=Annual+Reports+%28Statutory+Bodies%29+Act+1984\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n\n**Evidence contexts**:\n- 021 for presentation to\nthe Parliament of New South Wales.\nThe report details the performance, operations and financial results of Landcom and has been prepared in accordance\nwith section 24A of the State Owned Corporations Act 1989 (NSW), the Annual Reports (Statutory Bodies) Act 1984\n(NSW) and the applicable provisions of the Government Sector Finance Act 2018 (NSW).\nYours sincerely\nPeter Roberts John Barbeler\nChair Director\nThe Mob by Auntie Eda Watson & Jane Cavanough, Bungarribee\nIV Landcom Annual Report 2021 Landcom Annual Report 2021\n Source: `annual-reports/2021.pages.jsonl`\n- unction under the\nday to day legal or other legal Public Interest Landcom Corporation Act 2001 and Report on Operations disclosure requirements under section 24A of the State Owned Corporations Act\nfunctions obligation Disclosures 1989 and the Annual Reports (Statutory Bodies) Act 1984.\nNumber of public officials making a public 0 0 0 Respective responsibilities\ninterest disclosure\n• LLaannddccoomm management is responsible for the preparation and presentation of the information within the Report. Landcom management\nNumber of Corrupt conduc\n Source: `annual-reports/2021.pages.jsonl`\n- 022 for presentation to\nthe Parliament of New South Wales.\nThe report details the performance, operations and financial results of Landcom and has been prepared in accordance\nwith section 24A of the State Owned Corporations Act 1989 (NSW), the Annual Reports (Statutory Bodies) Act 1984\n(NSW) and the applicable provisions of the Government Sector Finance Act 2018 (NSW)\nYours sincerely\nPeter Roberts John Barbeler\nChair Director\nVI Landcom Annual Report 2022 Landcom Annual Report 2022 1\n\n[page 5]\nChair and\nCEO’s reviews\nPeter Roberts Alexander\n Source: `annual-reports/2022.pages.jsonl`\n- nt of the Report. This included reference to Landcom’s principal objectives and function under the\nLandcom Corporation Act 2001 and Report on Operations disclosure requirements under section 24A of the State Owned Corporations Act\n1989 and the Annual Reports (Statutory Bodies) Act 1984.\nRespective responsibilities\n• LLaannddccoomm management is responsible for the preparation and presentation of the information within the Report. Landcom management\nis also responsible for the design, implementation, and maintenance of internal controls rele\n Source: `annual-reports/2022.pages.jsonl`\n- nt of the Report. This included reference to Landcom’s principal objectives and function under the\nLandcom Corporation Act 2001 and Report on Operations disclosure requirements under section 24A of the State Owned Corporations Act\n1989 and the Annual Reports (Statutory Bodies) Act 1984.\nRespective responsibilities\n(cid:120) LLaannddccoomm management is responsible for the preparation and presentation of the information within the Report. Landcom management\nis also responsible for the design, implementation, and maintenance of internal contr\n Source: `annual-reports/2023.pages.jsonl`\n\n### Government Sector Finance Regulation 2018\n\n**Type**: Regulation\n**Confidence**: high\n**Mentions**: 7\n**Register search**: https://legislation.nsw.gov.au/search?query=Government+Sector+Finance+Regulation+2018\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n\n**Evidence contexts**:\n- stralian Accounting Standards and the applicable\n• A 12-month extension of the HomeBuilder reviews were lowered as follows: financial reporting requirements of the Government Sector Finance Act 2018 (GSF Act), the\nconstruction commencement period for existing Government Sector Finance Regulation 2018 (GSF Regulation)\napplicants; • For developed commercial land that is not sensitive\nland—$281 million (indexed from $275 million pre-29 • presents fairly the Corporation's financial position, financial performance and cash flows.\n• An extra 10,000 places in th\n Source: `annual-reports/2021.pages.jsonl`\n- ting Standards (which include Australian Accounting Interpretations); prepayment asset is recognised and amortised over the term of the arrangement, otherwise the costs are expensed\nimmediately.\n• The requirements of the Government Sector Finance Act 2018 and Government Sector Finance Regulation 2018;\nand Landcom’s accounting policy has been to capitalise all software implementation costs for SaaS arrangements as\n• Mandated Treasurer’s Directions issued under the Government Sector Finance Act 2018. intangible assets in the Statement of Financial Position.\n Source: `annual-reports/2021.pages.jsonl`\n- nals. comply with the current Public Interest Disclosure Act financial reporting requirements of the Government Sector Finance Act 2018 (GSF Act), the\nLandcom has assessed its cyber security risks and is 1994 (NSW) until the new legislation commences and will Government Sector Finance Regulation 2018 (GSF Regulation) and the Treasurer's Directions\ndevelop an action plan to ensure that Landcom is fully\ncommitted to continuously improving the management • presents fairly the Corporation's financial position, financial performance and cash flows\ncompliant wi\n Source: `annual-reports/2022.pages.jsonl`\n- ed\nby the results of its operations and its cash flows for the year ended on that date;\n(ii) comply with Australian Accounting Standards, Australian Accounting Interpretations, the State Owned\nCorporations Act 1989, the Government Sector Finance Act 2018, the Government Sector Finance\nRegulation 2018 and Treasurer’s Directions mandated by the Treasurer.\n(b) We are not aware of any circumstances which would render any particulars included in the financial\nstatements to be misleading or inaccurate.\nCaroline Karakatsanis\n(c) At the date of this statement, th\n Source: `annual-reports/2022.pages.jsonl`\n- accordance with:\n• the State Owned Corporations Act 1989 30 June 30 June\n• applicable Australian Accounting Standards (which include Australian Accounting Interpretations) 2022 2021\n$’000 $’000\n• the requirements of the Government Sector Finance Act 2018 and Government Sector Finance Regulation 2018,\nand\nLand sales 52,051 88,628\n• mandated Treasurer’s Directions issued under the Government Sector Finance Act 2018.\nManaged land sales 97,527 58,657\nProperty, plant and equipment is recognised at fair value and subsequently measured at fair value less accumu\n Source: `annual-reports/2022.pages.jsonl`\n\n### Work Health and Safety Act 2011\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 7\n**Register search**: https://legislation.nsw.gov.au/search?query=Work+Health+and+Safety+Act+2011\n\n**Sources**:\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n**Evidence contexts**:\n- ies in\nwhich we operate.\nWe ensure that our HSE Policy remains effective and fit-for-purpose for the sectors and markets in which we\noperate, and positively influences HSE outcomes in everything we do.