03Sydney Olympic Park Authority Annual Report 2002/03 Contents

3 01 Introduction Letter to the Minister Chairman’s Overview CEO’s Report 10 02 Olympic Park Authority Board Board Meetings Attendance Record Corporate Governance Organisational Structure 15 03 Building for the Future 2003-08 Corporate Plan Unique Regional Position Framework for a smart community Vision 2025 Working closely with our neighbours 20 04 Sense of Place Parklands 2020 Parklands Plan of Management Parklands Events Program Tour Program Education Program Parkland Tour Development Research Programs A Diverse Place 26 05 Sustainable Community Sustainability Policy Sustainability Strategy Waste Reduction and Purchasing Plan Social Sustainability 29 06 Developing the Place Building a Town Commercial Services Asset Management 34 07 Developing Our Business A Sports Town A Learning Community An Intelligent Community 38 08 Managing the Place Place Management An Events Town and Arts Community 40 09 Support Services Marketing and Corporate Communications Corporate Services Financial Services 46 10 Financial Statements Statement of Cash Flows Notes to the Financial Statements Summary of Compliance with Financial Directives 68 11 Appendices

Terry Milham Senior Field Officer Place Management

2 Letter to the Minister Authority

The Hon Sandra Nori, MP Parliament House Macquarie Street is consolidating a vision that SYDNEY NSW 2000

Dear Minister, will position Sydney Olympic The Sydney Olympic Park Authority has pleasure in submitting to you its Annual Report for the period 1 July 2002 to 30 June 2003 for presentation to Parliament. Park for the next 20 years of The report is submitted in accordance with Section 9A (a) of the Annual Reports (Statutory Bodies) Act 1984. its post-Olympic life. Our Yours sincerely, highly committed team of Brian Newman Chief Executive Officer Sydney Olympic Park Authority professionals are motivated by

David Richmond AO the knowledge that they are Chairman Sydney Olympic Park Authority creating a place that will meet a unique range of community aspirations for generations.

LEFT Ann Hinchcliffe Manager, Strategic Projects & Planning Parklands Placemaking RIGHT David Fenton Manager, Events and Entertainment Place Management

2 3 Chairman’s Overview

During the last twelve months, We are consolidating a vision that Our work this year would not have I am privileged to have been part of largest solar powered townships. The extraordinary diversity of people the team at Sydney Olympic will position Sydney Olympic Park been possible without support from this process since 1995, when the The entire precinct is served by a who come to Sydney Olympic Park Park Authority has focused on for the next 20 years of its post- Minister Nori and the total Olympic Coordination Authority network of high performance now and in the future – to live, developing the concepts and Olympic life. It is work that involves commitment and dedication of the became responsible for planning for optical fibre cabling and is less than work, play and learn – gives the strategies that will guide our the design of forms, functions and SOPA Board, and of our highly- the 2000 Olympics. Through each 20 kilometres by road, rail or river to place one of its finest dimensions. creation of a vibrant and values for the new town, the skilled team of executives and staff. phase of Sydney Olympic Park’s ‘pre- Sydney and CBDs and As SOPA continues to work closely refinement of business objectives Olympic’,‘Olympic’ and ‘post- . with on-site venues and partners in sustainable town at Sydney The SOPA team is genuinely excited for our economic development Olympic’ life cycle, our long-term our marketing and management of Olympic Park. to have this once-in-a-lifetime Our ‘next door neighbours’ – strategy, and the establishment of goal has always been the creation of the place, to maximise business opportunity to create a community Parramatta, Auburn and Lidcombe core values and beliefs that must be an environment that will serve the opportunities for both, we will that will endure as a world class and new developments at Rhodes embodied by the organisation if we community in perpetuity. ensure that investment in Sydney example of intelligent placemaking. Peninsula and Homebush Bay West are to engage the attention, Olympic Park continues to bring The planning and development of Today, Sydney Olympic Park enjoys – have also reaped significant imagination and confidence of the maximum benefit to the Sydney Olympic Park is a major the Olympic legacy of world class benefits from the impact of the broader community. community. undertaking that needs total event facilities and exceptional Games and continue to enjoy Sydney Importantly, we have also commitment from our team of architecture and infrastructure. This Olympic Park’s burgeoning range of commenced the development professionals – and the vision of 640 hectare site in the geographic events and facilities. For example, process. In May 2003 the Hon individuals who are motivated by heart of metropolitan Sydney over 5.5 million visitors participated David Richmond AO Sandra Nori MP, Minister for Tourism the knowledge they are creating a embraces 425 hectares of one of the in 1,759 leisure, cultural and business Chairman and Minister for Sport and place that will meet a unique range largest ecologically significant events at Sydney Olympic Park Sydney Olympic Park Authority Recreation, announced successful of community aspirations for parklands in the world, contains one during 2002-03. And in October tenders for a $470 million generations. of the world’s largest urban water 2003, we will welcome 700,000 commercial and residential recycling systems, runs off three people to Telstra Stadium for the development at Sydney Olympic Park. interdependent systems of power 2003 Rugby World Cup – the world’s and features one of the world’s largest sporting event of the year. Sydney Olympic Park enjoys the Olympic legacy of world class event facilities and exceptional

David Richmond AO Chairman architecture and infrastructure Sydney Olympic Park Authority

4 5 CEO’s Report

The recognition of Sydney Olympic An essential part of the place- sports retail, sports culture, The year in review was a Park as a town – a significant and making function of SOPA has been recreation sports and many more. vibrant urban centre located 14km the definition of an economic We will proactively promote these seminal year for the Sydney west of Sydney CBD and 8km east of development strategy for Sydney six themes by building on those Parramatta CBD – represents a Olympic Park. The strategy is Olympic Park Authority. We laid characteristics that are unique to major step in our understanding of structured around the promotion of Sydney Olympic Park, and offer a how this place will evolve and how six ‘themes’, namely: sport; health, the building blocks for our clear competitive advantage. it should be managed. leisure and wellbeing; education; environment and nature; science Together these highly integrated future and achieved major During the year we reviewed our and technology; and culture, the themes will provide Sydney Olympic vision for the physical form, arts and entertainment. Park with a sustainable business results. Our mission is now clear functions, beliefs and values that model. For example, with the NSW will characterise Sydney Olympic We believe Sydney Olympic Park has – to develop and maintain, to Department of Sport & Recreation, Park and our place leadership role. a competitive advantage in each of we are developing the concept for The review has entailed further these themes, especially in sport, international standards, a Sports House, a State centre for refinement of our functions of where we are seeking to establish a sports administration that will placemaking and place unique sports industry model that unique integrated town called attract a range of amateur and management as we develop harnesses the potential of all professional sports organisations Sydney Olympic Park. Sydney Olympic Park and manage dimensions of sport – including into the precinct, to help consolidate its day-to-day operations. sports education, sports Sydney Olympic Park's position as administration, sports science, 's premier sports destination. Our mission is now clear Brian Newman Chief Executive Officer Sydney Olympic Park Authority

6 7 ...to develop and maintain, to international standards, a unique integrated town called Sydney Olympic Park

One of our great challenges going the next four to seven years – and areas and a library of information 2002-03 also saw the development rugby union, AFL, rugby league, vibrant, economically sustainable forward is to communicate a new the establishment of retail shops, on the fascinating social and industrial of Sydney Olympic Park's brand open-air performances and motor town – will take time. I am message – that Sydney Olympic Park restaurants and cafes at the eastern history of this special place. strategy and the definition of key events, Telstra Stadium showed why unreservedly confident that the is no longer a mono-experiential end of Olympic Station. This market segments for which we will it is one of the most flexible and years ahead will see positive We continued to play an important destination for world class sporting development will achieve the be developing new products and most used facilities in the world. developments in the realisation of role in the education sector during events, but rather, a place for living, highest levels of environmental services. We believe there are our vision for the precinct. The the year, with almost 80,000 school In this seminal year of our work to working, learning and leisure sustainability, consistent with the exciting opportunities for us to outlook is very exciting. students making excursion trips to develop and refine our long-term activities. By diversifying Sydney Government's commitment to leverage Sydney Olympic Park’s Sydney Olympic Park. A new vision for Sydney Olympic Park and Olympic Park's experiential offering ‘green’ design that was established international recognition and its business unit was also established to begin the exciting process of we expect to double visitation from during the 2000 Olympic Games. core value to ‘enrich’ the lives of and charged with growing Sydney rapid urban change, I would like to 5.5 to 10 million people by the end those who touch the brand. The approval of a Plan of Olympic Park's position in the recognise the committed efforts of of the decade. Management governing future education market across all sectors During the year, SOPA also our staff. It was a year in which we Brian Newman During 2002-03 we achieved major management of Sydney Olympic of the industry. An Education continued to play an important role experienced considerable internal Chief Executive Officer Sydney Olympic Park Authority milestones in the ‘living/working’ Park's 425 hectares of unique Reference Panel will guide the in providing operational support to changes to allow us to align our components of this new positioning parklands was another important development of our strategies in our venues, that host an ever- organisational structure with our strategy. In May, SOPA announced milestone in 2002-03. The Plan of this area as we recognise new expanding number of events within new corporate strategies. successful developers for the first Management allows us to opportunities to leverage Sydney Sydney Olympic Park. At year-end, Sydney Olympic Park tranche of residential development progressively open new areas of Olympic Park's ready-made ‘campus’ The Telstra Stadium demonstrated stood at the cusp of a major at Sydney Olympic Park and the first open space to the public including environment across a wide range of why it is one of the world’s great transition in its role and place in stage of commercial development in ecologically sensitive wetlands, the primary, secondary and tertiary stadiums by hosting its first one- Sydney's urban hierarchy. This the Town Centre. These projects will Brickpits, four kilometres of harbour education and training programs. day cricket match. Together with transition – from Olympic site to a see 732 apartments and 50,000m2 foreshore, 35 kilometres of cycle and of commercial space developed over pedestrian ways, play and picnicing

8 9 02 Sydney Olympic Park Authority Board

Terms of Office David Richmond Gabrielle Kibble AO BA Dip TCP Robert Leece AM RFD BE MEngSc Chris Christodoulou BA Penelope Figgis AM BA (Hons) AO MEc Chairman FRAPI DSc hc UNSW MBA FIE (Australia) The Sydney Olympic Park Authority Mr Chris Christodoulou was appointed Ms Penelope Figgis was appointed Board (SOPA Board) comprises seven Mr David Richmond was appointed Mrs Gabrielle Kibble was appointed Mr Robert Leece was appointed to to the SOPA Board on 1 July 2001. to the SOPA Board on 1 July 2001. members. Six Board Members, Chairman of the SOPA Board on 1 to the SOPA Board on 1 July 2001. the SOPA Board on 1 July 2001. He Mr Christodoulou is Deputy Ms Figgis is long-standing Vice including the Chairman, were July 2001. He is currently Foundation She has been a non-Executive was Deputy Director General of the Assistant Secretary of the Labor President of the Australian formally appointed by the NSW Director and Professor, Graduate Director of Sydney Water since Olympic Coordination Authority. Council of NSW. His distinguished Conservation Foundation, Director of Treasurer and Minister for State School of Government at the 1997 and Chairman since 1998. Mr Leece had a non-executive role career in the union movement the Australian Bush Heritage Fund, Development, The Hon Michael University of Sydney. Mrs Kibble is Chairman of the on the Sydney Organising began in 1981 and has involved roles Member of the World Commission Egan MLC, in July 2001 for a three- Remuneration Committee and a As Director General of Sydney 2000, Committee for the Olympic Games as Joint Assistant National Secretary on Protected Areas and a Board year term to 30 June 2004. Under member of the Public Health, Mr Richmond was responsible for Sports Commission which managed of the Australian Liquor, Hospitality Member of the Jenolan Caves the Sydney Olympic Park Authority Research and Development overseeing all the operations of the all sporting, Olympic family and and Miscellaneous Workers Union, Reserve Trust. As a senior member Act 2001 No 57 (SOPA Act), Board Committee, Audit and Risk Sydney Olympic and Paralympic National Olympic Committee and coordinator of the NSW Labor and consultant for Australia’s Members may be re-appointed at Management Committee and Games and coordinating NSW matters for the 2000 Sydney Games. Council’s Unions 2000 which liaised environment movement and the the end of their term. Strategic Property Planning Government services provided to He was appointed to the Board of with the Sydney Organising Australian Conservation Committee. She is also Director of the Sydney 2000 Games. the Sydney Olympic Broadcasting Committee for the Olympic Games Foundation’s chief lobbyist in the Pecuniary Interests Sydney Water’s subsidiary company, Organisation in 1999. over industrial relations issues. early 1980s, Ms Figgis’ written work Board Members are required to From July 1995 until April 2001, Australian Water Technologies Pty on protected area policy and nature disclose any direct or indirect Mr Richmond was Director General Ltd and has been Chairman of this Concurrent with these Games roles, Mr Christodoulou is actively tourism have been published widely. pecuniary interest they have in any of the Olympic Coordination company since April 2001. Mr Leece was also Chief Executive of involved in a number of matter being considered by the Authority, responsible for the the Olympic Roads and Transport organisations, including the Ms Figgis was a Board Member for Mrs Kibble is a Director of the Board. A register is kept outlining development of Sydney Olympic Authority – the organisation Wollongong Sports Ground Trust, the NSW Environmental Protection Australian Commercial Disputes Board Members’ disclosures. Park and building Games venues responsible for all Sydney Games the Correctional Services Industry Authority and she has served on the Centre Ltd and the Bankstown, and facilities. transport operations. Advisory Council and the NSW Boards of Uluru Kata Tjuta National Camden and Hoxton Park Airports Interaction with Management Construct Roundtable. Park, the Australian Tourist Mr Richmond has held a range of Corporation, the War Widows Guild Prior to his involvement with the The Chief Executive Officer, Commission, Landcare Australia and senior positions in the NSW State of NSW and Questacon. She is a Sydney Games, Mr Leece was a The Board Executive Directors and Directors the Great Barrier Reef Consultative Government including Chief Trustee of the University of Western director of a number of public and Left to Right: Chris Christodoulou, Gabrielle regularly brief the Board on aspects Kibble, Robert Leece, Herb Elliott, Penelope Committee. Executive Officer, NSW Department Sydney and a Fellow of the Royal private companies in the development of SOPA’s activities and performance Figgis, David Richmond, of Health and Chief Exective Officer, Australian Planning Institute. and construction industries. Brian Newman. and seek and receive guidance and NSW Land Commission. He was also direction on policy and operational a Member of the Public Service matters. Board Members receive Board of NSW. financial updates from the Executive Director of Finance on all aspects of Mr Richmond is a member of the revenue, expenditure and debtors at Major Events each Board meeting. Board. He also provides advice to the President of the Athens Olympic Games Organising Committee and to the International Olympic Commmittee.