\nIncident statistics – Injuries and prosecutions under the Work Health and Safety Act 2011\nLost Time Injury Frequency Rate (LTIFR) – Employees 0\nLost Time Injury Frequency Rate – Contractors 2\nProsecutions under the Act, FY23 0\nConsolidated average contractor LTIFR across active construction sites*\n12\nIndustry benchmark for heavy and civil construc\n Source: `annual-reports/2023.pages.jsonl`\n- s on internal stairs\n• focus rooms to support those with noise\nsensitivity/neurodiverse needs\n• light dimming facilities and mood sonic/\nsound scaping to cater for diverse needs.\nIncident statistics – Injury frequency rates recorded and prosecutions under the Work Health and\nSafety Act 2011 (NSW)\nLost time injury frequency rate (LTIFR), FY24 – employees 0\nLost time injury frequency rate (LTIFR), FY24* – contractors 10.43**\nProsecutions under the Act, FY24 0\n* 12 months rolling LTIFR for appointed principal contractors during this reporting perio\n Source: `annual-reports/2024.pages.jsonl`\n- t the product of modern slavery\nwithin the meaning of the Modern\nSlavery Act 2018.\nWork Health and TPG23-10 • Statement setting out WHS Management and\nSafety performance. accountability >\nWork health and\n• Details of injuries and prosecutions\nsafety\nunder the Work Health and Safety\nAct 2011.\nWorkforce Diversity PSC Circular • Agencies must report statistics Management and\n2014-09 for both the representation and accountability\ndistribution of employees in > Workforce\ndiversity groups, in the same diversity\nformat as the report provided to perform\n Source: `annual-reports/2024.pages.jsonl`\n- , No, Page\nsection requirement requirement Compliance content NA)* reference\nSustainability Work Health and TPG25-10a • Overview of the agency’s WHS policies, Yes Pages 73\n(con’t) Safety procedures and supports. and 75\n• Total number of prosecutions under the\nWork Health and Safety Act 2011 (WHS Act),\ncompared to previous year.\n• Total number of notifiable incidents to\nSafeWork NSW under the WHS Act,\ncompared to previous year.\n• Number of reportable workers\ncompensation claims by category/\nmechanism of injury, compared to the\nprevious year.\nDisa\n Source: `annual-reports/2025.pages.jsonl`\n- ’s Supplier Code of Conduct\nto business relationships\n403-8 Workers covered by an\noccupational health and\nsafety management system\n403-9 Work-related injuries FY24 Annual Report, Incident statistics – injury frequency rates recorded\nand prosecutions under the Work Health and Safety Act 2011 (NSW)\n403-10 Work-related ill health N/A.\nWork-related ill health is not material to Landcom operations.\nGRI 404: Training and Education 2016 Location or comment\n404-3 Percentage of employees 100% of Landcom employees receive performance reviews and career\nre\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n\n### Health Records and Information Privacy Act 2002\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 6\n**Register search**: https://legislation.nsw.gov.au/search?query=Health+Records+and+Information+Privacy+Act+2002\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n**Evidence contexts**:\n- rdance with the collection notice provided;\ninformation of our customers, stakeholders, staff – We are authorised or required to by law;\nAssurance conclusion\nmembers and the general public. We are subject to the\n– We have verbal or written authority or we can\nHealth Records and Information Privacy Act 2002 (NSW) Based on our limited assurance procedures, nothing has come to our attention that causes us to believe that the Other Information in\nreasonably assume, in the circumstances, that the\nand voluntarily comply with the principles of the Privacy Landcom’s 20\n Source: `annual-reports/2021.pages.jsonl`\n- ersonal\nNumber of applications\nInformation (Public Access) Act 2009 information of our customers, stakeholders, staff\nDecided within the statutory timeframe (20 days plus any extensions) 0 (NSW) (GIPA Act) members and the general public. We are subject to the\nHealth Records and Information Privacy Act 2002 (NSW)\nDecided after 35 days (by agreement with applicant) 0 Under section 7 of the GIPA Act, agencies must identify\nand voluntarily comply with the principles of the Privacy\nthe kinds of government information that can be made\nNot decided within timeframe (de\n Source: `annual-reports/2022.pages.jsonl`\n- rsonal\n• improved the resources available in Landcom’s\ninformation of our customers, stakeholders, staff\nPrivacy Framework that provides Landcom staff\nmembers and the general public. We are subject to the\nwith access to the Privacy Policy, template collection\nHealth Records and Information Privacy Act 2002 (NSW)\nnotices, factsheets, checklists and links to the NSW\nand voluntarily comply with the principles of the Privacy\nprivacy legislation\nand Personal Information Protection Act 1998 (NSW). We\n• continued the delivery of online privacy awareness\nensure that we\n Source: `annual-reports/2023.pages.jsonl`\n- lan\nThis Privacy Management Plan (PMP) explains how Landcom manages personal and health\ninformation in line with NSW privacy laws, namely:\n• The Privacy and Personal Information Protection Act 1998 (NSW) (PPIP Act) which protects\n‘personal information’, and\n• The Health Records and Information Privacy Act 2002 (NSW) (HRIP Act) which protects\n‘health information’.\nSection 33 of the PPIP Act requires certain NSW government agencies like Landcom to have a\nPMP. Landcom’s PMP sets out our commitment to protect privacy for our purchasers and\nmembers of the public, applic\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- ental health\nor disability, or express wishes about future provision of health services, or a health service\nprovided or to be provided to them (See the definition in section 6 of the HRIP Act).\n• HPPs – Health Privacy Principles in the HRIP Act.\n• HRIP Act – Health Records and Information Privacy Act 2002 (NSW).\n• Investigative agencies – Various bodies that conduct work relevant to accountability and\noversight, such as the NSW Audit Office, Ombudsman, or the Independent Commission\nAgainst Corruption. The PPIP Act lists additional investigative agencies.\n• HSE\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n### State Records Act 1998\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 6\n**Register search**: https://legislation.nsw.gov.au/search?query=State+Records+Act+1998\n\n**Sources**:\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n**Evidence contexts**:\n- y as needed for employment-related functions. Some records, such as\nrecruitment-related records or learning and development records will at times be managed within\nan individual operating area, but with longer term storage and retention in accordance with our\nState Records Act 1998 (NSW) obligations.\nRecords are securely retained until they can legally be destroyed in accordance with specific\nprocedures made under the State Records Act 1998 (NSW).\nSome People & Culture practices that involve the collection, use and disclosure of persona\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- n\nan individual operating area, but with longer term storage and retention in accordance with our\nState Records Act 1998 (NSW) obligations.\nRecords are securely retained until they can legally be destroyed in accordance with specific\nprocedures made under the State Records Act 1998 (NSW).\nSome People & Culture practices that involve the collection, use and disclosure of personal and\nhealth information are governed by other laws in addition to privacy laws. They include the:\n• Government Sector Employment Act 2013 (NSW);\n• Federal Income\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- is kept no longer than necessary for the purposes it\ncan be used or legally required to be kept;\n• Dispose of it securely and in line with any requirements for retention and disposal (generally,\nas issued by the State Archives and Records Authority under the State Records Act 1998\n(NSW);\n• Use reasonable safeguards to protect the information against loss, unauthorised access;\nmisuse, modification or disclosure; and\nExternal Page 16 of 29\n\n[page 17]\nPrivacy Management Plan\n• If providing access to or giving personal information to one o\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- ups to ensure\nthat only relevant staff have access to information based on their role and need; and\n• Regular audits are undertaken to ensure the right access has been given to the right people.\nWe comply with the retention and destruction requirements of the State Records Act 1998 (NSW).\nThe records we create or receive have different retention periods, depending on the use for which\nthey were created or received. Accordingly, we have specific, built-in retention requirements for\nthe electronic document and records management system us\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- nts handling purposes;\n• When authorised or required by a court order, warrant or statutory notice, such as a Standing\nOrder 52, to produce;\n• If another law authorises or requires us to not comply, such as the Government Information\n(Public Access) Act 2009, State Records Act 1998 or the Public Interest Disclosure Act 2022;\n• In the case of health information, to lessen or prevent a serious threat to public health or safety;\n• Where there are any codes of practice or public interest directions relevant to Landcom which\nprovide an exemp\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n### Australian Accounting Standards, Australian Accounting Interpretations, the State Owned Corporations Act 1989\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 5\n**Register search**: https://legislation.nsw.gov.au/search?query=Australian+Accounting+Standards%2C+Australian+Accounting+Interpretations%2C+the+State+Owned+Corporations+Act+1989\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n\n**Evidence contexts**:\n- com as at 30 June 2021 and of its performance, as represented\nby the results of its operations and its cash flows for the year ended on that date;\n• about any other information which may have been hyperlinked to/from the financial statements.\n(ii) Comply with Australian Accounting Standards, Australian Accounting Interpretations, the State Owned\nCorporations Act 1989 (NSW), the Government Sector Finance Act 2018 (NSW), the Government Sector\nFinance Regulation 2018 and Treasurer’s Directions mandated by the Treasurer.\n(b) We are not aware of any circumstances which would render any particulars included in the financial\nsta\n Source: `annual-reports/2021.pages.jsonl`\n- tors\nof Landcom:\n(a) The financial statements:\n(i) present fairly the financial position of Landcom as at 30 June 2022 and of its performance, as represented\nby the results of its operations and its cash flows for the year ended on that date;\n(ii) comply with Australian Accounting Standards, Australian Accounting Interpretations, the State Owned\nCorporations Act 1989, the Government Sector Finance Act 2018, the Government Sector Finance\nRegulation 2018 and Treasurer’s Directions mandated by the Treasurer.\n(b) We are not aware of any circumstances which would render any particulars included in the financial\nstatements to b\n Source: `annual-reports/2022.pages.jsonl`\n- tors of\nLandcom:\n(a) The financial statements:\n(i) present fairly the financial position of Landcom as at 30 June 2023 and of its performance, as represented by\nthe results of its operations and its cash flows for the year ended on that date;\n(ii) comply with Australian Accounting Standards, Australian Accounting Interpretations, the State Owned\nCorporations Act 1989, the Government Sector Finance Act 2018, the Government Sector Finance Regulation\n2018 and Treasurer’s Directions mandated by the Treasurer.\n(b) We are not aware of any circumstances which would render any particulars included in the financial statements to\nb\n Source: `annual-reports/2023.pages.jsonl`\n- tors of Landcom:\n(a) The financial statements:\n(i) present fairly the financial position of Landcom as at 30 June 2024 and of its\nperformance, as represented by the results of its operations and its cash flows for\nthe year ended on that date;\n(ii) comply with Australian Accounting Standards, Australian Accounting\nInterpretations, the State Owned Corporations Act 1989, the Government Sector\nFinance Act 2018, the Government Sector Finance Regulation 2024 and Treasurer’s\nDirections mandated by the Treasurer.\n(b) We are not aware of any circumstances which would render any particulars included in the\nfinancial statements to b\n Source: `annual-reports/2024.pages.jsonl`\n- tors\nof Landcom:\n(a) The financial statements:\n(i) present fairly the financial position of Landcom as at 30 June 2025 and of its performance, as\nrepresented by the results of its operations and its cash flows for the year ended on that date;\n(ii) comply with Australian Accounting Standards, Australian Accounting Interpretations, the State\nOwned Corporations Act 1989, the Government Sector Finance Act 2018, the Government\nSector Finance Regulation 2024 and Treasurer’s Directions mandated by the Treasurer.\n(b) We are not aware of any circumstances which would render any particulars included in the financial\nstatements to b\n Source: `annual-reports/2025.pages.jsonl`\n\n### Australian Modern Slavery Act 2018\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 5\n**Register search**: https://legislation.nsw.gov.au/search?query=Australian+Modern+Slavery+Act+2018\n\n**Sources**:\n- `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n- `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n\n**Evidence contexts**:\n- ciples of Inclusivity, Materiality, Responsiveness and Impact\n• The Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards)\n• The Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) Recommendations\n• The Australian Modern Slavery Act 2018 (Modern Slavery Act) Reporting Requirement\n• Landcom’s own reporting criteria(cid:1005)(cid:1005) as set out in the Report, and relevant policies and procedures to evaluate the selected\ndata.