10 11 02 Sydney Olympic Park Authority Board

Herb Elliott AC MBE MA Previous positions include President largest property development of Puma North America, Chief projects. Prior to this role, Mr Mr Herb Elliott was appointed to Corporate Governance Mission SOPA Act – Millenium Parklands Executive Officer of Puma Australia, Newman was Managing Director of the Sydney Olympic Authority Board SOPA's mission is to develop and Functions Commissioner of the ABC Board and Nusajaya Development Sdn Bhd in on 1 July 2001. He is one of The SOPA Act constitutes the maintain Sydney Olympic Park to Under the SOPA Act, SOPA is Director of the Board for the Johor, Malaysia, a mini-city project Australia’s best known Olympic Sydney Olympic Park Authority international standards, as a unique responsible for management and Australian Institute of Sport. designed to provide a second athletics champions. (SOPA) as a statutory body integrated town. development of the Millenium gateway to Singapore. representing the Crown. SOPA was Parklands. This role has the As Director of Athlete and Corporate Brian Newman BE (Civil) MBA Dip Mr Newman has held a range of established on 1 July 2001 with a Mandate following functions: Relations for the Australian Olympic Securities Institute of Australia senior management positions in the charter to manage and promote the Under the SOPA Act, SOPA is defined Committee, Mr Elliott has a broad f) maintain the Millenium Parklands Mr Brian Newman was appointed to Australian property sector, including 640 hectare Sydney Olympic Park as having the following core range of responsibilities. He the position of Chief Executive roles as Chief Executive Officer of site, including the protection of the functions: g) permit the use of the whole or developed strong relationships with Officer, Sydney Olympic Park City West Development Corporation 425 hectare Parklands. any part of the Millenium Parklands the Australian Olympic Committee’s a) promote, coordinate and manage Authority on 29 January 2002 and and acting Chief Executive Officer of for recreational, historical, scientific, partners who the 1998 and 2000 Under the SOPA Act, a governing the orderly and economic joined the Board on that date. the Honeysuckle Development educational and cultural activities. Olympic teams. Board of Authority was created development and use of Sydney Corporation. As State Manager for h) exercise such other functions as Mr Newman came to SOPA from a whose main function is to provide Olympic Park including provision Mr Elliott is currently a Director of Lend Lease Development during the are necessary in order to give effect successful tenure as Chief Executive direction and guidance to SOPA, and management of infrastructure Ansell Limited, a Director of to any relevant Plan of Management Officer of Emaar Properties in early 1990s, Mr Newman oversaw ensuring the principal functions and Fortescue Metals Group, Chairman b) promote, coordinate, organise, referred to in the SOPA Act. Dubai, United Arab Emirates, where development of the Australia Centre aims of the organisation are met. of Telstra Foundation Limited and a manage, undertake, secure, provide he managed some of the region’s at Sydney Olympic Park. An Agency of Government Director of Athletics Australia. There are a number of committees and conduct the following range of to address the Board’s range of As a Statutory Authority of the cultural, sporting, educational, New South Wales Government, responsibilities, including the Audit commercial, tourist, recreational, and Compliance Committee, SOPA is committed to serving the entertainment and transport public to the highest standards. Parklands Advisory Committee, activities and facilities Planning and Development SOPA operates in accord with Committee and the Education c) protect and enhance the natural initiatives of the present Reference Panel. For more and cultural heritage of Sydney Government to: From 1 July 2002 to 30 June 2003 the Board met on eight occasions. information on these committees, Olympic Park, particularly the > strengthen the State’s social please refer to page 69 of the Millenium Parklands fabric and economic position Board Meetings Attendance Record Appendices. d) provide, operate and maintain > deliver more and better services July 2002- June 2003 public transport facilities within and facilities Vision Sydney Olympic Park > maintain the high status of Board Members Jul-02 Aug-02 Oct-02 Dec-02 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Meetings The vision of SOPA is for Sydney environmental protection e) liaise with and maintain Attended Olympic Park to become an arrangements with Olympic > create the nation’s largest urban David Richmond yes yes yes yes yes yes yes yes yes 9/9 internationally recognised example organisations such as the park at Sydney Olympic Park. Chris Christodoulou yes yes yes yes yes yes yes no yes 8/9 of intelligent placemaking – a International Organising Committee dynamic and diverse town for living, Herb Elliott yes yes yes yes yes yes no yes yes 8/9 and the Australian Olympic working, learning and leisure – a Penelope Figgis yes yes yes yes yes no yes yes yes 8/9 Committee. place for all people set within a Gabrielle Kibble no yes yes yes yes yes yes yes yes 8/9 world class built and natural Robert Leece yes no yes yes yes yes yes yes yes 8/9 environment. Brian Newman yes yes yes yes yes yes yes yes yes 9/9

12 13 Organisational Structure 03 Building for the Future

Our work at Sydney Olympic Park Authority during 2002-03 has been to • Property Development • Commercial Services continue the planning and implementation of strategies that will ensure Property • Strategic Development • Asset Management Sydney Olympic Park becomes a thriving and sustainable town. This work has • Stadium Development • Construction & Infrastructure enabled us to begin to articulate long-term objectives for the town and to plan all aspects of its form, functionality and economic development. • Marketing • Site Operations & Event Management • Leisure Tourism • Business Events This process has involved the development of: Marketing & Corporate • Corporate Communications - Media Relations 2003-08 Corporate Plan Communications - Publications - Corporate Brand A five-year plan defining SOPA’s key corporate - Community Relations objectives and strategies • Visitor Services • Special Event Promotions Vision 2025 A 20-year plan for the physical forms and structures • Planning of Sydney Olympic Park • Urban Design Sustainability • Building Applications • Environmental Policy & Compliance Joint Statement of Cooperation with Parramatta Council A strategic partnership with Council that identifies

• Organisational Development a range of opportunities that will benefit both • Corporate Governance & Coordination Sydney Olympic Park and Parramatta Chief Corporate Services • HR Management Board Executive • Administrative Services Parklands 2020 Officer • IT Services & Records Management • Board Support & Executive Services A vision document that defines the nature of the Parklands and its future development, supported by the operational

• Financial Management Parklands Plan of Management • Financial Reporting & Budget Finance • Treasury Liaison Sustainability Policy and Sustainability Strategy • Accounts Processing A statement of our commitment to delivering environmentally • Risk Management sustainable outcomes for Sydney Olympic Park.

• Corporate Planning • Sports Management Business Development • Educational Development • Science & Technology • Culture & the Arts

• Parklands Management Parklands • Parklands Research, Education, Programs, Partnerships

• Events Operations Support • Site Presentation • Asset Functionality • Environmental Quality • Visitor Programs & Services • Education Programs Place Management • People-Movement, Safety & Security • Ranger Services David Young • Public Entertainment Executive Director • Ecosystems & Wildlife Place Management

14 15 03 Building for the Future

2003-08 Corporate Plan 2. become a centre for excellence 10. position Sydney Olympic Park as Organisational implementation As the diagram on the following Green community in education and training, using a recognised internationally page shows, each economic driver Committed to environmental Essential to SOPA’s place leadership Successful implementation of the Sydney Olympic Park’s ‘campus’ acknowledged and respected brand will promote a way-of-life and a set sustainability role at Sydney Olympic Park has Corporate Plan requires an environment to build a diverse that adds value to its product and of values which, together, make up been the preparation of our organisational response from SOPA Learning community student and institutional base service offering the ‘smart community’. 2003-08 Corporate Plan. that is both structural and cultural Learning is woven into the fabric of 3. promote science and technology 11. enhance Government return on and that harnesses the skills of our the town’s intellectual, cultural and The Corporate Plan incorporates the These community themes are: as economic activities and to investment by strengthening the team of professionals. economic community life concept of Sydney Olympic Park as a support the quality of life at Sydney commercial, social and economic multi-dimensional ‘smart In this market orientated, customer Sports town Events town and Olympic Park benefits of Sydney Olympic Park and community’ – a community that conscious and development-driven Sports play a vital role in people’s Creative community by progressively reducing net shares a set of values and enjoys a 4. position Sydney Olympic Park as business environment, the lifestyles in the most significant Events play a significant role in the annual operating costs. way-of-life unique to the place. a national centre for health, Corporate Plan also emphasises the and integrated sports centre in town’s burgeoning economic and recreation and wellbeing – an Supporting these business need for SOPA to manage rapidly the world social life and creative individuals These values, or ‘community themes’, enriching place for spiritual, objectives are a range of strategies changing business agendas. determine a point of difference for emanate from the six pillars of Intelligent community emotional, occupational, that will determine how we move the town. SOPA’s economic development World class IT&T infrastructure is intellectual, economic, social and forward in building and maintaining Creating a ‘smart community’ strategy, namely: science & used to improve the quality of life of physical welfare a thriving new town, and that The economic development of LEFT technology; health, recreation & those living, working and learning uphold the Olympic legacy of high Sydney Olympic Park is framed Deborah Hennessey wellbeing; environment; education; 5. become a regional centre for at Sydney Olympic Park Operations Accountant ecological, design and management around SOPA’s concept for a Financial Services sport; and culture, arts, food & culture, the arts, food and standards. ‘smart community’ where six Healthy community entertainment. entertainment – an activated, lively RIGHT interdependent community themes A holistic approach to physical and Wayne Prior place that offers a distinctive array Five ways in which SOPA will Together, these economic drivers – or ways of life – are promoted. environmental health Director, Commercial Property Services of social and cultural opportunities measure success in achieving these Property and their related community through events and other activities objectives are: themes will influence the way-of- life and quality-of-life enjoyed by 6. ensure that the principle of > changes in the physical character the new ‘smart community’. environmental, social and economic of Sydney Olympic Park to sustainability drive SOPA's place- develop a 'sense of place’ This new ‘smart’ approach to the leadership activities and way people live, work, play and learn > levels of visitation, activation international recognition of Sydney will enable us to build and maintain and enlivenment Olympic Park as an outstanding Unique Regional Position a competitive advantage for Sydney example of intelligent place making > levels of economic generation Sydney Olympic Park is located in the geographical heart Olympic Park. of metropolitan Sydney, 14 kilometres west of Sydney CBD 7. be home to one of the world's > market differentiation, as a and 8 kilometres east of Parramatta. Business objectives great urban parklands – bringing place for living, working, learning The Corporate Plan incorporates together nature, art and history and leisure Sydney Olympic Park enjoys a close relationship with the Western Sydney region, which is profiled below: eleven key business objectives 8. create a high quality living and > brand positioning. which will give a strong focus to our working environment that attracts Key performance indicators for each > Australia’s third largest economy behind Melbourne work as a placemaker at Sydney and retains a critical mass of Business Objective are also and Sydney CBDs Olympic Park. These objectives are: occupants who make use of high identified in the Corporate Plan and > 72,000 businesses generating $54 billion annual economic 1. build Sydney Olympic Park as quality social and recreational incorporated into SOPA's output and growing to $80 billion by 2013 Australia's premier sports infrastructure Operational Plan. > 1 in 5 Australian jobs destination and create a totally 9. expand the level of visitation to > population 1.8 million growing top 2.4 million by 2018 integrated sports industry model Sydney Olympic Park through product enhancement initiatives > 12% employment growth at double the population growth and effective marketing of leisure > 150 of Australia’s to 500 companies tourism, business events and venues > 1,500 IT companies, the highest concentration in Australia

> the largest healthcare precinct in the southern hemisphere

16 17 Sports Town 03 Building for the Future The most significant and integrated sports centre in the world where sports Vision 2025 Working closely with our entertainment/arts, recreation, play a vital role in neighbours transport, education, environment people’s lifestyles. Central to SOPA’s work in creating a and regional leadership. new town at Sydney Olympic Park is The year in review saw SOPA work the development of a comprehensive closely with its neighbours to SOPA anticipates that this shared Events Town & Healthy urban design strategy we have ensure our activities at Sydney commitment will help both Creative Community Community named Vision 2025. Olympic Park are responsive to local organisations achieve regional Events are significant in community needs and their planning targets and enable us to A holistic approach to The purpose of Vision 2025 is to economic and social life, and physical & environmental jurisdictions. expand our focus from local issues creative individuals health and urban design. resolve ways of creating a vibrant determine a point of to include state, national and and sustainable township at Sydney SOPA enjoys a close and productive difference for the international opportunities. A Joint community. Olympic Park by the year 2025. This relationship with Auburn Council, Advisory Group will hold annual long-term strategy will guide design the local government area in which reviews of new opportunities. and development at Sydney Olympic Sydney Olympic Park is situated. and achieve high quality Discussions were initiated regarding Craig Bagley environmental amenity for the Director, Planning Olympic Park how Auburn Council can play an Sustainability people who will work in, live in and important role in the provision of visit the precinct in the decades ahead. community services to Sydney Vision 2025 builds on the 2002 Olympic Park’s ‘new community’ of Sydney Olympic Park Masterplan workers, students and residents – Learning Intelligent (a planning framework for the Town services like childcare, library and Community Community Centre) and Parklands 2020 community centre support. The two World class IT&T Learning is woven into (a planning framework for our 425 organisations also worked together the fabric of intellectual, infrastructure and business on cultural events such as the partners complement the cultural and economic hectare Parklands). The process has creative community. community life.. brought together an expert team of Australia Day festivities. urban and landscape designers, In October 2002, SOPA and Green architects and specialists in Parramatta City Council endorsed a Community transport planning, environmental Statement of Cooperation that design, land economics, social Decisions are made according describes how both organisations to long-term commitment planning, large scale master can work together to create social, to environmental and planning and implementation, as economic sustainability. environmental and economic well as arts and culture. benefits for both Sydney Olympic Led by the Sustainability Unit, SOPA Park and Parramatta. Opportunities began work on Vision 2025 in March include tourism, marketing, 2003. We anticipate that its development will be completed in early 2004 and that it will be implemented through development framework for a smart community of a new Master Plan for Sydney Olympic Park. This new Master Plan the Sydney Olympic Park Authority’s 2003-08 Corporate Plan will ultimately need the approval of is framed by the concept of a ‘smart community’, a place where the NSW Minister for Infrastructure, Planning & Natural Resources, the six independent community themes and their economic drivers Hon Craig Knowles. will create a vibrant town in which people can live, work, play and learn.

18 19 04 Sense of Place

Sydney Olympic Park embraces 425 hectares of Parklands in the geographical heart of Sydney. As a world class model of environmental and cultural renewal, this is a place where nature has been regenerated after a long period of neglect. Pristine woodlands, wetlands and mangroves stand alongside significant cultural sites – to offer the community a program of recreational, inspirational and educational experiences.

Parklands 2020 Informal programs at the Parklands Parklands Plan of include picnicking, cycling and Management Under the SOPA Act, SOPA is walking. Formal programs have responsible for protecting, The SOPA Act requires that SOPA’s been designed to enhance vistors’ maintaining and improving the obligations as place manager for understanding of the place – Parklands to promote its the Parklands be translated into a through education programs, tours recreational, historical, scientific, viable operational plan through the and community/arts events. educational and cultural value. Parklands Plan of Management. The Education programs and tours tell SOPA's vision strategy for the Plan of Management – approved in of the Parklands’ indigenous, Parklands is Parklands 2020, which early January 2003 by Ministers colonial and naval history, and describes how SOPA can: Egan and Debus – facilitates the cultural events focused around developments outlined in Parklands > protect and enhance the enable the 2020 and defines the scheme of Parklands through research community to add their own operation for the Parklands. programs layer of contemporary stories to the place. Government approval of the Plan > develop environmental, of Management comes with history and arts programs that $25 million in capital funds over the engage the community in an next four years, and an additional enriching way. $1 million recurrent funding to Pristine woodlands, assist implementation. wetlands and mangroves stand alongside Swapan Paul Manager, Ecological Research Projects Parklands Placemaking significant cultural sites

20 21 04 Sense of Place

Parklands Events Program > Aboriginal consultation and Sydney Olympic Park. The new Tour Program The Education unit continued its > Health and Wellbeing Program The highly successful Parklands participation – excursions to the facilities skirt the former Royal The popular interpretation tours position as a key resource for senior offers a range of activities for Events Program – themed around Parklands in February 2003 Australian Navy Armament Depot program continued to develop secondary school students with people seeking to improve their the environment, history and the fostered Aboriginal involvement (RANAD) site (now Newington throughout 2002-03 with over 300 Stage 6 students making up 42% understanding of general health arts – has been shown to provide with the program Armory) and the Wanngal tours delivered to 6,500 participants. of all excursions. matters Woodlands and Wetlands to offer a participants with a net satisfaction > general program promotion – Whether spotlighting for animals at Parkland Tour Development > Ethnic Community Program is rate of over 80% (exceeding the unique historical and ecological dusk or identifying bird species at media coverage of the Aboriginal The Parklands Tour program and aimed at groups with traditional 70% benchmark set by SOPA’s experience to visitors. dawn, trained interpretation guides sites survey in March 2003 was School Holidays Tour program were cultural interests that are not yet Events and Entertainment policy). presented in the Sydney Morning deliver a program that enables fully expressed in the community Western Sydney Environment Week, reviewed during 2002-03, with Events featured in a full 2002-03 Herald, Koori Mail and local press people from all walks of life to learn or that have limited availability Newington Armory Open Day several tours re-presented and new program included: from the rich natural and cultural and presented in SOPA’s first tours were developed for delivery in in the region. heritage of Sydney Olympic Park. quarterly newsletter to promote The Parklands celebrated Western 2003-04 to include: Aboriginal History and the program Sydney Environment Week with an > Indigenous Tour Program will be Connections Program open day at Newington Armory on Education Program > Aboriginal history and heritage ready for a trial delivery in The Aboriginal History and 1 June 2003. Approximately 600 During 2002-03, SOPA ran excursion advice – provision of interim November 2003 and Connections Program was people participated in heritage and programs for 232 schools involving place names drawn from the presentation in December 2003 progressed to build SOPA’s nature tours, Aboriginal music and 512 classes and 12,173 students. This Sydney Aboriginal language(s) in preparation for the opening of knowledge of the significant dance, a water-themed photographic was an excellent result given the for precincts within the the Newington Armory on Aboriginal associations of the site, exhibition, the exhibition ‘Birds of significant amount of capital works Parklands. 18 January 2004 including: Sydney Olympic Park’ and displays of carried out during the period. Most live Green and Golden Bell Frogs full-day programs focused on the > Armory Heritage Tours 1897 > historical research – location of Opening of River Walk and Louise and bats. environment, with increasing to 1996 is in a continual previously unreported historical Sauvage Pathway numbers of programs using the state of development with evidence that shows continued On 6 March 2003, the Hon Michael built environment at Sydney extensive research traditional use of the Sydney Egan joined Olympic Gold Medallist Olympic Park. Highlights included gathered during 2002-03 Olympic Park area Louise Sauvage to officially open the opening of a shade shelter in for inclusion in the Sydney Olympic Park’s River Walk > cultural heritage research – Bicentennial Park, a new bridge to expanded program and the Louise Sauvage Pathway. location of previously Concord West, and a 50% increase in These pathways can be accessed by LEFT undocumented physical evidence Teach the Teacher programs. Luke Saffinga of Aboriginal usage of the wheelchair, bicycle and foot and add Senior Park Ranger Wanngal Woodland 6.3 kilometres of car-free paths to Place Management the 32 kilometres of pathways at RIGHT Judy Harrington Interpretive Ranger / Guide Place Management formal programs have been designed to enhance visitors’ understanding of the place