\nRespective responsibilities\nLandcom management is responsible for t\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n- ciples of Inclusivity, Materiality, Responsiveness and Impact\n• The Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards)\n• The Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) Recommendations\n• The Australian Modern Slavery Act 2018 (Modern Slavery Act) Reporting Requirement\n• Landcom’s own reporting criteria(cid:1005)(cid:1005) as set out in the Report, and relevant policies and procedures to evaluate the selected\ndata.\nRespective responsibilities\nLandcom management is responsible for t\n Source: `other-pdfs/2024_Landcom_Sustainability_Report.pages.jsonl`\n- eporting Initiative’s Sustainability Reporting Standards (GRI Standards)\n• New South Wales Government Sector Finance Act 2018 (GST Act) - Report on\nOperations – Disclosure Requirements\no\nTPG24-33 Reporting framework for climate-related financial disclosures\n• The Australian Modern Slavery Act 2018 (Cth) and Modern Slavery Act 2018 (NSW)\nReporting Requirements\n• The AA1000 AccountAbility Principles of Inclusivity, Materiality, Responsiveness and\nImpact\n38 Landcom FY25 Sustainability Report\n1 Subject to a parallel assurance process described in our Indep\n Source: `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n- ‘Ao R sds eeu prr ona r t nSi c nlae gv E fer nrayg m aSe gtw eao mterk em n feo tns r tc o)l t im(hfeua r tr etth- h rea ern l at t Aheeu d d “f iRi t n sea po nor c ria Rt”l e )d v.i i s e c w lo s s (cid:3)u o r f e H s i storical\nFinancial Information’.\n• The Australian Modern Slavery Act 2018 (Cth) and Modern Slavery Act 2018 (NSW)\nThe prRoecpeodrutirnegs Rpeeqrufoirremmeedn tisn a limited assurance engagement vary in nature and timing\nENGAGEMENT SUMMARY\nfrom and are less in extent than for a reasonable assurance engagement and\n• The AA1000 Accoun\n Source: `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n- eporting Initiative’s Sustainability Reporting Standards (GRI Standards)\n• New South Wales Government Sector Finance Act 2018 (GST Act) - Report on\nOperations – Disclosure Requirements\no\nTPG24-33 Reporting framework for climate-related financial disclosures\n• The Australian Modern Slavery Act 2018 (Cth) and Modern Slavery Act 2018 (NSW)\nReporting Requirements\n• The AA1000 AccountAbility Principles of Inclusivity, Materiality, Responsiveness and\nImpact\n1 Subject to a parallel assurance process described in our Independent Limited Assurance Report contai\n Source: `other-pdfs/2025-Sustainability-Report.pages.jsonl`\n\n### Commonwealth Superannuation Industry (Supervision) Act 1993\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 5\n**Register search**: https://legislation.nsw.gov.au/search?query=Commonwealth+Superannuation+Industry+%28Supervision%29+Act+1993\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n\n**Evidence contexts**:\n- e Authorities Non-Contributory Superannuation Scheme Act 1987,\nrebates complete for other and their associated regulations. The schemes in the Pooled Fund are exempt public sector superannuation schemes\nprojects under the Commonwealth Superannuation Industry (Supervision) Act 1993 (SIS). The SIS Legislation treats exempt\npublic sector superannuation funds as complying funds for concessional taxation and superannuation guarantee\n$’000 $’000 $’000 $’000 purposes.\n(ii) Compliance\nCarrying amount at beginning of the year 1,070 150,557 475\n Source: `annual-reports/2021.pages.jsonl`\n- gulations. The schemes in the Pooled Fund are exempt public sector superannuation schemes\nNote 1: The accrued liability includes a contribution tax provision. This is calculated based on grossing up the deficit/\nunder the Commonwealth Superannuation Industry (Supervision) Act 1993 (SIS). The SIS Legislation treats exempt\n(surplus) less the allowance for past service expenses and insurable death and disability liabilities at a contribution tax rate\npublic sector superannuation funds as complying funds for concessional taxation and super\n Source: `annual-reports/2022.pages.jsonl`\n- rities Superannuation Act 1987, State Authorities Non–Contributory Superannuation Scheme\nAct 1987, and their associated regulations. The schemes in the Pooled Fund are exempt public sector superannuation\nschemes under the Commonwealth Superannuation Industry (Supervision) Act 1993 (SIS). The SIS Legislation treats\nexempt public sector superannuation funds as complying funds for concessional taxation and superannuation\nguarantee purposes.\nLandcom 2023 Annual Report 83\n\n[page 84]\nOperations and Management and Financial\nIntroduction Overv\n Source: `annual-reports/2023.pages.jsonl`\n- ities Superannuation Act 1987, State Authorities Non-\nContributory Superannuation Scheme Act 1987, and their associated regulations. The schemes in\nthe Pooled Fund are exempt public sector superannuation schemes under the Commonwealth\nSuperannuation Industry (Supervision) Act 1993 (SIS). The SIS Legislation treats exempt public\nsector superannuation funds as complying funds for concessional taxation and superannuation\nguarantee purposes.\n((iiii)) CCoommpplliiaannccee\nUnder a Heads of Government agreement, the New South Wales Government\n Source: `annual-reports/2024.pages.jsonl`\n- rities Superannuation Act 1987, State Authorities Non-Contributory\nSuperannuation Scheme Act 1987, and their associated regulations. The schemes in the Pooled Fund are\nexempt public sector superannuation schemes under the Commonwealth Superannuation Industry (Supervision)\nAct 1993 (SIS). The SIS Legislation treats exempt public sector superannuation funds as complying funds for\nconcessional taxation and superannuation guarantee purposes.\n5.1(ii) Compliance\nUnder a Heads of Government agreement, the New South Wales Government undertakes\n Source: `annual-reports/2025.pages.jsonl`\n\n### Personal Information Protection Act 1998\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 5\n**Register search**: https://legislation.nsw.gov.au/search?query=Personal+Information+Protection+Act+1998\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n- `annual-reports/2024.pages.jsonl`\n\n**Evidence contexts**:\n- the circumstances, that the\nand voluntarily comply with the principles of the Privacy Landcom’s 2021 Annual Report has not been reported and presented fairly, in all material respects, in accordance with the Criteria defined\nperson would give consent; and\nand Personal Information Protection Act 1998 (NSW). We below.\n– There is a danger of injury or loss of life.\nensure that we:\nIn addition to the Financial Report, that is subject to a separate independent audit, Landcom engaged Point Advisory Pty Ltd (‘Point\nIn FY21, we:\n• Only collect relevant personal\n Source: `annual-reports/2021.pages.jsonl`\n- 35 days (by agreement with applicant) 0 Under section 7 of the GIPA Act, agencies must identify\nand voluntarily comply with the principles of the Privacy\nthe kinds of government information that can be made\nNot decided within timeframe (deemed refusal) 0 and Personal Information Protection Act 1998 (NSW). We\npublicly available at least every 12 months.