22 23 04 Sense of Place A Diverse Place

Research Programs Biodiversity implementation of a fox control program; a weed replacement trial The extraordinary diversity of people who come to Wetlands Ecology Research As a result of redevelopment at for the Brickpit; management of Sydney Olympic Park throughout During 2002-03, SOPA's Wetland water levels in constructed Sydney Olympic Park gives the place one of its the 1990s to conserve and enhance Ecology Research program spanned: freshwater ponds to maintain a genetic, species and ecosystem hydrology; nutrient and eutrophication minimum ‘frog level’ during the finest dimensions. During 2002-03, these people biodiversity, the place now contains issues; biodiversity; degradation, summer Green and Golden Bell Frog a rich diversity of ecologically repair and regeneration of habitats breeding season; and irrigation of and organisations included: significant fauna, flora and habitats. and communities; drought; drought-threatened saltmarsh The site’s constructed and altered and pest control. species Wilsonia backhousei. habitats and competing land > Local Rotary Club > National Dance Championships Program objectives were to management objectives mean that Monitoring and research programs > Corporate Events > Vision Quest Conference maintain rigorous scientific values, conservation of these biodiversity conducted by SOPA staff, external > Dance Parties > NSW Gridiron Football League increase the involvement of values requires ongoing and active ecologists and scientists, stakeholders, conduct expert management. community volunteers and research > Big Day Out > NSW Badminton Tournament reviews, build industry consultation students during 2002-03 assisted During 2002-03, SOPA undertook a > Desperate and Dateless Ball > Gay Games and create linkages with the SOPA to integrate the protection of wide range of management > Lunchtime Legends Sports Comp > School Speech Nights broader community. Where possible, ecological assets and values with activities to conserve biodiversity at scientific and technical publications management operations and > Lions Club > Transmission Dance Party were made on research outcomes. Sydney Olympic Park, including: visitation; apply and adapt > Beijing Organising Committee for > SES Turkish Concert installation of 38 bat and bird management strategies; and the 2008 Beijing Olympic Games As part of sharing information with breeding boxes; planting 7,500 > Karate Workshop special public interest groups, three conduct education and other > Candidate 2012 Olympic bid cities grasses, 10,000 shrubs, 15,000 trees > Lebanese Concert highly successful Wetland Education interpretive programs. and a shrub layer on Kronos Hill; > Macau Government Tourist Office > Kemp Ryu Karate Championships and Training workshops were also selective removal of mangrove > Korean National Olympic conducted. > Australian Deaf Games seedlings in saltmarsh stands; Committee A Wetland Action Plan is being mosquito control using a biological > Institute of Chartered > Thailand Minister of Sport drafted to guide our work to larvicide; induction training of 60 Accountants and Tourism landscape, construction and security protect, repair, enhance and > Katoomba Christian Convention conserve the wetlands. contractors; continued bush > Qatar Sports Academy > Special Interest Groups regeneration works; > Kenyan High Commission > School Groups > Canadian Provincial Parliamentarians > University and TAFE College Groups > Save the Children Australia > Doctoral research students > Hurstville City Council > Academic Scientists and > Australian Olympic Committee Specialists > USA Invitational School Volleyball > Practicing Ecologists > International Judo Open

> Hillsong Convention

LEFT TO RIGHT Kerry Darcovich Michael Thompson Graham Butchart Park Ecosystems Manager Administrative Support Officer Nature Tourism Coordinator Place Management Corporate Services Parklands Placemaking

Bindu Cholayil Jenny O’Meara Lesley Kempshall & Elizabeth Braga Ecology Projects Manager Strategic Relations Officer Administrative Assistants Place Management Marketing & Corporate Communications Place Management

24 25 05 Sustainable Community

Throughout the year, Sydney Olympic Park Authority continued to demonstrate a strong s commitment to best practice management of environmental, social and economic ction S Sele p e er ls c i sustainability. We developed a Sustainability Policy and Sustainability Strategy and produced e s Wat E Energy co Materia ce sys arklands and a State of the Environment report (SoE) that describes programs, education opportunities, tem P s open spa operational management functions and other activities that promote sustainability Heritage at Sydney Olympic Park. t Positive exp igh L e Ra is E ising o y n eri N it A viro l n wa ence t a o u i n t nme e r Q a e r i ness The SoE will move towards a > receive Ministerial approval for During 2002-03, SOPA also te d m n a e e tal g W m a e ‘sustainability reporting’ format for the Plan of Management for established strategic partnerships R n a

M

e 2003-04 to ensure ongoing diversity the Parklands with a diverse range of stakeholders t s

a in SOPA programs and initiatives, – including research institutions, W > host the launch of Western especially in relation to social businesses, environmental Sydney Environment Week 2003 sustainability. organisations and government at Newington Armory agencies – to build on existing The development and adoption of a > continue operational environmental legacies and to set Sustainability Policy and management and monitoring new benchmarks at Sydney Olympic Sustainability Strategy during programs on flora and fauna Park for social, environmental and 2002-03 have been key economic sustainability. achievements in promoting > receive endorsement from the sustainability as a key objective in NSW Heritage Council for the Sustainability Policy the 2003–08 Corporate Plan. Other Conservation Management Plan sustainable community The Sustainability Policy reflects achievements in sustainability for the Abattoir Heritage Precinct SOPA’s commitment to during the year were to: Sydney Olympic Park Authority’s commitment to best practice sustainability > receive commendation for environmental innovation and a and excellence in urban design are key considerations for future development at > establish an assessment process ‘conservation of built heritage’ in best practice approach to for environmental impact and the 2003 Energy Australia sustainability by prioritising water Sydney Olympic Park. The Sustainability Policy, Sustainability Strategy and Master Plan design of proposed commercial National Trust Heritage Awards and energy conservation, material provide extensive guidance on requirements for all future development. and residential developments for restoration of the Newington selection, waste minimization, Armory (formerly the Royal protection of the natural Australian Navy Armament environment, and engagement Depot, Newington) with stakeholders. Two mandatory requirements of In addition to maximising SOPA’s rigorous assessment criteria > commence development of a Sustainability Strategy the Park Master Plan are: opportunities for water and energy for evaluating potential sustainable leachate strategy 1. All developments at Sydney conservation, all future development proposals for Sydney The Sustainability Strategy is a > commence development of a Olympic Park must connect to developments must prioritise Olympic Park are similar to the practical interpretation of principles Social Plan for the town Sydney Olympic Park’s innovative selection of sustainable materials, criteria that was used to assess established in the Environmental waste management and environmental features of venues > develop a Waste Reduction and Water Reclamation and Guidelines (September, 1993) that minimisation, and environmental and infrastructure for the Sydney Purchasing Plan (WRAPP) Management Scheme (WRAMS), still apply to Sydney Olympic Park. innovation. Developments must also 2000 Olympic Games and The Strategy interprets the concept > complete the scheduled chemical 2. All new developments must demonstrate high-level Paralympic Games. waste treatment program. of sustainability for Sydney Olympic achieve a minimum 4.5 energy environmental management Park through four core performance efficiency rating from the throughout the design, construction areas, as described in the diagram Sustainable Energy Development Alan Hill and operational phases. CADD Services Manger opposite. Authority (SEDA). Place Management

26 27 05 Sustainable Community 06 Developing the Place

Environmental Compliance Social Sustainability Economic Sustainability Creation of a sustainable town at Sydney Olympic Park During 2002-03, there were no SOPA is currently developing its first The 2003-08 Corporate Plan reflects requires the development of many elements, not the least breaches to environmental Social Plan for Sydney Olympic Park SOPA’s understanding that the legislation that resulted in harm to to ensure the principles of social sustainability of Sydney Olympic being a quality living and working environment. the Sydney Olympic Park equity and opportunity inform all Park rests with its unique and environment. future development for the town. irreplaceable characteristics – and that a viable long-term economic The role of Property is best economic basis that will constitute The Social Plan is unique because it Waste Reduction and model and the proactive described through its business units a ‘unique integrated town’ at Sydney does not respond to an existing Purchasing Plan (WRAPP) implementation of this model are – Property Development, Olympic Park, is to ensure that the population. Instead, it will shape the essential to the creation of a Commercial Services and Asset town has the retailing, services and SOPA has developed a Waste future ‘character’ of Sydney Olympic sustainable town at Sydney Management (incorporating Capital public facilities and infrastructure Reduction and Purchasing Plan Park by enabling SOPA to Olympic Park. Works) which manage and change necessary for the town to function (WRAPP) as required by the Waste appropriately respond to the the physical landscape of Sydney and thrive; that people have what Avoidance and Resource Recovery evolution of: residential and Olympic Park with investors, they need to live, work, learn and Act 2001. The WRAPP – submitted to commercial development; visitor, developers, contractors and users. play at Sydney Olympic Park; that Resource NSW in February 2003 – educational and business people can easily travel to and from establishes operational strategies development programs; and The Property team has extensive the place; and that Sydney Olympic that will: minimise the generation residential, workforce and visiting property development and Park, whilst establishing its own of waste; require separation of populations. Key outcome areas that construction industry knowledge identity, is an integral part of the wastes generated by all activities for are proposed for the Social Plan and is well versed in the corporate regional community. re-use and recycling; and ensure the include: social infrastructure; social history of Sydney Olympic Park. purchase of products with recycled diversity; community engagement These personal skills are As delivery of the first residential and/or low waste content, wherever and participation; amenity safety complemented by the team’s high and commercial developments at these products are cost and and well being; and regional level of expertise in managing Sydney Olympic Park are staged over performance competitive. leadership, social equity and public land disposals (either as five to eight years, Property will The WRAPP recognises that the accessibility. The Social Plan will be freehold sales, leasehold and/or establish ongoing relationships with greatest opportunities to minimise completed in late 2003. financially structured schemes), developers to ensure the objectives waste and maximise recycling optimising the commercial of both the developer and SOPA are opportunities at Sydney Olympic LEFT outcomes and achieving a very high achieved. Developers can take Nicole Campbell standard of design and comfort from knowing that SOPA Park are in the areas of construction Manager, Environmental Policy and demolition activities, Sustainability environmental sustainability at understands their business and that landscaping, event management, RIGHT minimal risk to SOPA. their development will be an Terry Martin essential component of the overall and administrative services. Executive Director The Property team’s key focus in town strategy. Property delivering to Sydney Olympic Park the built form, mix of uses and

28 29 06 Developing the Place

Building a town > apartments x 736 – 66,000m2 provide restaurants, shops and town As well as delivering on this work, NSWIS facilities (and affiliates) will > $8.3 million was collected from facilities such as a library, Property must create new sport and include: a Strength & Conditioning commercial licence fees The first stage of development > office buildings x 3 – 50,000m2 under the 2002 Sydney Olympic community centre and childcare entertainment areas and maintain Gymnasium with an aerobic room ($324,095), estate levies ($4,044, > restaurants, retail space Master Plan was unveiled on 9 May centre. SOPA expects the first and present these facilities in a way for testing athletes under different 505) and commercial rents and cafes. 2003, with The Hon Sandra Nori MP, residents to move into their that is consistent with the environmental conditions; a ($3,997,112) apartments in late-2005. benchmark design standards and Biomechanical Laboratory and Video Minister for Tourism and Minister Multiplex/Babcock & Brown are > license agreements valued at values for which Sydney Olympic Analysis; Biochemical and for Sport and Recreation, the developers of Stage One’s three The Stage One projects will put $185,000 allowed the Royal Park is recognised internationally. Physiology labs; athlete career and announcing successful tenders for 20 storey residential towers and a Sydney Olympic Park on track to Agricultural Society to use of education facilities; a Psychology one residential and three six-storey residential podium becoming one of the most coveted sections of the Olympic Sports House area and Coaches area; a specialist commercial developments on building (representing a total of 736 places in Sydney to live,work, play Boulevard, Australia Avenue, The medical centre; Australian Sports approximately 2.5 hectares of land dwellings and 1,350m2 of ground- and learn. An exciting development Overflow, the Horse Exercise Trail Drug Agency; travel agent; and HR at Sydney Olympic Park. floor retail and commercial space) opportunity being pursued at and the Exhibitor Parking Area for The sale and development of land consultancy. on Site 3 at the northern end of Sydney Olympic Park is Sports the Royal Easter Show This $470 million investment is for Stage One will generate Australia Avenue. The architect is House, a new centre for sports testament to the private sector’s $70 million in benefits to the NSW Commercial Services > new Operator’s Agreements were Nick Turner & Associates. The administration, training, testing and confidence in the future of Sydney Government. Whilst the 2002 executed with the Sydney Cricket consortium intends to complete the education being procured under a During 2002-03, the Property team Olympic Park. The project will reap Master Plan identifies ten and Sports Ground Trust for the development over three stages in construct, finance and lease-back – through its Commercial Services major long-term social, development sites, in excess of Sydney Olympic Park Aquatic and six years. arrangement. SOPA called for business unit – continued to environmental and commercial twenty sites are earmarked for expressions of interest from negotiate and service a broad range Athletic Centres, and with the benefits for the people of New Charter Hall Holdings Pty Ltd/AMP development over the next ten years. financier/constructor consortiums of leases, licences and other Trust for the South Wales and across the broader Henderson Global Investors are the Sydney Olympic Park Sports Centre, In addition to land disposals for for Sports House in January 2003 agreements with stakeholders, community. The Stage One developers of Stage One’s three Hockey Centre and Sports Halls private sector development, and Government consideration of overseeing car-parking operations development marks commencement commercial six-storey towers on Property is also identifying and detailed proposals is expected by on the site, and providing commercial > the lease of the Golf Driving of the transformation of Sydney Sites 5, 6 & 7 which are positioned initiating developments which can late 2003. If approved by support to Event Operations, Range was finalised and the Olympic Park into a new, thriving town. between Herb Elliott Avenue and only happen through mechanisms Government, construction of Sports Marketing and Visitor Services. venue re-opened to attract over Dawn Fraser Avenue. The builder is This Stage One development such as: strategic public / private House on the corner of Olympic Significant achievements were: 3,000 clients per week, with Walter Construction Group and the initiative means that Sydney sector alliances, innovative Boulevard and Sarah Durack Avenue lessee plans for further architect is Richard Huxley & > a September 2002 review into car Olympic Park will experience a financing structures, securing would commence in early 2004. development to increase client Associates. parking operations and major phase of development during potential tenants for the private The proposal for Sports House is to management recommended an capacity 2003-08, leading to rapid urban These Stage One developments sector developers and introducing create a world class facility for both increase in casual and pre-booked > an independent report on the change and transcendence of the meet and exceed the NSW end-purchasers for those elite and amateur athletes and parking rates and a new level of electromagnetic Olympic life cycle. During this period Government’s sustainable developments when completed. bring together a wide range of incentive-based contract for the emissions from AM Radio towers 116,000m2 of new development will development requirements, with all Property has been very successful in sporting organisations, associations provision of management at Sydney Olympic Park be either completed or under buildings receiving a 4.5 star energy this regard and stands to generate and affiliated bodies – including the services. The contract with Secure (commissioned by SOPA and the construction – representing rating. Stage One will provide substantial additional revenues NSW Institute of Sport (NSWIS), Parking Pty Ltd was signed in Department of Planning, $0.5 billion in new investment homes for 1,500 people, from those pursuits. Department of Sport and Recreation February 2003 Infrastructure and Natural and including: employment for 3,000 people and (DSR) and a Sports Café. > 921,712 vehicles were parked on Resources) concluded “there is no the site during 2002-03 resulting basis for concern over direct The Stage One development marks in increased parking revenue at effects of radio-frequency $5,207,093 due to more events radiation for prospective commencement of the transformation of and greater customer apartment occupants…”. The familiarisation availability of AM transmission Sydney Olympic Park into a new, thriving town sites throughout the Sydney Region is to be reviewed by an inter-agency group

30 31 06 Developing the Place

> acquisition of land from > completing approximately $18 Design on the post-Games stadium in March 1999 for the Olympics, Games Memories Games Memories was opened by Waterways to complete the million in works including routine was enhanced during 2002 to seated 110,000 people. The striking installation of Games the Premier on 15 September 2002, boundaries of Bicentennial Park maintenance, breakdown/repair, provide an even better facility for on the second anniversary of the The installation of new moving Memories – ‘poles’, videos, and provide additional parklands replacement/renewal, the people of Sydney. All elements 2000 Olympic Games Opening. stand technology on the east and photographs, graphics and sound for research and public use horticultural and landscape of this work, listed below, cost The main installation is on the west lower seating tiers allows the effects – is a permanent recognition works, operation and cleaning of approximate $80 million and will be Stadium Forecourt. Two satellite > finalisation of the lease with stadium to host a wider range of of athletes, volunteers, audiences SOPA’s built and natural assets. completed for the 2003 Rugby installations are located at the Tennis NSW. events and will help to make the and visitors to Sydney Olympic Park World Cup: Sydney Aquatic Centre and at During 2002-03, the Property team stadium more profitable. These of those "best ever" Sydney 2000 the Sydney SuperDome. Asset Management completed a $26 million capital > demolition of the temporary events – including both rectangular Olympic Games and Paralympic SOPA’s Property team is also works program – providing north and south end stands field sports and oval field sports – Games. responsible for the creation and infrastructure to support growth of include rugby league, soccer, rugby > removal of the athletics the Town Centre and alterations to union, AFL, cricket, concerts, maintenance of the physical assets running track that make up the roads, carparks, the Telstra Stadium’s seating and speedway and extreme games. roof, a widely recognised achievement > moving the lower seating bowl utility services, infrastructure, public Major events held in Telstra Stadium that met budget targets. closer to the field areas, Parklands and the Town during 2002-03 included the Centre of Sydney Olympic Park. > construction of north and south Bledisloe Cup, the Australia v Wales Telstra Stadium development – end facades and roofs Rugby Union Test, various National Achievements related to creation of an Olympic legacy Sydney Olympic Park’s assets in Rugby League games including the was renamed > new Level 3 north seating tier 2002-03 include: Grand Final, two double headers, a Telstra Stadium in July 2002. Two > the AFL conversion works State of Origin and Bulldogs home > incorporation of the State Sports large Telstra Stadium signs were (larger field, moving east and games, regular Sydney Swans AFL Centre facility into SOPA’s major installed on the east and west west lower seating tiers) games and the final of the World maintenance contracts grandstands in February 2003 to > associated landscaping works. Speedway Championships. The first confirm the stadium's new identity. > development of performance- cricket game at Telstra Stadium, an Close cooperation between SOPA, based standards for the Parklands The Telstra naming rights ING Cup match between NSW and the Stadium Australia Group and and incorporation of these agreement runs until the end of South Australia, was played on 16 the builder Multiplex Constructions, standards into a major landscape 2009, with a number of options for February 2003. contract further extensions. has allowed post Olympic reconstruction to be carried out Telstra Stadium is situated on SOPA LEFT > finalisation of asset management whilst continuing to operate the Warwick Proctor land and is owned and operated by plans for all SOPA’s assets stadium for events. Telstra Stadium Director, Major Assets Management the Stadium Australia Group Property now provides a more comfortable, > incorporation of regular (comprising Stadium Australia Trust RIGHT intimate and exciting experience for performance assessment into and Stadium Australia Cheryl Wilson SOPA’s Cleaning and Waste spectators. The majority of seats are Administrative Assistant Management) under a long term Property closer to the action and protected contract agreement with SOPA. The stadium by the number of seats under cover will revert to the Government when > major refurbishment of the has been increased due to the the agreement expires in 2031. moveable floor in the Aquatic construction of the new north and Centre’s training pool The post-Games reconfiguration of south roofs. Telstra Stadium continued through Final capacity seating is 83,500 – 2002-03, although several months with approximately 83.5% of these were lost in late 2002 due to a seats under cover in ‘AFL mode’ and design dispute that was ultimately 78.5% under cover in ‘rugby mode’. resolved in January 2003. Work was The stadium's first stage, completed well advanced by 30 June 2003.

32 33 07 Developing Our Business

The attraction and development of new enterprises and major events to Sydney Olympic Park is the responsibility of the Sydney Olympic Park's Business Development team.

The team’s extensive commercial Initiatives during 2002-03 to raise AFL Extreme Sports conduct of coaching clinics and a experience allows SOPA to the profile of sport at Sydney SOPA secured the rights for SOPA has established relationships pre-season elite tournament. formulate, assess and develop Olympic Park across three levels – Collingwood Football Club to use with inline skating bodies for SOPA was instrumental in enabling potential opportunities for Sydney elite sports (international, national, Sydney Olympic Park as their base weekend participative events at the to play at the Olympic Park, in collaboration with state), developmental sports (youth, for a five-day camp in February that Sydney Olympic Park, and is SuperDome – for a minimum of two the specialist skills of other junior representative) and included training, corporate investigating the establishment of a games per season. This initiative has functional areas. community sports (general public functions and seminars. Centre for Urban Sports. These been very successful with the recreational, mass participation The Business Development initiatives will see the introduction inaugural game attracting 9,500 activities) – are the first steps in functional area became operational National Rugby League of street sports and extreme sports people (more than double the usual creating an integrated sports in November 2002, giving the new SOPA has established Sydney to Sydney Olympic Park. home crowd). The final against the industry model that is unique in the team eight months to achieve Olympic Park as the home for attracted 10,500 world for sport and sports precincts. exceptional results for 2002-03. National Rugby League referee training Olympians Dinner people – the second largest netball From a working brief across each of and conditioning, pursuant to a This year’s annual Olympian Dinner crowd in history. Basketball the Corporate Plan’s six economic three-year agreement with the NRL. on 14 September 2002 was hosted themes, the new team’s focus has The Australian Basketball Federation at Sydney Olympic Park by the NSW Hockey (One Basketball) relocated its been to develop SOPA's business Athletics Olympians Club. Over 200 former Sydney Olympic Park hosted the administrative headquarters to objectives in Sport and Education. SOPA has secured rights to host the Olympians were honoured for their 2003 Men’s Four Nations Sydney Olympic Park in February 2004 and 2005 National Athletics role in Olympic history with a Tournament and SOPA played a key 2003. The Federation is now a A Sports Town Championships and the National All special lighting of the Cauldron. role in enabling Hockey Australia resident of the Heritage Building in Schools Athletics Championships at to secure the rights to host the To position Sydney Olympic Park as the heart of Sydney Olympic Park’s Sydney Olympic Park. Netball 2003 BDO Women’s Champions Australia’s premier sports urban core, and is working with SOPA has entered into a three-year Trophy to be held in November at destination, Business Development SOPA to build the presence of Fun Run Events partnership with Netball NSW and Sydney Olympic Park. will optimise use of existing basketball at Sydney Olympic Park Sydney Olympic Park will host the the Sydney Swifts whereby Sydney facilities and develop strategic by attracting international, national Nike Women's Classic, pursuant to a Olympic Park will be the home for Mark Stewart partnerships with organisations and domestic competitions. Executive Director three-year agreement and the finish training and competition matches Business Development that can deliver new events and For the example, SOPA secured of the Sydney Marathon. for the Sydney Swifts. offer an enhanced range of sport rights for the Sydney Flames to play experiences at Sydney Olympic Park. The partnership also provides for a all 2003 home games at Sydney Swimming Olympic Park. series of other netball activities to SOPA has secured the right to host be conducted at Sydney Olympic the 2003, 2004 and 2005 National Park, including the establishment of Swimming Championships at an under 16s tournament, the Sydney Olympic Park Aquatic Centre.

34 35 07 Developing Our Business

A Learning Community SOPA's multi-sector approach to Early initiatives taken under the SOPA will later expand these Interactive Education This landmark educational program SOPA's plans for a new Australian education and training will be MoU include customer relations education programs into other areas in the Parklands is unique in education circles, both College Town – where Sydney developed across primary, secondary, training for all staff engaged by of the Sydney Olympic Park The heart of the Parklands program within Australia and overseas. higher education, and vocational SOPA for the Royal Easter Show economic development strategy. Olympic Park becomes a centre for is located at Newington Armory, The Program implements NSW education and training. Strong links 2003, consultation with all non- excellence in education and training making this one of Sydney's pre- Board of Studies curriculum across will be forged with the broader venue employers to identify training An Intelligent Community – are founded on our belief that eminent educational, recreational three Key Learning Areas (Human community through a base of needs, and development of an eco- student life and learning processes As well as developing business and cultural destinations. While the Society and its Environment (HSIE), school excursion and curriculum- tour program. The purpose of the are essential to the fabric of a relationships that enhance Sydney Parklands education program Technology and Applied Studies based programs, as well as in eco-tours was to provide vibrant and diverse community. Olympic Park’s education and already attracts 14,000 students to (TAAS) and Science, for Kindergarten national and international information on the environmental training infrastructure and that Bicentennial Park each year, we In February 2003, SOPA created an to Year 12. In time, these KLAs will be education and training markets. heritage of Sydney Olympic Park, establish Sydney Olympic Park as a anticipate hosting 100,000 students Education Reference Panel to expanded. The DET and MCEO will with particular emphasis on SOPA's pre-eminent destination for school a year in three years time. provide the Board with advice on a advertise the Program across the Memorandum of Understanding award-winning Water Reclamation excursions, a key business objective range of education and training During the last twelve months, Sydney catchment area, and will with TAFE NSW & Management Scheme. More than of the 2003-08 Corporate Plan is to matters that will assist SOPA to Parklands management has worked provide teacher support. A Memorandum of Understanding 300 people took an eco-tour during promote science and technology for implement the College Town strategy. in close partnership with the NSW between SOPA and TAFE NSW was the Royal Easter Show 2003. the enhancement of both competitive Questacon Department of Education (DET), signed on 15 January 2003 to enable advantage and the quality of life of Metropolitan Catholic Education SOPA is working with Questacon, the development of a range of Education programs those people living, working, and Office (MCEO), Sun Micro Systems the National Science and Technology cooperative ventures focussed on Sydney Olympic Park provides a learning at Sydney Olympic Park. and University of Wollongong to Centre based in , to bring workplace training. These initiatives significant number of education As a leading example of the inter- develop a unique interactive new educational science and will contribute to an effective programs and skill acquisition dependence and inter-relatedness of education program that will be technology projects to Sydney education and training culture at activities for primary and secondary SOPA’s business strategies, the launched at the Parklands in Olympic Park. Questacon presented Sydney Olympic Park and ensure: students. School sports Parklands functional area is January 2004. a highly successful display at the competitions attracted 80,000 > the precinct’s national and developing a world class interactive 2003 Royal Easter Show and in late students to Sydney Olympic Park The Interactive Program will allow international reputation for education program that utilises 2003 will be on site with two during 2002-03. To expand this school groups to explore the excellence in service provision is Sydney Olympic Park’s IT expanded exhibitions, Sports Quest potential, SOPA has collaborated curriculum-based content deployed maintained infrastructure and furthers the and NRMA RoadZone. These with venues to develop a set of in 10 Sunray database terminals in Corporate Plan’s business objectives interactive exhibitions for families > opportunities are maximised to sports education programs that the Parklands and to email the in Education, Science and and students will contribute to integrate education and training will be provided to primary and results, along with the field notes Technology, Environment, Health, realising SOPA objectives in science objectives with SOPA's sporting, secondary schools. This development they make in the natural and built Leisure and Wellbeing, and Culture, and technology, sport and recreational, environmental, process began in May 2003, with environments, back to their schools. Food, Arts and Entertainment. recreation, education and health. cultural and commercial objectives. sports education programs due to commence in October 2003. Hon Wing Ho Assistant Accountant Financial Services

36 37 08 Managing the Place

During the year, the Sydney Olympic Park Authority established the concept for a Place Management functional area to manage day-to-day operation, enlivenment, maintenance and conservation of Sydney Olympic Park’s Urban Core and Parklands.

Place Management will address Strategies for achieving this The Cauldron was alight for the day Sydney Dreaming 2002 – World Trade Organisation – eight key result areas involving: objective are to: develop and to honour the spirit of the Games. celebrating Aboriginal culture Informal Meeting of Ministers enhancing site presentation; promote the concept ‘Sydney SOPA asked each Sydney Olympic The first ever Sydney Dreaming The World Trade Organisation (WTO) providing visitor programs and Olympic Park food experience’; work Park venue to participate in Alive! to festival was held at Lake Belvedere held a Ministers' Informal Meeting services; protecting environmental with developers to increase leisure, promote the unique qualities of the in Bicentennial Park during 16 & 17 at the Novotel at Sydney Olympic quality; managing public safety and entertainment and retail facilities; precinct and to provide visitors with November 2002 to provide the Park on 15 November 2002, following people movement; preserving asset regularly host major events and high level experiences that would Sydney community with insight into its decision three weeks earlier to functionality; and delivering public develop leisure and entertainment positively influence repeat usage. the meaning of indigenous hold the WTO Meeting at Double events and entertainment. events to attract wide community ceremony. Bay, in Sydney’s eastern suburbs. interest; create exhibitions, tours Alive! demonstrated the widespread Place Management will directly and performances in the Parklands public benefit of Government Sydney Dreaming – directed by The decision to hold the Meeting at contribute to the achievement of to establish the Armory as an investment in Sydney Olympic Park Rhoda Roberts and produced by the Sydney Olympic Park was made only SOPA’s corporate objectives, and also exciting destination. and paid tribute to the 2000 Public Events Group – built on the three weeks prior to the event, and support other areas of SOPA through Olympics by: celebrating the finish successes of the 1997 Olympic Arts security was extremely high. In the development of business and Major 2002-03 events at Sydney of the 2002 Sydney Marathon; NSW Festival, Festival of the Dreaming anticipation of at least 8,000 placemaking initiatives. Olympic Park included Sydney Swimming Association Open Short and Awakening segment of protesters, NSW Police imposed a Olympic Park Alive!, Sydney In its place-management role, SOPA Course Championships; the launch Sydney 2000. three-day lock down of the precinct. Dreaming, the WTO Ministers’ places particular emphasis on of Games Memories by the Premier On the day, less than 1,000 Informal Meeting and Royal Sydney 5,000 people attended Sydney existing and established elements attended by 2000 volunteers; and protesters attended the Meeting Easter Show. Dreaming events, including of Sydney Olympic Park, managing launch of two public art Garrabadu, a traditional water and NSW Police made 35 arrests. ‘today’ to ensure visitors have a installations – 8 Women by Imants Sydney Olympic Park Alive! cleansing ceremony, and weekend Prior to the lock-down, NSW world-class experience in both the Tillers in the Overflow Park and cultural workshops for adults Police and SOPA fully briefed Parklands and the Town Centre. On 15 September 2002 – the second Olympic Athlete at the Sydney and children. stakeholders and made anniversary of the 2000 Olympics – Athletic Centre, a gift from AMP. alternative transport, parking An Events Town and SOPA staged the Sydney Olympic Many Olympic legends attended The Bicentennial Park setting and delivery arrangements for Arts Community Park Alive! festival, a new annual these events and a strong highlighted the cultural, event for the Sydney community environmental and historical venues and businesses. SOPA is focused on becoming a partnership was forged with the that commemorates those “best significance of Sydney Olympic Park, lively regional centre for arts, Olympian Club. John Ferguson ever” Games and fully expresses the with free entry to Garrabadu to Director, Events & Operational Support culture, food and entertainment. vitality of Sydney Olympic Park’s In addition to these Olympic ensure maximum media exposure Place Management diverse range of venues and Anniversary events, the precinct and best possible public response in opportunities. came ‘alive’ with a wide range of the festival's first year. events for young people, families, sports fans and Olympic volunteers.