\nensure that we:\nTotal 0\nLandcom’s program for the proactive release of\n• only collect relevant personal information for lawful\ninformation involves regularly updating the Landcom\npurposes directly related\n Source: `annual-reports/2022.pages.jsonl`\n- ountability performance\nPublic access to information In FY23, we:\nand the protection of privacy • conducted a Privacy Compliance Review to prepare\nLandcom to be fully compliant when the amendments\nPrivacy & Personal Information Protection Act\nto the Privacy & Personal Information Protection Act\n1998 (PPIPA) Requirements\n1998 commence in November 2023\nWe are committed to protecting the personal\n• improved the resources available in Landcom’s\ninformation of our customers, stakeholders, staff\nPrivacy Framework that provides Landcom staff\nmembers and the gen\n Source: `annual-reports/2023.pages.jsonl`\n- subject to the\nwith access to the Privacy Policy, template collection\nHealth Records and Information Privacy Act 2002 (NSW)\nnotices, factsheets, checklists and links to the NSW\nand voluntarily comply with the principles of the Privacy\nprivacy legislation\nand Personal Information Protection Act 1998 (NSW). We\n• continued the delivery of online privacy awareness\nensure that we:\ntraining module for new staff\n• only collect relevant personal information for lawful\n• delivered targeted privacy training to the Landcom\npurposes directly related to our activiti\n Source: `annual-reports/2023.pages.jsonl`\n- d and published our first Privacy\nProtection Act 1998 (NSW)\nManagement Plan and Data Breach Policy, both\nrequirements of which are published on our website to ensure\ncompliance with the amendments to the Privacy\nWe are committed to protecting the personal\nand Personal Information Protection Act 1998\ninformation of our customers, stakeholders, staff\n(NSW)\nmembers and the public. We are subject to both\nthe Privacy and Personal Information Protection Act • improved the resources available in Landcom’s\n1998 (NSW) and the Health Records and Information Privac\n Source: `annual-reports/2024.pages.jsonl`\n\n### Privacy and Personal Information Protection Act 1998\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 5\n**Register search**: https://legislation.nsw.gov.au/search?query=Privacy+and+Personal+Information+Protection+Act+1998\n\n**Sources**:\n- `annual-reports/2024.pages.jsonl`\n- `annual-reports/2025.pages.jsonl`\n- `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n**Evidence contexts**:\n- ions\nDisclosure of approved exemptions are included\nin Appendix 3, see page 130.\n57\n\n[page 60]\nPublic access to information and In FY24, we:\nthe protection of privacy • completed a Privacy Compliance Review to ensure\nfull compliance when the amendments to the\nPrivacy and Personal Information Protection Act\n1998 (NSW) commenced in November 2023\nPrivacy and Personal Information\n• developed and published our first Privacy\nProtection Act 1998 (NSW)\nManagement Plan and Data Breach Policy, both\nrequirements of which are published on our website to ensure\ncompliance with t\n Source: `annual-reports/2024.pages.jsonl`\n- scorecard project to strengthen accountability\nand culture alignment.\n61\n\n[page 64]\nLegislation Public access to information and\nthe protection of privacy\nIn FY25, the following significant legislative changes\noccurred which have or will impact our business: Privacy and Personal Information Protection Act 1998\n(NSW) requirements\nAmendments to Australia’s Anti-Money Laundering\nand Counter-Terrorism Financing Laws We are committed to protecting the personal\ninformation of our customers, stakeholders, staff\nSignificant amendments to the Anti-Money\nmembers and the publ\n Source: `annual-reports/2025.pages.jsonl`\n- 3 of 29\n\n[page 4]\nPrivacy Management Plan\n1 Privacy Management Plan overview\n1.1 Why Landcom has a Privacy Management Plan\nThis Privacy Management Plan (PMP) explains how Landcom manages personal and health\ninformation in line with NSW privacy laws, namely:\n• The Privacy and Personal Information Protection Act 1998 (NSW) (PPIP Act) which protects\n‘personal information’, and\n• The Health Records and Information Privacy Act 2002 (NSW) (HRIP Act) which protects\n‘health information’.\nSection 33 of the PPIP Act requires certain NSW government agencies like Landcom to have a\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- to personal information management through new engagements,\nprojects or programs. Landcom has a PIA process for new programs it implements which\ninvolves new or changes the way we handle personal information.\n• PMP – this Privacy Management Plan.\n• PPIP Act – Privacy and Personal Information Protection Act 1998 (NSW).\n• Privacy obligations – The IPPs and HPPs as set out in the PPIP Act and HRIP Act, or as they\napply in light of an exemption in these privacy laws.\n• Privacy Officer – Landcom’s Privacy Officer, responsible for maintaining this PMP and a range\nof other\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n- rds Governance Policy and Procedure\nStaff Code of Conduct\nSupplier Code of Conduct\nWorkplace Surveillance Procedure\nLinked legislation Landcom Corporation Act 2001\nGovernment Information (Public Access) Act 2009\nHealth Records and Information Privacy Act 2002\nPrivacy and Personal Information Protection Act 1998\nState Records Act 1998\nWorkplace Surveillance Act 2005\nLinked risks Reputational\nOperational\nRegulatory\nRevision history\nVersion Approval date Author Description\n1.0 27/11/2023 Carina Carter New PMP implemented following amendments to the\nPPIP Act\nExternal Pa\n Source: `other-pdfs/Privacy-Management-Policy-V1-27-November-2023.pages.jsonl`\n\n### Public Interest Disclosures Act 1994\n\n**Type**: Act\n**Confidence**: high\n**Mentions**: 5\n**Register search**: https://legislation.nsw.gov.au/search?query=Public+Interest+Disclosures+Act+1994\n\n**Sources**:\n- `annual-reports/2021.pages.jsonl`\n- `annual-reports/2022.pages.jsonl`\n- `annual-reports/2023.pages.jsonl`\n\n**Evidence contexts**:\n- n the following sections:\nand seminars.\n• Chair’s review • Our performance – people\n• Chief Executive Officer’s review • Executive positions\n• Our organisation • Miscellaneous activities\n• Our principal objectives and function • Managing a successful business\nPublic Interest Disclosures Act 1994\n• Major projects • Appendix: Corporate governance\nThe following table contains information about our obligations under Section 31 of the Public Interest Disclosures Act • FY21 economic and financial highlights • Appendix: Disclosure of approved exemptions\n199\n Source: `annual-reports/2021.pages.jsonl`\n- mation,\n• embedded the requirement for privacy impact\nassessments to be undertaken for relevant new\nengagements, and\n• participated in privacy practitioner’s network events\nand seminars.\n114 Landcom Annual Report 2022 Landcom Annual Report 2022 115\n\n[page 62]\nPublic Interest Disclosures Act 1994\nThe following table contains information about our obligations under Section 31 of the Public Interest Disclosures Act\n1994 (NSW).