38 39 09 Support Services

Marketing and Corporate The Brand > exhibitions and shows have the Visitor wayfinding Visitor Gateway Centre Cooperative marketing under the Communications In July 2002, SOPA completed a power to attract visitors from A comprehensive signage audit A review of Visitor Services at Sydney Olympic Park brand has The brand positioning, product major consumer research study to Greater Sydney resulted in SOPA working with the Sydney Olympic Park in November delivered a stronger identity. The appointment of a Business development and promotion of inform development of Sydney > patronage of the Aquatic Roads and Traffic Authority to 2002 recommended an upgrade of Development Manager, Business Sydney Olympic Park is determined Olympic Park's new brand strategy. Centre is growing change Sydney road signs to reflect Visitor Information Centres. The and driven by SOPA’s Marketing and The strategy maps our vision for the the new location of “Sydney Olympic main Visitor Centre is being moved Events – jointly funded by SOPA and > ‘green’ attractions at Sydney Corporate Communications Sydney Olympic Park brand and Park”. Signs directing traffic to to a site next to Olympic Station. the Sydney Olympic Park Business Olympic Park have greatest functional area. identifies brand values and attributes Sydney Olympic Park no longer read Work will be completed on the new Association – has streamlined the leverage within the local that will inform new product “Homebush Bay”. Key wayfinding Visitor Gateway Centre in September enquiry and sales process for both The Marketing and Corporate community development, communications and signs within Sydney Olympic Park 2003. It will provide visitors to clients and venues. Communications team worked with potential partnerships. The strategy > perceptions of Sydney Olympic have also been upgraded. Sydney Olympic Park with all key Sydney Olympic Park venues 2002-03 delivered record business identifies major consumer touch Park have improved within the information on the entire Sydney and stakeholders to develop and event bookings with an increase in points, including customer service, Outer Local Community and Website region and help them choose manage the strategic direction and 37% over the previous financial year signage, naming and brochures. Greater Sydney. between venues, events and implementation of SOPA’s marketing A review and restructure of the in the number of business events activities at Sydney Olympic Park. and corporate communications. SOPA worked with key stakeholders Sydney Olympic Park website was held, with some venues almost Site-wide stakeholders to gain their support in promoting completed to include a functionality doubling their business in the Day Major initiatives and achievements Major Event Development the new Sydney Olympic Park brand. SOPA worked with Sydney Olympic and content upgrade, redesigned look Meetings and Conference market. during 2002-03 included: Park's major venues and key and review of linkages. A strategy for Securing Events for All collateral and communications SOPA is continuing to work stakeholders to develop an Sydney Olympic Park was developed were redesigned and work has strategically with Government and overarching communications and Sponsorship strategy in October 2002. Major venues commenced on progressively industry to build recognition as the marketing strategy that will grow To assist development of new hosted 130 major or significant enhancing signage and other visitor major business event and exhibition visitation to Sydney Olympic Park sponsor partnerships that enable events at Sydney Olympic Park support communications. precinct outside and increase the patronage of major SOPA to share and promote the during 2002-03. Each event and the CBD. As part of SOPA’s annual consumer venues. The strategy was assets of Sydney Olympic Park with attracted more than 5,000 people – research, the benchmark study in totalling 2.4 million for the year. implemented by four sub- all stakeholders, SOPA contracted Growing Leisure Tourism June 2003 indicated: committees – Business Events, Carnegie Sports International to New events included: Sydney To increase tourist visitation to > increased prompted awareness of Leisure Tourism, Events and audit Sydney Olympic Park's Dreaming, a unique indigenous Sydney Olympic Park, SOPA has precinct image, range of attractions Communications – which conducted sponsorship potential and to festival staged in Bicentennial Park entered into a formal partnership available and visitor information a range of cooperative develop a set of Guidelines that in November 2002; the ARIA Awards with Tourism Sydney.The partnership communication and marketing SOPA will use to evaluate all at the SuperDome in November > Sydney Olympic Park has not lost will develop a range of cooperative activities across Sydney Olympic sponsorship proposals. 2002; One Day Cricket at Telstra commitment from visitors, marketing campaigns that grow Park's consumer markets: Sydney Stadium in February 2003; and the despite competition from The The primary objective for SOPA interstate and intrastate tourism Leisure; Business Events; Leisure Davis Cup at the Sydney International Rocks and Fox Studios entering into sponsorship alliances markets. A concurrent review of the Tourism; Investor and Developer; Tennis Centre. is to help to deliver Sydney Olympic Sydney Olympic Park tourist and Education. Park’s corporate objectives . By Growing Business Tourism experience has resulted in the LEFT viewing all new sponsorship and Events upgrade of several tours for Catherine Hamilton opportunities as partnerships in domestic and international visitors. Executive Assistant to Geoff Buckley A comprehensive study into Sydney Marketing & Corporate Communications which both parties mutually benefit Olympic Park's business events from a commercial agreement, SOPA RIGHT market was undertaken in Geoff Buckley anticipates building long-term, November 2002, resulting in the Executive Director integrated alliances that Marketing & Corporate Communications development of a Business Event compliment our brand values – and Strategy and the establishment of a through which corporate sponsors one-stop-shop for venue hire are able to dedicate substantial enquiries across Sydney Olympic human, financial and marketing Park’s eight major venues. resources to Sydney Olympic Park.

40 41 09 Support Services

Corporate Services Corporate Services oversees the > establishment of an Occupational > collaboration with the Rotary This will significantly reduce the implementation of all governance, Health & Safety Committee Club of Ryde to sponsor 30 children number of paper transactions, SOPA’s placemaking and place statutory and government with disabilities from the thereby enhancing efficiency. management functions are > implementation of strategies to requirements. To enable SOPA to Homebush/Flemington area to underpinned by governance and safeguard SOPA’s physical assets There were no industrial relations function at maximum efficiency, attend the Annual Children’s Film support services. These services are during the World Trade Organisation disputes during the year and Corporate Services provides a full Festival in May 2003 the ‘oil’ that ensures our business Meeting at Sydney Olympic Park in performance targets nominated in range of organisational support engine runs smoothly and it is the role November 2002 and ensured staff > conduct of corporate training the operational plan were achieved functions. of Corporate Services to ensure that welfare needs were identified and programs in the areas of child to the specified standard. The major strength of Corporate addressed protection, records and information the highest standards of corporate Our most exciting challenge during Services is the experience of a small, management, goods and services governance are applied across the > implementation of revised 2002-03 was to support SOPA in multi-skilled team of professionals procurement, safety management, management of SOPA’s business. arrangements for appointment establishing itself as an outstanding who are committed to the recruitment selection, and disability Corporate Services promotes a work processes, management of public authority committed to the development and management of awareness culture that fosters and recognises misconduct and unsatisfactory development and maintenance of Sydney Olympic Park. The team’s creativity, performance and performance, resulting from the > development of a number of Sydney Olympic Park as an eminent primary objectives are to: facilitate continuous improvement in SOPA’s Public Sector Employment and human resource and related policies place that provides diverse the operational and organisational operations, and fosters an enterprise Management Act 2002 and procedures including Exit opportunities for emotional, effectiveness of SOPA; enhance culture that will attract and retain Procedures, Work Experience, occupational, social, intellectual, SOPA’s organisational effectiveness > completion of a rollout of new high calibre individuals who are able Uniform Policy, Assistance with the economic, spiritual and physical through implementation of the PCs to all SOPA staff to contribute to the organisation’s Purchase of Annual Public Transport wellbeing. Corporate Services highest standard of human resource goals. The Corporate Services team > development of a framework for Tickets, and Financial Assistance for exercises a key role in the management practices; coordinate also develops and maintains the the implementation of salary Tertiary Study development of an organisational the management of all statutory internal management systems and packaging for all staff within the culture that is characterised by high and Government requirements > agreement with the PSA on processes that will achieve organisation. This option was level skills and expertise, throughout SOPA; provide highest seven-day cycle and rostered shift fulfilment of SOPA’s corporate previously only available to SES and competence and enthusiasm. quality support and administrative arrangements during the Easter objectives. senior officers (salary packaging services; develop and implement Show, to meet extraordinary within SOPA will commence in Phil Sidoti demands of the Show period and The Corporate Services functional SOPA’s Information Technology and 2003-04) Executive Director area is made up of six business Telecommunications Strategy; and ensure all SOPA staff were Corporate Services units: Executive Services, Corporate manage corporate information. > development of a policy appropriately compensated framework for the operation of Governance Coordination, Personnel > work with the Central Corporate During 2002-03 Corporate Services’ Sydney Olympic Park Business Services, Administrative Services, Services Unit (CCSU) within the achievements included: Association Rewards Program for Information Technology and NSW Department of Commerce to > coordination of the recruitment SOPA staff Telecommunications Strategy and introduce electronic employee self- of 4 Executive Directors and 15 senior Services and Records and Corporate service (ESS) in September 2002. The staff to key positions across SOPA. Information Services. In contributing EES gives employees online access to SOPA’s long-term corporate > development of a Performance to information on leave balances objectives, the team’s vision is for Management System – in and service history, and the capacity a well-trained and committed consultation with SOPA staff and to change personal details such as workforce to enhance SOPA’s place the Public Service Association (PSA) address and bank account details. as a highly respected statutory body to assist optimum performance of within the NSW Public Service. staff and identify training needs

42 43 09 Support Services

Financial Services The specific functions of Financial Major achievements – to 2006-07. SOPA will also be taking > Occupational Health and Safety Services include: financial and Financial systems on funding responsibility for the Management System that The Financial Services functional treasury accounting, management Aquatic Centre and State Sports incorporates SOPA's OHS Policy area is responsible for the effective From 1 June to 1 July 2003, Financial accounting, business systems, Centre in the 2003-04 financial year. management of SOPA's finances Services upgraded the SAP Financial > procedure for reporting and accounts payable, accounts and risks through effective and Management System from version Offsetting these increased costs are responding to incidents and receivable, risk management, innovative financial systems, 3.1H to 4.6C. The upgrade was a growing income stream generated other issues insurance and asset accounting. financial advice, financial planning necessary to ensure future support from carpark revenue, licence fees, Finance also implements finance > revised Work Permit system and risk mitigation strategies, and of the application and, thanks to rental income and Sydney Olympic and risk management policies and to control work carried out by ensuring that all statutory financial excellent project management, this Park's expanding array of procedures; process and record contractors at Sydney obligations are met. was the fastest technical SAP educational, cultural, sporting and insurance claims; and respond to Olympic Park. upgrade turnaround time in tourism-based programs. subpoenas for public liability claims. the country. SOPA's contribution to the Treasury Capital income generated from land Certainly, Financial Services’ greatest Managed Fund (self-insurance During the year, Financial Services sales and developer contributions assets are a highly dedicated, skilled arrangement) for 2002-03 was also decentralised SOPA’s during 2003-08 is forecast to total and motivated team, and a well $811,980. This figure increased by purchasing and implemented an $30 million. Capital replacement developed financial management 31% to $1,064,520 for 2003-04 online purchasing system, changed funding is expected to demand funding system that has integrated ordering Treasury Managed Fund. SOPA’s banking arrangements of at least $3 million per annum and accrual functionality. without the use of any paid external over the five-year planning period. The major risk-related Corporate The Financial Services team support (SOPA is one of the earliest Objectives for 2003-04 are: In driving our income harder and supports other functional areas in agencies to achieve this), targeting incremental reductions in > refinement of the OHS SOPA with financial information and implemented an integrated fixed funding from Treasury, SOPA aims to Management System including budgeting and commercial asset module and improved SOPA’s demonstrate long-term internal audit, and strategies – and works closely with compliance to GST, which was improvement in business the commercial side of SOPA's evidenced by a follow up review > development and performance and sustainability. business, assessing business and from our internal auditors, Deloittes. implementation of: development bids and providing Risk Management • a Security Risk Management Plan, strategic and operational advice to Agreement with Treasury During 2002-03, a workshop was incorporating Counter-Terrorism each business unit. SOPA has $2.1 billion in assets conducted for Executive Directors to strategies and annual expenditure of identify the major risks that could • a framework for review and Principles of financial approximately $60 million – of impact negatively on SOPA’s 2003- monitoring of action plans related management which approximately $20 million is 08 Corporate Plan. These risks and to the Top 10 Corporate Risks In its work to assist SOPA achieve its generated from the private sector their related mitigation strategies vision of establishing a vibrant town and approximately $40 million is were linked to objectives in • additional risk-related Policies at Sydney Olympic Park, the SOPA funded by NSW Treasury. Divisional Operations Plans to • a formal Risk Management Board established some key SOPA will continue to rely heavily on ensure that risk mitigation Training Program financial principles that will guide recurrent funding from the NSW strategies were appropriately the future financial management • a process to monitor effectiveness Government in order to perform its identified and allocated to and planning of the organisation. of Risk Management Policies, work during the next five years. functional areas. These principles included the need Procedures and Action Plans. Capital expenditure on community for SOPA to retain proceeds from During the year, the following service obligations in 2003-04 will LEFT land sales to fund income- Policies and Procedures were include an outlay of $5 million on Andrew Rennie producing capital expenditure developed to assist the Risk Manager improvements to the Parklands, within Sydney Olympic Park. management of risk: Financial Services with a further $17 million allocated RIGHT Nick Hubble Executive Director Financial Services

44 45 10 Financial Statements

10 Financial Statements GPO BOX 12 SYDNEY NSW 2001

Sydney Olympic Park Authority, 7 Figtree Drive, Sydney Olympic Park NSW 2127 INDEPENDENT AUDIT REPORT SYDNEY OLYMPIC PARK AUTHORITY

To Members of the New South Wales Parliament Audit Opinion In my opinion, the financial report of the Sydney Olympic Park Authority: SYDNEY OLYMPIC PARK AUTHORITY (a) presents fairly the Authority’s financial position as at 30 June 2003 and its financial Financial Statements for the Year Ended 30 June 2003 performance and cash flows for the year ended on that date, in accordance with applicable Accounting Standards and other mandatory professional reporting requirements in Australia,and (b) complies with sections 41B and 41BA of the Public Finance and Audit Act 1983 (the Act). Pursuant to Section 41C(1B) and (1C) of the Public Finance and Audit Act 1983, we The opinion should be read in conjunction with the rest of this report. declare that in our opinion: The Board’s Role The financial report is the responsibility of the Members of the Sydney Olympic Park 1. The accompanying financial statements exhibit a true and fair view of the Authority. It consists of the statement of financial position, the statement of financial performance, Authority’s financial position as at 30 June 2003 and transactions for the year the statement of cash flows and the accompanying notes. then ended. The Auditor’s Role and the Audit Scope As required by the Act, I carried out an independent audit to enable me to express an opinion on the 2. The statements have been prepared in accordance with the provisions of the financial report. My audit provides reasonable assurance to Members of the New South Wales Public Finance and Audit Act 1983, the Public Finance and Audit (General) Parliament that the financial report is free of material misstatement. Regulation 2000, the Treasurer’s Direction and the directives of the Financial My audit accorded with Australian Auditing and Assurance Standards and statutory requirements, and I: Reporting Code. • evaluated the accounting policies and significant accounting estimates used by the Board in preparing the financial report, and Further, we are not aware of any circumstances which would render any particulars • examined a sample of the evidence that supports the amounts and other disclosures in the financial report. included in the financial statements to be misleading or inaccurate. An audit does not guarantee that every amount and disclosure in the financial report is error free.The terms ‘reasonable assurance’and ‘material’recognise that an audit does not examine all evidence and transactions. However, the audit procedures used should identify errors or omissions significant enough to adversely affect decisions made by users of the financial report or indicate that Board Members had failed in their reporting obligations. My opinion does not provide assurance: D Richmond AO B Newman • about the future viability of the Authority, Chairman Chief Executive Officer • that the Authority has carried out its effectiveness effectively, efficiently and economically, or • about the effectiveness of its internal controls. Audit Independence 24 September 2003 The Audit Office complies with all applicable independence requirements of Australian professional ethical pronouncements. The Act promotes independence by: • providing that only Parliament, and not the executive government, can remove an Auditor-General, and • mandating the Auditor-General as auditor of public sector agencies but precluding the provision of non-audit services, thus ensuring the Auditor-General and the Audit Office are not compromised in their role by the possibility of losing clients or income.