\nSection 31 Report\nMade by\npublic officials\nperforming their Under a statutory All other\nday-to-day legal or other legal Public I\n Source: `annual-reports/2022.pages.jsonl`\n- cipated in privacy practitioner’s network events\nand seminars.\n114 Landcom Annual Report 2022 Landcom Annual Report 2022 115\n\n[page 62]\nPublic Interest Disclosures Act 1994\nThe following table contains information about our obligations under Section 31 of the Public Interest Disclosures Act\n1994 (NSW).\nSection 31 Report\nMade by\npublic officials\nperforming their Under a statutory All other\nday-to-day legal or other legal Public Interest\nfunctions obligation Disclosures\nNumber of public officials making a public 0 0 0\ninterest disclosure\nNumber of Corr\n Source: `annual-reports/2022.pages.jsonl`\n- ugh the work we do. Where we\ncan, we share our knowledge freely within government, throughout the development industry and among\ninterested members of the general public, and we have adopted this practice as an effective way to build\nand maintain credibility.\nPublic Interest Disclosures Act 1994\nThe following table contains information about our obligations under Section 31 of the Public Interest Disclosures Act\n1994 (NSW).\nMade by public\nofficials performing Under a statutory\ntheir day to day or other legal All other public\nlegal functions obligatio\n Source: `annual-reports/2023.pages.jsonl`\n- mong\ninterested members of the general public, and we have adopted this practice as an effective way to build\nand maintain credibility.\nPublic Interest Disclosures Act 1994\nThe following table contains information about our obligations under Section 31 of the Public Interest Disclosures Act\n1994 (NSW).\nMade by public\nofficials performing Under a statutory\ntheir day to day or other legal All other public\nlegal functions obligation interest disclosures\nNumber of public officials making a public interest disclosure 0 0 0\nNumber of public interest Corrup\n Source: `annual-reports/2023.pages.jsonl`\n\n### State Authorities Superannuation Act 1987\n\n**Typ\n\n_…truncated, open the .md file for the full content._", "global_initiatives_md": null, "strategy": { "reporting_period": "2025-26", "corporate_plan_period": "FY24–29", "vision": null, "vision_source_page": null, "purposes": "To make a positive difference to people’s lives in NSW by increasing the supply, affordability and diversity of housing and creating sustainable communities. [CP p.35]", "purposes_source_page": 35, "how_we_deliver": "We work together to drive high performance and create a culture where everyone feels trusted, valued and empowered. [CP p.35]", "how_we_deliver_source_page": 35, "government_priorities": [ { "text": "Establish a sustainable and scalable build-to-rent program with pilot projects on the NSW South Coast and in the Northern Rivers in accordance with NSW Government policy.", "source_page": 14 }, { "text": "Demonstrate leadership in affordable housing through the delivery of an Affordable Housing Program. This program should deliver 1,800 affordable homes by 2029 in line with the NSW Government’s commitment of 3,100 to the National Housing Accord, with a goal to deliver substantially more if provided access to surplus government land and relevant approvals.", "source_page": 14 }, { "text": "Intensify Landcom’s work to increase the supply, affordability and diversity of housing and achieve more sustainable communities by being the lead developer for surplus NSW Government land and transacting with private landowners.", "source_page": 14 }, { "text": "Expand the activities of Landcom to regional NSW with a focus on areas where the regional economy is impacted by low housing supply and/or low rental vacancy rates.", "source_page": 14 }, { "text": "Partner with NSW Government agencies on a commercial basis to deliver housing supply and improve housing affordability across the state and in accordance with NSW Government policy and any relevant housing targets.", "source_page": 14 } ], "outcomes": [ { "name": "Increase market housing supply", "description": "To lead in the delivery of built form to help us provide housing across faster and more innovative and sustainable ways.", "key_activities": [ "Develop projects to achieve settlements of lots for 22,000 homes by FY29", "Secure new projects in metropolitan and regional areas by FY29 that have the capacity to deliver 30,000 dwellings" ], "source_page": 38 }, { "name": "Deliver affordable housing", "description": "To grow the affordable housing pipeline to deliver at least 1,800 affordable homes by FY29.", "key_activities": [ "Grow the affordable housing pipeline, to deliver at least 1,800 affordable homes by FY29", "Grow and deliver on a build-to-rent program" ], "source_page": 38 }, { "name": "Expand regional housing supply", "description": "To continue to expand its footprint in regional NSW with a focus on areas impacted by low housing supply and/or low rental vacancy rates.", "key_activities": [ "Continuing to expand its footprint in regional NSW with a focus on areas impacted by low housing supply and/or low rental vacancy rates" ], "source_page": 38 } ], "values": [ "Embrace challenge to deliver outcomes", "Being respectful and supportive of each other", "Excel through strong relationships", "Bring an enterprising spirit", "Recognising and celebrating success, having fun along the way" ], "values_framework_name": "Landcom’s values", "kpi_targets_2025_26": [ { "code": "MT6", "measure": "All projects implement actions to address identified physical and transition climate risks.", "target": "100%", "source_page": 149 }, { "code": "MT7", "measure": "70% GHG emissions weighted portfolio reduction.", "target": "65% Projected weighted portfolio GHG reduction", "source_page": 149 }, { "code": "MT2", "measure": "10% upfront and embodied carbon weighted portfolio reduction.", "target": "13.2% projected weighted portfolio reduction.", "source_page": 149 }, { "code": "MT1", "measure": "20% forecast precinct energy demand is supplied by renewable energy, or a smart energy solution.", "target": "100% of in-scope projects achieved", "source_page": 149 }, { "code": "MT3", "measure": "All residential dwellings to achieve BASIX 60 water rating.", "target": "73% of dwellings achieved", "source_page": 149 } ], "kpi_results_2024_25": [ { "code": "MT6", "measure": "All projects implement actions to address identified physical and transition climate risks.", "result": "100% in scope projects have achieved", "status": "Achieved", "source_page": 149 }, { "code": "MT7", "measure": "70% GHG emissions weighted portfolio reduction.", "result": "65% Projected weighted portfolio GHG reduction", "status": "Achieved", "source_page": 149 }, { "code": "MT2", "measure": "10% upfront and embodied carbon weighted portfolio reduction.", "result": "13.2% projected weighted portfolio reduction.", "status": "Achieved", "source_page": 149 }, { "code": "MT1", "measure": "20% forecast precinct energy demand is supplied by renewable energy, or a smart energy solution.", "result": "100% of in-scope projects achieved", "status": "Achieved", "source_page": 149 }, { "code": "MT3", "measure": "All residential dwellings to achieve BASIX 60 water rating.", "result": "73% of dwellings achieved", "status": "Achieved", "source_page": 149 } ], "_source_urls": { "annual_report_url": "https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2025-Landcom-Annual-Report.pdf", "corporate_plan_url": "" } }, "ideas": [ { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Data & Performance", "scale": "small", "title": "KPI evidence register with named owners", "idea": "Create a simple register mapping each KPI to source data, owner, frequency, target, and last result.", "quote": "In particular, these targets work to support • Environmental Management Performance Results, p.20\nresponse to physical climate-related risks in the form\n• Waste & Materials Performance Results, p.22\nof urban heat island reduction targets, solar reflective\n• Water Performance Results, p.25\nindex standards for roofing and requirements for all\nprojects to demonstrate actions aimed at addressing • Innovation Performance Results, p.43\nhigh and extreme rated physical climate hazard risks. • Case Study: Transition Risk Scenario Analysis\nFurthermore, our targets have supported and placed\n• Case Study: Transition Risk Priority Actions\nLandcom in a good position at responding to key\n• Case Study: Heat Resilient Communities\nidentified transition climate-related risks, including\nour targets around GHG reduction, upfront/embodied • Case Study: Climate Active Journey", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Data & Performance", "scale": "large", "title": "Outcome dashboard linking budget, delivery, and public impact", "idea": "Build a public-facing outcome dashboard showing spend, outputs, outcomes, and delivery confidence.", "quote": "In particular, these targets work to support • Environmental Management Performance Results, p.20\nresponse to physical climate-related risks in the form\n• Waste & Materials Performance Results, p.22\nof urban heat island reduction targets, solar reflective\n• Water Performance Results, p.25\nindex standards for roofing and requirements for all\nprojects to demonstrate actions aimed at addressing • Innovation Performance Results, p.43\nhigh and extreme rated physical climate hazard risks. • Case Study: Transition Risk Scenario Analysis\nFurthermore, our targets have supported and placed\n• Case Study: Transition Risk Priority Actions\nLandcom in a good position at responding to key\n• Case Study: Heat Resilient Communities\nidentified transition climate-related risks, including\nour targets around GHG reduction, upfront/embodied • Case Study: Climate Active Journey", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Risk & Assurance", "scale": "small", "title": "Recommendation tracker for audits, reviews, and inquiries", "idea": "Publish a single internal tracker for audit/review recommendations, owners, due dates, and implementation evidence.", "quote": "The more significant risks relating to the + Gain recognised in other comprehensive income (2,761) (1,865)\ndefined benefits are:\n(-) Employer contributions (1,015) (1,101)\n• Investment risk - The risk that investment returns will be lower than assumed and the Employer will need to\nNet defined benefit liability 11,266 14,553\nincrease contributions to offset this shortfall;\n• Longevity risk – The risk that pensioners live longer than assumed, increasing future pensions;\n• Pension indexation risk – The risk that pensions will increase at a rate greater than assumed, increasing future 2021 2020\npensions; Reconciliation of the total defined benefit obligation $'000 $'000\n• Salary growth risk - The risk that wages or salaries (on which future benefit amounts for active members will be", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Risk & Assurance", "scale": "large", "title": "Integrated assurance and lessons-learned system", "idea": "Create an assurance system that connects audit findings, risk registers, delivery reviews, and investment decisions.", "quote": "The more significant risks relating to the + Gain recognised in other comprehensive income (2,761) (1,865)\ndefined benefits are:\n(-) Employer contributions (1,015) (1,101)\n• Investment risk - The risk that investment returns will be lower than assumed and the Employer will need to\nNet defined benefit liability 11,266 14,553\nincrease contributions to offset this shortfall;\n• Longevity risk – The risk that pensioners live longer than assumed, increasing future pensions;\n• Pension indexation risk – The risk that pensions will increase at a rate greater than assumed, increasing future 2021 2020\npensions; Reconciliation of the total defined benefit obligation $'000 $'000\n• Salary growth risk - The risk that wages or salaries (on which future benefit amounts for active members will be", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "annual-reports/2021.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2021-Annual-Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Procurement & Delivery", "scale": "small", "title": "Procurement lessons library for repeat purchases", "idea": "Capture reusable procurement clauses, market lessons, supplier performance notes, and common evaluation criteria.", "quote": "FY24\nFocus Area Objective Target performance\nClimate & To respect, conserve All projects implement actions to address 100%\nResilience and regenerate our identified physical and transition climate risks in scope projects\nnatural environment have achieved\nand embed adaptation\nNet positive biodiversity portfolio performance Net positive (+3%)\nand resilience into all\noverall portfolio\nprecincts, and expand\nperformance\ncommunity awareness\nAll projects achieve a net urban heat reduction 100%\nin scope projects\nhave achieved\nAll new built form adopts industry best practice 100%\nSolar Reflective Index (SRI) minimums in scope projects\nhave achieved\nClimate Change Risk and Community Resilience\nAll our new in scope projects since the launch of We anticipate these physical risks and their influence on", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Delivery teams / suppliers", "source": "other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Procurement & Delivery", "scale": "large", "title": "Portfolio delivery office for major investments", "idea": "Stand up a portfolio delivery office that tracks benefits, risks, dependencies, procurement, and delivery confidence.", "quote": "FY24\nFocus Area Objective Target performance\nClimate & To respect, conserve All projects implement actions to address 100%\nResilience and regenerate our identified physical and transition climate risks in scope projects\nnatural environment have achieved\nand embed adaptation\nNet positive biodiversity portfolio performance Net positive (+3%)\nand resilience into all\noverall portfolio\nprecincts, and expand\nperformance\ncommunity awareness\nAll projects achieve a net urban heat reduction 100%\nin scope projects\nhave achieved\nAll new built form adopts industry best practice 100%\nSolar Reflective Index (SRI) minimums in scope projects\nhave achieved\nClimate Change Risk and Community Resilience\nAll our new in scope projects since the launch of We anticipate these physical risks and their influence on", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Delivery teams / suppliers", "source": "other-pdfs/2024_Landcom_Sustainability_Report.