A Oyetunji CPA Assistant Director of Audit

SYDNEY 25 September 2003

Tel +61 2 9714 7300 Fax + 61 2 9714 7818 www.sydneyolympicpark.nsw.gov.au ABN 68 010 941 405

46 47 10 Statement of Financial Performance 10 Statement of Financial Position for the Year Ended 30 June 2003 as at 30 June 2003

NotesActual Budget Actual NotesActual Budget Actual 2003 2003 2002 2003 2003 2002 $'000 $'000 $'000 $'000 $'000 $'000

Expenses ASSETS Operating expenses Current Assets Employee related 2(a) 16,352 17,330 15,487 Cash 9 33,463 5,516 20,359 Other operating expenses 2(b) 37,432 34,492 43,255 Receivables 10 22,951 7,980 6,780 Maintenance 10,521 10,235 10,951 Inventories 11 26 26 26 Depreciation and amortisation 2(c) 44,288 26,573 43,473 Total Current Assets 56,440 13,522 27,165 Grants and subsidies 2(d) 3,237 1,500 - Other expenses 2(e) 27,543 - - Non-Current Assets Total Expenses 139,373 90,130 113,166 Receivables 10 66,516 - - Inventories 11 13,920 - - Less: Other financial assets 12 0 2,624 0 Retained Revenue Property, Plant and Equipment Sale of goods and services 3(a) 14,251 13,619 12,706 - Land and Buildings 1,113,995 1,149,440 1,129,838 Investment income 3(b) 5,382 1,440 1,658 - Plant and Equipment 6,323 7,113 6,968 Retained taxes, fees and fines 3(c) 338 500 208 - Infrastructure Systems 535,667 609,947 608,577 Grants and contributions 3(d) 5,530 2,757 2,482 Total Property, Plant and Equipment 13 1,655,985 1,766,500 1,745,383 Other revenue 3(e) 28,936 67,695 66,890 Other 14 216,762 258,909 194,739 Total Retained Revenue 54,437 86,011 83,944 Total Non-Current Assets 1,953,183 2,028,033 1,940,122 Total Assets 2,009,623 2,041,555 1,967,287 Gain / (loss) on disposal of non-current assets 4 (462) 10,922 - LIABILITIES Net Cost of Services 22 85,398 (6,803) 29,222 Current Liabilities Payables 15 18,638 1,412 13,862 Government Contributions Provisions 16 4,049 4,195 3,893 Recurrent appropriation 6 40,919 40,922 34,730 Other 17 1,008 5,513 13 Capital appropriation 6 27,877 27,877 6,856 Total Current Liabilities23,695 11,120 17,768 (Asset sale proceeds transferred to the Crown Entity) - (14,922) - Acceptance by the Crown Entity of employee benefits and other liabilities 7 1,649 377 1,654 Non-Current Liabilities Total Government Contributions70,445 54,254 43,240 Provisions 16 4,410 2,918 2,918 Total Non-Current Liabilities4,410 2,918 2,918

SURPLUS /(DEFICIT) FOR THE YEAR 18 (14,953) 61,057 14,018 Total Liabilities28,105 14,038 20,686

TOTAL REVENUES, EXPENSES AND VALUATION --- Net Assets 1,981,518 2,027,517 1,946,601 ADJUSTMENTS RECOGNISED DIRECTLY IN EQUITY

TOTAL CHANGES IN EQUITY OTHER THAN EQUITY 18 THOSE RESULTING FROM TRANSACTIONS Total Equity 1,981,518 2,027,517 1,946,601 WITH OWNERS AS OWNERS (14,953) 61,057 14,018 The accompanying notes form part of these statements. The accompanying notes form part of these statements.

48 49 10 Statement of Cash Flows 10 Notes to the Financial Statements for the Year Ended 30 June 2003

1. SUMMARY OF SIGNIFICANT All amounts are rounded to the (iii) Investment Income NotesActual Budget Actual nearest one thousand dollars and are Interest revenue is recognised as it 2003 2003 2002 ACCOUNTNG POLICIES expressed in Australian currency. $'000 $'000 $'000 accrues. Rent revenue is recognised (a) Reporting Entity (c) Administered Activities in accordance with AAS17 "Accounting The Sydney Olympic Park Authority for Leases". CASH FLOWS FROM OPERATING ACTIVITIES (SOPA) was established in 2001 and The Authority does not have any Payments took over the previous responsibilities administered activities. (e) Employee Entitlements Employee related (15,304) (16,372) (12,979) of the Olympic Coordination Authority (d) Revenue Recognition (i) Salaries and Wages, Annual Leave, (OCA). Sick Leave and On Costs Grants and subsidies (3,560) (1,500) - Revenue is recognised when the GST Remitted to the ATO (447) - - The reporting entity is consolidated agency has control of the good or Liabilities for salaries and wages and as part of the NSW Total State Sector Other (54,916) (53,529) (35,891) right to receive, it is probable that the annual leave are recognised and Accounts. economic benefits will flow to the measured in respect of employees’ Total Payments(74,227) (71,401) (48,870) (b) Basis of Accounting agency, and the amount of revenue services up to the reporting date at can be measured reliably. nominal amounts based on the The Authority’s financial statements amounts expected to be paid when Receipts Additional comments regarding are a general purpose financial report the liabilities are settled. Sale of goods and services 14,558 13,619 10,943 which has been prepared on an the accounting policies for the Retained taxes, fees and fines 338 - 208 accruals basis and in accordance with: recognition of revenue are Unused non-vesting sick leave does discussed below. not give rise to a liability as it is not Interest received 1,160 1,440 1,188 • applicable Australian Accounting considered probable that sick leave (i) Parliamentary Appropriations and GST Received from the ATO 9,092 - 1,585 Standards taken in the future will be greater than Contributions from Other Bodies Other 15,524 10,982 2,127 • other authoritative pronouncements the benefits accrued in the future. Parliamentary appropriations and Total Receipts40,672 26,041 16,051 of the Australian Accounting The outstanding amounts of payroll contributions from other bodies Standards (AASB) tax, workers’ compensation insurance (including grants and donations) are premiums and fringe benefits tax, Cash Flows From Government • Urgent Issues Group (UIG) generally recognised as revenues which are consequential to Consensus Views when the agency obtains controls Recurrent appropriation 6 40,919 40,922 34,730 employment, are recognised as over the assets comprising the • the requirements of the Public liabilities and expensed where the Capital appropriation 6 27,877 27,877 6,856 appropriations/contributions. Control Finance and Audit Act and employee entitlements to which they Asset sale proceeds transferred to the Crown Entity - (16,013) - over appropriations and contributions Regulations' and relate have been recognised. Cash reimbursements from the Crown Entity 692 560 477 is normally obtained upon the receipt • the Financial Reporting Directions of cash. (ii) Long Service Leave and Net Cash Flows From Government 69,488 53,346 42,063 published in the Financial Reporting Superannuation NET CASH FLOWS FROM OPERATING ACTIVITIES 22 35,933 7,986 9,244 Code for Budget Dependent General An exception to the above is when Government Sector Agencies or appropriations are unspent at year The Authority’s liabilities for long issued by the Treasurer under end. In this case, the authority to service leave and superannuation are CASH FLOWS FROM INVESTING ACTIVITIES section 9(2)(n) of the Act. spend the money lapses and assumed by the Crown Entity. The Proceeds from sale of Land and Plant and Equipment 44 14,922 - generally the unspent amount must Authority accounts for the liability as Where there are inconsistencies be repaid to the Consolidated Fund having been extinguished resulting in Proceeds from sale of investments - - 428 between the above requirements, the in the following financial year. As a the amount assumed being shown as Advance repayments received - 376 - legislative provisions have prevailed. result, unspent appropriations are part of the non-monetary revenue Purchases of Land and Buildings, Plant In the absence of a specific accounted for as liabilities rather item described as “Acceptance by the and Equipment and Infrastructure Systems (26,990) (36,627) (21,129) Accounting Standard, other than revenue. Crown Entity of Employee Benefits and Other Liabilities”. Advances made (1,479) (1,500) (11,044) authoritative pronouncements of the (ii) Sale of Goods and Services AASB or UIG Consensus View, the Long service leave is measured on a NET CASH FLOWS FROM INVESTING ACTIVITIES (28,425) (22,829) (31,745) Revenue from the sale of goods and hierarchy of other pronouncements present value basis. The short-hand services comprises revenue from the as outlined in AAS 6 “Accounting method is based on the remuneration provision of products or services i.e. NET INCREASE/(DECREASE) IN CASH 7,508 (14,843) (22,501) Policies” is considered. rates at year end for all employees user charges. User charges are Opening cash and cash equivalents 20,359 20,359 - with five or more years of service. It Except for certain investments, land recognised as revenue when the is considered that this measurement Cash transferred in (out) as a result of and buildings, plant and equipment, agency obtains control of the assets technique produces results not administrative restructuring 18 5,596 - 42,860 and infrastructure systems, which are that result from them. materially different from the estimate CLOSING CASH AND CASH EQUIVALENTS 9 33,463 5,516 20,359 recorded at valuation, the financial statements are prepared in determined by using the present accordance with the historical value basis of measurement. The accompanying notes form part of these statements. cost convention.

50 51 10 Notes to the Financial Statements 10 Notes to the Financial Statements

The superannuation expense for the (h) Acquisitions of Assets prices for the same or similar assets. Revaluation decrements are (l) Maintenance and Repairs (q) Other Financial Assets financial year is determined by using The cost method of accounting is Where market selling price is not recognised immediately as expenses The costs of maintenance are charged “Other financial assets” are generally the formula specified in the used for the initial recording of all available, the asset’s fair value is in the surplus / deficit, except that, to as expenses as incurred, except where recognised at cost, with the exception Treasurer’s Directions. The expense for acquisitions of assets controlled by measured at its market buying price the extent that a credit balance exists they relate to the replacement of a of TCorp Hour Glass Facilities and certain superannuation schemes (ie the Authority. Cost is determined as ie the replacement cost of the asset’s in the asset revaluation reserve in component of an asset in which case Managed Fund Investments, which Basic Benefit and First State Super) is the fair value of the assets given as remaining future economic benefits. respect of the same class of assets, the costs are capitalised and are measured at market value. calculated as a percentage of the they are debited directly to the asset consideration plus the costs Each class of physical non-current depreciated. employees’ salaries. For other revaluation reserve. For non-current “other financial incidental to the acquisition. assets is revalued every five years and superannuation schemes (ie State (m) Leased Assets assets”, revaluation increments and with sufficient regularity to ensure Revaluation increments and Superannuation Scheme and State Assets acquired at no cost, or for A distinction is made between decrements are recognised in the that the carrying amount of each decrements are offset against one Authorities Superannuation Scheme), nominal consideration, are initially finance leases which effectively same manner as physical non-current asset in the class does not differ another within a class of non-current the expense is calculated as a recognised as assets and revenues transfer from the lessor to the lessee assets. Refer Note 1(j). materially from its fair value at assets, but not otherwise. multiple of the employees’ at their fair value at the date of substantially all the risks and benefits reporting date. (r) Major Repairs Funds superannuation contributions. acquisition (see also assets Where an asset that has previously incidental to ownership of the leased Under the terms of the lease transferred as a result of an Non-specialised assets with short been revalued is disposed of, any assets, and operating leases under (f) Insurance between the Authority and the Royal administrative restructure. useful lives are measured at balance remaining in the asset which the lessor effectively retains all Agricultural Society of New South The Authority’s insurance activities Refer Note 1(t). depreciated historical cost, as a revaluation reserve in respect of such risks and benefits. are primarily conducted through the Wales, the Authority is required to Fair value means the amount for surrogate for fair value. that asset is transferred to NSW Treasury Managed Fund Scheme Operating lease payments are maintain a Major Repairs Fund (MRF). which an asset could be exchanged accumulated funds. of self-insurance for Government When revaluing non-current assets charged to the Statement of Financial The MRF is to be used for major between a knowledgeable, willing agencies. The expense (premium) is by reference to current prices for (k) Depreciation of Non-Current Performance in the periods in which repairs to be undertaken for the buyer and a knowledgeable, willing determined by the Fund Manager assets newer than those being Physical Assets they are incurred. purposes of preserving and seller in an arm’s length transaction. revalued (adjusted to reflect the prolonging the useful, economic life based on past experience. Depreciation is provided for on a All of the Authority’s current lease (i) Plant and Equipment present condition of the assets), the straight-line basis for all depreciable span of existing improvements There are also minor commercial arrangements are classified as gross amount and the related assets so as to write off the during the lease term. Refer Note 16. insurance arrangements in place for Plant and equipment costing $5,000 operating. accumulated depreciation is depreciable amount of each asset risks that for commercial reasons, and above individually are capitalised. (s) Other Assets separately restated. as it is consumed over its useful life (n) Receivables SOPA has had to accept but for which, Other assets including prepayments (j) Revaluation of Physical to the Authority. Receivables are recognised and the TMF is unable to provide Otherwise, any balances of are recognised on a cost basis. Non-Current Assets carried at cost based on the original protection. accumulated depreciation existing at All material separately identifiable Physical non-current assets are invoice amount less a provision for the revaluation date in respect of component assets are recognised and (g) Accounting for the Goods and valued in accordance with the any uncollectible debts. An estimate those assets are credited to the asset depreciated over their shorter useful Services Tax (GST) “Guidelines for the Valuation of for doubtful debts is made when accounts to which they relate. The net lives, including those components Physical Non-Current Assets at Fair collection of the full amount is no Revenues, expenses and assets are asset accounts are then increased or that in effect represent major Value” (TPP 03-02). This policy adopts longer probable. Bad debts are recognised net of the amount of GST, decreased by the revaluation periodic maintenance. except:where fair value in accordance with AASB increments or decrements. written off as incurred. 1041 from financial years beginning Land is not a depreciable asset. (o) Inventories • the amount of GST incurred by the on or after 1 July 2002. There is no Revaluation increments are credited Depreciation rates for these asset Authority as a purchaser that is not substantive difference between the directly to the asset revaluation Inventories are stated at the lower of categories are as follows: recoverable from the Australian fair value valuation methodology and reserve, except that, to the extent cost and net realisable value. The cost Taxation Office is recognised as part the previous valuation methodology that an increment reverses a • Buildings including Facilities is calculated using the weighted of the cost of acquisition of an asset adopted in the NSW public sector. revaluation decrement in respect of and Sporting Venues average cost or “first in first out” or as part of an item of expense. that class of asset previously 2% - 10% per annum method. This years figures include Where available, fair value is recognised as an expense in the property inventory for sale. • receivables and payables are stated determined having regard to the surplus / deficit, the increment is • Computer Equipment with the amount of GST included. (p) Investments highest and best use of the asset on recognised immediately as revenue in 25% per annum the basis of current market selling The Authority’s marketable deposits the surplus / deficit. • Office Equipment are valued at cost. The Authority’s 20% per annum investments are all classified as • Leasehold Improvements current investments. Period of lease • Infrastructure 2% – 25% per annum • Other Plant & Equipment 10% – 25% per annum

52 53 10 Notes to the Financial Statements 10 Notes to the Financial Statements

(t) Equity Transfers (u) Payables (w) Right to Receive Notes2003 2002 The transfer of net assets between These amounts represent liabilities In respect of those major Olympic $'000 $'000 agencies as a result of an for goods and services provided to Facility projects which were funded, administrative restructure, transfer of the agency and other amounts, developed and initially managed by 2. EXPENSES programs / functions and parts including interest. Interest is accrued the private sector, the Authority (a) Employee related expenses thereof between NSW public sector over the period it becomes due. recognises and values the “Right to agencies are designated as a Receive” included within Other Non- Salaries and wages (including recreation leave) 13,222 12,949 (v) Budgeted amounts contribution by owners by NSWTC Current Assets. These facilities, Superannuation 931 1,245 The budgeted amounts are drawn 01/11 and are recognised as an following completion of construction, Long service leave 663 361 adjustment to “Accumulated Funds”. from the budgets as formulated at will be fully realised at the end of the This treatment is consistent with the beginning of the financial year agreed contractual period. This Workers' compensation insurance 200 146 Urgent Issues Group Abstract UIG 38 and with any adjustments for the valuation / revaluation methodology Payroll tax and fringe benefit tax 1,336 786 “Contributions by Owners Made to effects of additional appropriations provides that when ownership/control 16,352 15,487 Wholly Owned Public Sector Entities”. under s21A, s24, and/or s 26 of the reverts to the Authority the Public Finance and Audit Act 1983. cumulative asset value recognised at Transfers arising from an that time will be equal to its written (b) Other operating expenses administrative restructure between The budgeted amounts in the down replacement cost. Auditors’ remuneration government departments are Statement of Financial Performance - audit or review of the financial reports 64 58 recognised at the amount at which and the Statement of Cash Flows are Practical completion dates of the the asset was recognised by the generally based on the amounts Olympic Stadium and SuperDome Insurance 683 470 transferor government department disclosed in the NSW Budget Papers occurred on 1 March 1999 and Asset management 4,000 3,357 immediately prior to the restructure. (as adjusted above). However, in the 30 August 1999 respectively. Both Operating lease rental expense Statement of Financial Position, the In most instances this will these venues will revert to the - minimum lease payments 1,596 1,412 approximate fair value. All other amounts vary from the Budget Authority on the expiry of the lease Increase in provision for doubtful debts equity transfers are recognised Papers, as the opening balances of terms in 2031. at fair value. the budgeted amounts are based on - Receivables 1,629 13,305 SOPA’s emerging share of the carried forward actual amounts ie per - Financial Assets 2,639 - reversionary interest in the Olympic the audited financial statements Bad Debts 30 - (rather than carried forward Stadium and Sydney SuperDome is estimates). being recognised over the life of the Administration 3,065 3,027 lease (30.5 years). The valuation Advertising 3,764 2,319 formula employed is a variant of the Activity & Entertainment 1,230 2,241 conventional discounting model. Site Services 10,464 5,749 Utilities 1,315 1,174 Consultancies 822 2,093 Information technology 735 2,160 Royal Agricultural Society of NSW – Major Repairs 2,148 2,032 Sydney International Aquatic Centre – Major Repairs 2,113 2,459 Other 1,135 1,399 37,432 43,255

(c) Depreciation and amortisation expense Depreciation - Land and Buildings 611 610 - Plant and Equipment 936 842 - Facilities 16,044 16,016 - Infrastructure Sytems 26,409 25,690 Amortisation - Leasehold Improvements 288 315 13 44,288 43,473

54 55 10 Notes to the Financial Statements 10 Notes to the Financial Statements

Notes2003 2002 Notes2003 2002 $'000 $'000 $'000 $'000

(d) Grants and subsidies (e) Other revenue Sydney International Aquatic Centre 3,237 - Value of Emerging Interest of Private Sector 3,237 - Provided Infrastructure [refer 1(w)] 22,023 62,495 (e) Other Expenses Sale of Development Rights 5,756 2,040 Contribution of potable and waste water Management Fees 300 1,000 infrastructure assets to Sydney Water 12,424 - Other 857 1,355 Physical non-current asset revaluation 28,936 66,890 decrement – Sydney Water asset 15,119 - 27,543 - The Authority has entered into contracts for the sale and long-term lease for residential and commercial sites. Sale is however conditional on certain pre-sales and pre-commitments being achieved. As per the Developer Agreement 1997 between the Authority and Sydney Water and Relationship Statement, the potable water and waste water infrastructure was contributed to Sydney Water as at 30 June 2003. 4. GAIN / (LOSS) ON DISPOSAL OF NON-CURRENT ASSETS

Gain / (Loss) on disposal of land and buildings (f) Items of Significance: Provision for Doubtful Debt in respect of Loan Proceeds from disposal -- (included in Doubtful Debts expense) 2,639 11,044 Written down value of assets disposed 13 48 - Net gain / (Loss) on disposal of land & buildings (48) - 3. REVENUES Gain / (Loss) on disposal of plant and equipment (a) Sale of goods and services Proceeds from disposal 44 - Operating Lease Income 3,997 3,611 Written down value of assets disposed 13 95 - Estate Recoveries 4,047 4,051 Net gain / (Loss) on disposal of plant & equipment (51) - Car Parking Income 5,207 4,432 Gain / (Loss) on disposal of infrastructure systems Other 1,000 612 Proceeds from disposal -- 14,251 12,706 Written down value of assets disposed 13 363 - Net gain / (Loss) on disposal of infrastructure systems (363) - (b) Investment income Interest – Bank 1,053 1,038 Gain / (Loss) on disposal of non-current assets (462) - Interest – Advances 1,160 523 Interest – Receivable on sale of land 2,983 - 5. CONDITIONS ON CONTRIBUTIONS Interest – Other 186 83 Developer Contributions 194 - Interest – Investments -14 194 - 5,382 1,658 The Authority has entered into sales agreements on the condition that a component of proceeds from sale will be (c) Retained taxes, fees and fines attributed to the provision of public infrastructure. The nature of this infrastructure is detailed in the Authorities Traffic Fines 338 208 Developer Contribution Plan. 338 208

(d) Grants and contributions Department of Sport and Recreation - Sydney International Aquatic and Athletic Centre 3,801 1,939 AMP - Contribution to Olympic Sprinter Sculpture 1,114 - Tennis NSW: - Contribution to the NSW Tennis Centre 421 543 Developer Contributions 194 - 5,530 2,482

56 57 10 Notes to the Financial Statements 10 Notes to the Financial Statements

Notes2003 2002 Notes2003 2002 $'000 $'000 $'000 $'000

6. APPROPRIATIONS 10. CURRENT ASSETS / NON CURRENT ASSETS - RECEIVABLES Recurrent appropriations Current Receivables Total recurrent drawdowns from Treasury (per Summary of Compliance) 24 40,919 34,730 Receivable from sale of land 7,816 - Comprising:Recurrent appropriations (per Statement of Financial Performance) 40,919 34,730 Trade Debtors 6,235 3,756 Interest Receivable 8,816 483 Capital appropriations GST Receivable 2,809 3,593 Total capital drawdowns from Treasury (per Summary of Compliance) 24 27,877 6,856 Accrued Income 2,200 2,000 Comprising:Capital appropriations (per Statement of Financial Performance) 27,877 6,856 Other 433 259 Less:Provision for Doubtful Debts (5,358) (3,311) 7. ACCEPTANCE BY THE CROWN ENTITY OF EMPLOYEE BENEFITS 22,951 6,780 AND OTHER LIABILITIES The following liabilities and/or expenses have been assumed by the Crown Entity: Non-Current Receivables Superannuation 931 1,245 Receivable from sale of land 66,516 - Long service leave 663 361 66,516 - Payroll tax on superannuation 55 48 1,649 1,654

11. CURRENT / NON-CURRENT ASSETS - INVENTORIES 8. PROGRAMS / ACTIVITIES OF THE AUTHORITY Current Inventories 26 26 (a) Program: Administration 26 26 Program Objective(s): To establish Sydney Olympic Park as a vibrant cultural and community centre, and a significant regional sport, Non-Current Inventories recreation and tourism facility for the enjoyment of all visitors. Land held for sale Program Description: At cost Promote, develop, manage and maintain Sydney Olympic Park for the benefit of the New South Wales community. Cost of acquisition 9,670 - Other costs 4,250 - (b) Program Statement – Expenses and Revenues 13,920 - The Authority operates as a single program. The expenses and revenues of this program are as reflected in the Statement of Financial Performance. 12. NON-CURRENT ASSETS 9. CURRENT ASSETS – CASH OTHER FINANCIAL ASSETS Cash at bank and on hand 26,848 20,359 Non-Current Financial Assets Advances Receivable 13,683 11,044 Deposits at call 6,615 - Less:Provision for Doubtful Debts (13,683) (11,044) 33,463 20,359 00

58 59 10 Notes to the Financial Statements 10 Notes to the Financial Statements

2003 2002 Notes2003 2002 $'000 $'000 $'000 $'000

13. NON-CURRENT ASSETS – PROPERTY, PLANT AND EQUIPMENT 15. CURRENT LIABILITIES – PAYABLES Land & Buildings Accrued salaries, wages and on-costs 437 451 At Fair Value 1,147,878 1,146,779 Creditors 188 151 Less Accumulated Depreciation 33,883 16,941 Accrued expenses 18,013 13,260 1,113,995 1,129,838 18,638 13,862

Plant & Equipment 16. CURRENT /NON CURRENT LIABILITIES - PROVISIONS At Fair Value 8,078 7,810 Employee benefits and related on-costs Less Accumulated Depreciation 1,755 842 Recreation leave 1,119 880 6,323 6,968 Other 178 - 1,297 880 Infrastructure System At Fair Value 585,371 634,267 Other Provisions Less Accumulated Depreciation 49,704 25,690 Major Repairs Fund – Royal Agricultural Society 5,002 3,624 535,667 608,577 Major Repairs Fund – Aquatic and Athletic Centre 2,160 2,307 7,162 5,931 Total Property, Plant and Equipment at Net Book Value 1,655,985 1,745,383 Total Provisions 8,459 6,811 Reconciliations Reconciliations of the carrying amounts of each class of property, plant and equipment at the beginning and the end of Aggregate employee benefits and related on-costs the current and previous financial year are set out below. Provisions – current 1,136 880

2003 Land & Plant & Infrastructure Total Total Provisions – non-current 161 - BuildingsEquipment Systems 2003 2002 Accrued salaries, wages and on-costs 15 437 451 $’000 $’000 $’000 $’000 $’000 1,734 1,331 Carrying amount at start of year 1,129,838 6,968 608,577 1,745,383 - Additions 16,627 500 11,082 28,209 1,788,856 17. CURRENT LIABILITIES – OTHER Reclassifications (15,479) (114) 4,767 (10,826) - Security Deposits 36 13 Disposals 48 95 363 506 - Other 972 - Contribution to other NSW Agencies - - 46,868 46,868 - 1,008 13 Net revaluation decrement - - 15,119 15,119 - Depreciation expense 16,943 936 26,409 44,288 43,473 Carrying amount at end of year 1,113,995 6,323 535,667 1,655,985 1,745,383

Land to the value of $10.8m was transferred to inventory relating to future land sales.

14. NON-CURRENT ASSETS – OTHER Right To Receive – Stadium 165,409 150,678 Right To Receive – SuperDome 51,353 44,061 1(w) 216,762 194,739

60 61 10 Notes to the Financial Statements 10 Notes to the Financial Statements

Accumulated FundsTotal Equity 18. CHANGES IN EQUITY Notes2003 2002 2003 2002 2003 2002 $'000 $'000 $'000 $'000 $'000 $'000

Balance at the beginning of the financial year 1,946,601 - - - 19. COMMITMENTS FOR EXPENDITURE

Changes in equity – transactions with owners as owners (a) Capital Commitments Transfer of OCA Equity 84,314 1,834,416 84,314 1,834,416 Aggregate capital expenditure for the acquisition of property developments Transfer of Bi Equity - 44,690 - 44,690 services contracted for at balance date and not provided for: Transfer of State Sports Centre Equity - 53,477 - 53,477 Not later than one year 551 - Transfer to Energy Australia (34,444) Total (including GST) 551 - Total 49,870 1,932,583 84,314 1,932,583 Aggregate capital expenditure for the acquisition of "Games Memory" Changes in equity – other than transactions construction contracted for at balance date and not provided for: with owners as owners Surplus / (deficit) for the year (14,953) 14,018 (14,953) 14,018 Not later than one year - 935

Total (14,953 ) 14,018 (14,953) 14,018 Total (including GST) - 935 Balance at the end of financial year 1,981,518 1,946,601 69,361 1,946,601 Aggregate capital expenditure for the acquisition of other construction The enactment of the Sydney Olympic Park Authority Act 2001, required SOPA to assume responsibility for the assets, rights contracted for at balance date and not provided for: and liabilities of both OCA (in respect of Sydney Olympic Park) and Bicentennial Park and the assets comprising the land Not later than one year -341 and buildings of the State Sports Centre. The net assets including cash balances assumed by SOPA from OCA and Bicentennial Park following their dissolutions have Total (including GST) -341 been recorded as equity.

The OCA Dissolution Act transfers the assets, rights and liabilities of the Olympic Media Village at Lidcombe, intellectual (b) Other Expenditure Commitments property arising from the Olympic Games and the Paralympic games and the records of certain Olympic entities to the Authority as at 1 July 2002. Aggregate other expenditure contracted for at balance date and Electricity Infrastructure assets transferred to Energy Australia pursuant to the Electricity Supply Act 1995. not provided for:

Not later than one year 2,353 - Net assets acquired were: 2003 2002 Total (including GST) 2,353 - OCA OCA Bi Park State SportsTotal Centre $’000 $’000 $’000 $’000 $’000 (c) Operating Lease Commitments Future non-cancellable operating lease rentals not provided for and payable: Cash 5,596 41,914 946 - 42,860 Receivables 80,826 119 348 - 467 Not later than one year 1,716 1,377 Later than one year and not later than 5 years 2,871 3,774 Other Financial Assets - - 414 - 414 Inventory - - 35 - 35 Total (including GST) 4,587 5,151 Other - - 22 - 22 Property Plant & Equipment - 1,663,121 43,314 53,477 1,759,912 The Authority’s operating leases relate to property and motor vehicles. There are currently 3 renewable property leases expiring in 2006 and 33 motor vehicle leases. Right to Receive - 132,244 - - 132,244 The total expenditure commitments above includes input tax credits of $0.681 million ($0.584 million in 2002) which are Payables (1,968) (2,218) (226) - (2,444) expected to be recovered from the Australian Taxation Office. Employee Entitlements (140) (764) (163) - (927)