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Sustainability-Reports/2024_Landcom_Sustainability_Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Regulation & Policy", "scale": "small", "title": "Regulatory burden scan for forms, guidance, and reporting", "idea": "Identify the top 10 highest-friction reporting obligations and simplify guidance, forms, or evidence requirements.", "quote": "2015\n• completed research including resources (Statutory Bodies) Regulation\nallocated, and 2015 Report on risk management and insurance activities Schedule 1 Annual Reports Exemption subject\n• continuing research and development activities, (Statutory Bodies) Regulation to a condition that\nincluding resources allocated unless that 2015 the comments and\ninformation could adversely affect operations. information are to\nbe disclosed in a\nHuman resources: Schedule 1 Annual Reports - summarised form.\n• number of employees by category and (Statutory Bodies) Regulation\ncomparison with prior three years 2015 Disclosure of controlled entities: Schedule 1 Annual Reports Exemption subject to\n• exceptional movements in employee wages, • details of names, objectives, operations, (Statutory Bodies) Regulation a condition that the", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Regulation & Policy", "scale": "large", "title": "Adaptive regulation program with live feedback loops", "idea": "Create an adaptive regulation model using sandboxes, industry data, risk scoring, and regular rule updates.", "quote": "2015\n• completed research including resources (Statutory Bodies) Regulation\nallocated, and 2015 Report on risk management and insurance activities Schedule 1 Annual Reports Exemption subject\n• continuing research and development activities, (Statutory Bodies) Regulation to a condition that\nincluding resources allocated unless that 2015 the comments and\ninformation could adversely affect operations. information are to\nbe disclosed in a\nHuman resources: Schedule 1 Annual Reports - summarised form.\n• number of employees by category and (Statutory Bodies) Regulation\ncomparison with prior three years 2015 Disclosure of controlled entities: Schedule 1 Annual Reports Exemption subject to\n• exceptional movements in employee wages, • details of names, objectives, operations, (Statutory Bodies) Regulation a condition that the", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Staff Productivity", "scale": "small", "title": "Reusable briefing and summary assistant for internal documents", "idea": "Create controlled templates for summarising reports, submissions, minutes, and ministerial briefs.", "quote": "It was\nefficacy open for staff consultation on the staff intranet until 7\nApril 2022. • staff completed risk assessments for work from\nhome transitions, COVID-19 Vaccination Policy and Key findings from the Psychological Hazard Risk\nreturning to the workplace Assessment:\n• in December 2021 we implemented our COVID-19\n• Landcom has various systems and processes in place Vaccination Policy after consultation with all staff\nthat are effective controls to mitigate psychosocial\n• all staff returned to a hybrid working environment hazards identified.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Staff Productivity", "scale": "large", "title": "Department-wide knowledge and briefing platform", "idea": "Build a secure knowledge platform that lets staff search, summarise, and cite approved departmental material.", "quote": "It was\nefficacy open for staff consultation on the staff intranet until 7\nApril 2022. • staff completed risk assessments for work from\nhome transitions, COVID-19 Vaccination Policy and Key findings from the Psychological Hazard Risk\nreturning to the workplace Assessment:\n• in December 2021 we implemented our COVID-19\n• Landcom has various systems and processes in place Vaccination Policy after consultation with all staff\nthat are effective controls to mitigate psychosocial\n• all staff returned to a hybrid working environment hazards identified.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "annual-reports/2022.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2022-Landcom-Annual-Report.pdf)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Citizen Participation", "scale": "small", "title": "Consultation feedback summaries with response tracking", "idea": "Summarise consultation submissions by theme and publish what changed in response.", "quote": "Activities to encourage public\nto achieve outcomes / objectives participation included:\nLandcom is exposed to a range of political, economic, • social media and website updates\nindustrial, commercial and operational, legal and\n• digital newsletters\nregulatory, social, technological, sustainability and\n• advertising, including print, online, outdoor and radio,\nenvironmental risks.\nletterbox drops and direct mail\nIn FY23 the Board and Management reviewed its\n• engagement opportunities promoted at public\nRisk Appetite Statement and strategic risks against\nand stakeholder meetings.\nthe new FY24-27 Strategic Plan to ensure that the\nkey internal and external risks were commensurate Promotion was also undertaken to support the\nwith our Strategic Priorities.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Citizens / stakeholders / policy teams", "source": "annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "S-NSW-066", "entity_name": "Landcom", "folder_name": "Landcom", "category": "Citizen Participation", "scale": "large", "title": "Always-on policy participation platform", "idea": "Create a standing participation platform where citizens and stakeholders can propose, vote, and track ideas.", "quote": "Activities to encourage public\nto achieve outcomes / objectives participation included:\nLandcom is exposed to a range of political, economic, • social media and website updates\nindustrial, commercial and operational, legal and\n• digital newsletters\nregulatory, social, technological, sustainability and\n• advertising, including print, online, outdoor and radio,\nenvironmental risks.\nletterbox drops and direct mail\nIn FY23 the Board and Management reviewed its\n• engagement opportunities promoted at public\nRisk Appetite Statement and strategic risks against\nand stakeholder meetings.\nthe new FY24-27 Strategic Plan to ensure that the\nkey internal and external risks were commensurate Promotion was also undertaken to support the\nwith our Strategic Priorities.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Citizens / stakeholders / policy teams", "source": "annual-reports/2023.pdf (https://www.landcom.com.au/assets/Uploads/Corporate-Publications/Annual-Reports/2023-Annual-Report.pdf)", 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