84,314 1,834,416 44,690 53,477 1,932,583

62 63 10 Notes to the Financial Statements 10 Notes to the Financial Statements

20. CONTINGENT LIABILITIES AND Assets and Liabilities Cash Flows CONTINGENT ASSETS 2003 2002 Total Assets were $31.9 million under Net Cash Flows from Operating $'000 $'000 Contingent Liabilities budget due to: activities are $27.9 million over budget There are a number of contractual due to: • the transfer in from Olympic 22. RECONCILIATION OF CASH FLOWS FROM OPERATING arrangements involving possible Coordination Authority receivables of • revised accounting treatment on the ACTIVITIES TO NET COST OF SERVICES. future claims against the Authority. $79.6 million relating to the sale of sale of the Media Village which had The potential liability arising from NET CASH USED ON OPERATING ACTIVITIES 35,933 9,244 Lidcombe Media Village, an initial budget of $14.9 million in these arrangements is currently cash flows from Government. The Adjustment for Cash Flows from Government/ Appropriations estimated at $0.8 million. This amount • increase in cash of $27.9 million treatment of the sale has now been Recurrent Appropriation (40,919) (34,730) includes asset replacement and attributable to increased accruals of included as a receivable, maintenance works required to be $17.2 million, Capital Appropriation (27,877) (6,856) performed under existing agreements. • an increase in refund of GST of Acceptance by the Crown Entity of employee entitlements and other liabilities (692) (477) • the reduction in reversionary interest ($4.8 million in 2002). $9.1 million which was represented on the Stadium and Superdome of Adjustment for non-cash items by $3.0 million previously budgeted The Authority has a liability for the $42.1 million from a change in the Depreciation and Amortisation (44,288) (43,473) in Other Receipts, receipt of $3.6 from Olympic Stadium and Sydney index rate, ATO relating to previous year and Crown Liabilities (958) (1,177) Superdome only in the event of a • a decrease in property plant and increased capital expenditure and natural disaster or a breach of contract Provision for Advances made 2,639 (11,044) equipment of $110.5 million from the by the Authority. In the event of a • an increase in revenue of $3.4 million Value of Emerging Interest of Private Sector Provided Infrastructure 22,023 62,495 increase in depreciation, the natural disaster the Authority would from sale of commercial properties contribution to Sydney Water, the Interest – Receivable on sale of land 2,983 - be responsible for the full cost of not finalised at budget. transfer to property inventory, the Non-cash Donation 1,000 - replacing the stadium and superdome transfer of electricity infrastructure less any insurance recoveries by these Provision for doubtful debts 1,660 - to Energy Australia and the venues. The possibility of either of Earnings on T Corp Hourglass Investment - 14 downward revaluation of water these events occurring is considered assets. The budget also provided for Net loss / (gain) on sale of plant & equipment (462) - remote. an additional $20.0 million for the Contribution of potable and waste water infrastructure assets to Sydney Water (12,424) - 21. BUDGET REVIEW land at the Lidcombe Media Village Physical non-current asset revaluation decrement – Sydney Water asset (15,119) - which was recognised as a late Net Cost of Services adjustment in the previous years Increase/(Decrease) in Receivables (6,535) 9,152 The actual net cost of services was accounts of the Olympic Increase/(Decrease) in Other Current Assets - (31) $92.2 million higher than budget. Co-ordination Authority and The material variances are: Decrease/(Increase) in Payables 111 (6,581) • the increase in inventories of $13.9 • an increase in depreciation of Decrease/(Increase) in Employee Provisions (277) 48 million attributable to a $10.8 million $17.7 million (non-cash), Decrease/(Increase) in Other Current Liabilities (2,196) (5,806) transfer of land and related property • a decrease in other revenue of development costs from property NET COST OF SERVICES (85,398) (29,222) $38.8 million (non-cash) from the plant and equipment and $3.1 million change in the index rate on of current year property expenditure. reversionary interest for the Stadium Total Liabilities were over budget by and Superdome, $14.1 million due to: • contribution of potable and waste • an increase in accruals of $17.2 water infrastructure assets to Sydney million is as a result of the timing of Water of $12.4 million, payments and is represented by an • revaluation decrement on Sydney increase in cash and Water assets of $15.1 million, and • a decrease of $4.5 million in other • the budget provided $10.9 million current liabilities from the inclusion for recognition of the sale of the of $5.5 million in the budget for the Lidcombe Media Village which was transfer of liabilities from the recognised as a late adjustment in Olympic Co-ordination Authority. the previous years accounts of the Olympic Co-ordination Authority.

64 65 10 Notes to the Financial Statements 10 Notes to the Financial Statements

23. FINANCIAL INSTRUMENTS 24. SUMMARY OF COMPLIANCE WITH FINANCIAL DIRECTIVES 30 JUNE 2003 Cash 2003 Cash comprises cash on hand and bank balances within the Treasury Banking System. Interest is earned on daily bank Recurrent Expenditure Capital Expenditure balances at the monthly average NSW Treasury Corporation (T'Corp) 11 am unofficial cash rate adjusted for a management Appropriation Net Claim on Appropriation Net Claim on fee to Treasury. Consolidated Consolidated Fund Fund $'000 $'000 $'000 $'000 Receivables

All trade debtors are recognised as amounts receivable at balance date. Collectability of trade debtors is reviewed on an ORIGINAL BUDGET APPROPRIATION/ EXPENDITURE ongoing basis. Debts which are known to be uncollectible are written off. A provision for doubtful debts is raised when Appropriation Act 39,422 39,422 18,149 18,149 some doubt as to collection exists. The credit risk is the carrying amount (net of any provision for doubtful debts). No interest is earned on trade debtors. The carrying amount approximates the net fair value. Section 24-PF&AA – Transfer of functions between departments

Hour Glass Investment Facilities TOTAL 39,422 39,422 18,149 18,149 The Authority has investments in TCorp’s Hour-Glass Investment facilities. The Authority’s investments are represented by a number of units within the facilities. Each facility has different investment horizons and comprises a mix of asset OTHER APPROPRIATIONS/ EXPENDITURE classes appropriate to that investment horizon. TCorp appoints and monitors the application of appropriate Treasurer's Advance 1,500 1,497 9,728 9,728 investment guidelines. TOTAL 1,500 1,497 9,728 9,728 The Authority’s investments are: Total Appropriations/ Expenditure 2003 2002 (includes Transfer Payments) 40,922 40,919 27,877 27,877 $’000 $’000 Amount drawn down against Appropriation 40,919 27,877 Cash Facility 6,615 - Liability to Consolidated Fund - -

6,615 -

2002 These investments are generally able to be redeemed with up to five business days notice (dependent on the facility). The value of the investments held can decrease as well as increase depending upon market conditions. The value that best ORIGINAL BUDGET APPROPRIATION/ EXPENDITURE represents the maximum credit risk is the net fair value. The value of the above investments represents the Authority’s Appropriation Act 31,878 31,878 4,892 4,892 share of the value of the underlying assets of the facility and is stated at net fair value. Section 24-PF&AA – Transfer of functions between departments 2,852 2,852 1,964 1,964 Bank Overdraft TOTAL 34,730 34,730 6,856 6,856 The Authority does not have a bank overdraft facility. OTHER APPROPRIATIONS/ EXPENDITURE Trade Creditors and Accruals Treasurer's Advance - - - - The liabilities are recognised for amounts due to be paid in the future for goods and services received, whether or not TOTAL - - - - invoiced. Amounts owing to suppliers (which are unsecured) are settled in accordance with the policy set out in Treasurer’s Total Appropriations/ Expenditure Direction 219.01. If trade terms are not specified, payment is made no later than the end of the month following the month in which an invoice or a statement is received. (includes Transfer Payments) 34,730 34,730 6,856 6,856 Amount drawn down against Appropriation 34,730 6,856 Liability to Consolidated Fund - -

End of Audited Financial Statements

66 67 11 Appendices

Annual Report – cost Major Works Sydney Olympic Park Authority – Significant Committees Stock Major capital works undertaken by Monza Recycled Satin SOPA during 2002/2003 included: Audit and Compliance Committee Access Advisory Committee Printed with vegetable dye based inks Addressed financial accounting, Advised SOPA on the assessment Stadium Construction reporting and internal controls and management of access to Cost Finalisation of the Stadium’s and compliance issues. Sydney Olympic Park by people The total external costs (such as post-Olympic redevelopment to with a disability. Gabrielle Kibble, Chair fees for consultants and printing) approximately 80,000 seats plus Chris Christodolou Jean Halcrow, Chair incurred in the production of the roofing of northern and southern Herb Elliott Ann Gibson report are $43,373. The report is stands. (Value $15.2M). Glenn Redmayne available in a non-printed format Property Development Dawn Linklater and may be accessed on the Sydney Planning and Development Luisa Ferronato Olympic Park Authority website at Design documentation and Committee Therese Sands www.sydneyolympicpark.nsw.gov.au tendering of major new commercial Reviewed and evaluated and residential buildings for Sydney development proposals for Mark Flynn Olympic Park town centre. Sydney Olympic Park. Bryan Hardman (Value $2.1M). Guarantee of Services David Richmond, Chair Education Reference Panel Wayfinding Screens and Signage Sydney Olympic Park Authority Robert Leece Provides independant conceptual New vehicular directional signage (SOPA) aims for consistent Gabrielle Kibble and strategic advice to the Board to Sydney Olympic Park across excellence in the provision of Penelope Figgis and assisted SOPA to achieve its Sydney’s urban road network plus information and customer services, Brian Newman business objectives for education. improved signage within the Park. based on integrity, professionalism, (Value $1.8M). Mr Warren Grimshaw (Chair) respect, timeliness and openness. Parklands Advisory Committee Mr David Mazitelli Attractions and Infrastructure Made recommendations to the Board regarding care and Ms kate Gunn Completion of the Games Memories management of the Dr Graeme Watts Land Disposal Poles project, commencement of Millennium Parklands. Professor Roger Holmes new Visitor Gateway and SOPA entered into agreements for Mary Lynne Pidcock connection of recycled water to new Penelope Figgis, Chair the sale of development sites 3 and developments. (Value $2.0M). David Richmond 5, 6, 7 as identified in the Sydney Design Review Panel Brian Newman Olympic Park Masterplan. Once Provides an independent review of Parklands Catherin Bull certain precommitments and design proposals and the design Initial works of a five-year program Brian Gilligan presales are achieved for these process to achieve a cohesive, safe required to give effect to the Ian Lowe sites, the private sector will and legible public area. Parklands Plan of Management Leigh Martin commence development that including entrance works, shade, Irene Simms Helen Lochhead will also result in the recognition pathways and education facilities. Paolo Totaro Charlotte Gay of sale proceeds to SOPA. (Value $4.2M). Dinah Dysart No properties valued at more than Asset Replacement/Renewal Peter Duncan $5 million were disposed of during Protection of existing public assets 2002-03, other than by tender. The through replacement or renewal of properties that were disposed of various elements including State by tender will facilitate continued Sports Centre, Rail Station, growth and development of Sydney streetlights and cottages. Olympic Park by bringing residential (Value $1.2M). and commercial facilities to the Town Centre. There were no significant delays to, or amendment, deferment or cancellation of major works or programs.

68 69 11 Appendices

Environmental Compliance Government Energy Management Policy

National Parks and Wildlife SOPA has held an NSW Environment Since this incident, SOPA’s security SOPA is responsible for the promotion, ensuring a high quality of work. Environmental Performance In the period July 2002 to June Protection Authority (EPA) licence personnel have been made more management, sustainable The SOPA Energy Management There was an increase in the 2003, SOPA managed two licences under the Environmentally aware of the potential for illegal development and use of the public Plan that was prepared in 2001 amount of green energy used issued by National Parks and Hazardous Chemicals Act 1985 (EHC dumping incidents and additional assets of Sydney Olympic Park. should also be updated. between 2001-02 and 2002-03. Act) since 1999 for on-site security cameras have been Wildlife Service (NPWS) under the As part of SOPA’s commitment c) Evaluate the potential for the The major factor for this increase treatment of approximately 400 installed within parkland areas. Threatened Species Act 1995 for the towards sustainability, Asset tender of electricity supply to was the conversion in August 2002 tonnes of soil containing scheduled management of the Green and Management Services has achieve the best market offer in of several SOPA energy accounts to chemical waste. The scheduled Golden Bell Frog (Litoria aurea). Complaints established and continues to terms of price, value-added contestable rates. A third NPWS licence was issued to chemical waste treatment program • SOPA was advised of noise develop a water and energy services and possible partnership The level of Green Power SOPA in 2003 to allow was completed in May 2003 and the complaints in relation to events management program. This or sponsorship opportunities. The consumption at Sydney Olympic environmental eduction activities EHC licence was surrendered to the held at Sydney Olympic Park. program is in line with SOPA’s opportunity to increase the Park represents a saving of to take place within the Narawang EPA on 20 June 2003 (refer Case sustainability strategy and, during percentage of renewable energy approximately 1,873 tonnes of Wetlands, which forms part of the Study: Scheduled Chemical waste). • SOPA received two complaints the last twelve months, has being used should be considered carbon dioxide from being released Green and Golden Bell Frog habitat regarding odours emanating No instances of non-compliance from the mangrove forest and achieved significant improvements at the same time. into the atmosphere during area. All National Parks and Wildlife with SOPA’s EPA licences were in the following areas: surrounding wetlands within d) Implement a database replacement 2002-03. Service licence conditions were identified during 2002-03. complied with during 2002-03. Sydney Olympic Park. The odours • Green Power adoption for existing account spreadsheets. Based on Sustainable Energy were related to algal blooms • due diligence in invoice handling This database will improve the Development Authority (SEDA) Environmental damage caused by elevated nutrient levels NSW Fisheries reporting response that can be estimates of 4.5 tonnes per vehicle in the Parklands and high ambient temperatures. • relationships with suppliers SOPA currently holds three NSW provided to SOPA and the internal per annum, the carbon dioxide • On 12 December 2002, a large SOPA is investigating potential • water and energy reporting Fisheries permits, which allows the financial management capability. saving at Sydney Olympic Park number of dead fish were found in long-term solutions to prevent the capabilities removal of some mangroves. equates to approximately 415 the Bird Refuge area of occurrence of algal blooms. Mangrove removal has been • financial management. Energy Management vehicles taken off Sydney’s roads Bicentennial Park. The EPA and required during certain construction SOPA currently maintains 79 for one year. NSW Fisheries were advised and The successes of this policy have works and as a method for electricity accounts throughout investigations revealed that the established a benchmark from protecting saltmarsh. Sydney Olympic Park. Of these, 30 Achievements and Opportunities fish kill occurred as a result of which the water and energy accounts supply facilities, 39 SOPA’s water and energy manage- All licence conditions have been decomposed organic matter, program may further develop and accounts supply street lighting and ment program continually complied with during 2002-03. which reduced oxygen levels in attain new objectives. Major 10 accounts supply power for undertakes new initiatives that will the water. opportunities that have been irrigation. reduce energy consumption costs, Environment Protection Authority identified for the program to • On 7 May 2003, an illegal dumping pursue are: The number of accounts managed reduce carbon dioxide emissions SOPA currently holds two incident occurred near Wentworth by SOPA in 2003-04 will be reduced and improve the environmental Environment Protection Licences a) Review of the Sustainability Common in the Parklands. SOPA to 76, as the result of P1 and P3 performance of operations at issued under the Protection of the Strategy for Sydney Olympic Park. Rangers discovered a large carpark facilities assuming Sydney Olympic Park. Environment Operations Act 1997. quantity of cement slurry that had The 25% target for Green Power responsibility for managing their Types of projects undertaken range These licences are for the operation been illegally discharged. The EPA purchase is being met and the own utilities and the planned from direct assessment of energy of the Water Reclamation and investigated the incident but was opportunity exists to evaluate termination of one communications costs and installation of energy Management Scheme (WRAMS) and unable to identify the people alternative renewable energy account. efficient devices and smart the Wilson Park bioremediation ponds. responsible. products as a replacement for the remaining 75% coal-based power. SOPA is currently investigating metering, to review of operational whether accounts of similar type aspects – such as the duration and b) Formalise and document the time of operation and equipment. processes that have been and location may be consolidated to developing in verifying accounts further reduce administrative and monitoring their progress overhead. The number of accounts through the SOPA billing cycle. does not impact on energy The documentation of these consumption. tasks will ensure continuity between staff on the water and energy program, and assist in

70 71 11 Appendices

Disability Action Plan

NSW Government Contract 777 It is recommended that SOPA Water Features Operational The Department of Ageing, Disability all respects of service provision. training to staff The NSW Government Contract 777 continue discussions with Energy Review and Home Care requires all SOPA is steadily working through the • ongoing convening of the Access Government Agencies to prepare a Retail Supply of Electricity (777) was Australia to obtain the contract rate The central and northern water various areas requiring priority Advisory Committee Disability Action Plan that meets established in 1998 to assist the or a similarly competitive rate under actions. The following actions have • ongoing implementation of the features at Sydney Olympic Park requirements of Section 9 of the NSW Government agencies to a separate contract. Over the been implemented to date: Human Resources Policy requiring currently operate between 8:00am Disability Services Act 1993. maximise the economic benefit medium term, it is recommended and 8:00pm daily, except on major • completion of the Sydney Olympic the mainstreaming of employment A Disability Action Plan has therefore available due to the progressive that SOPA investigate the benefits event days when their operating Park Access Guidelines with people with disabilities been prepared by SOPA’s Sustainability deregulation of the electricity available in tendering electricity hours are extended. It is possible to • completion of the Access Strategy • ongoing Access Audits and Unit for period 2002 – 05. The market. supply in the open market. for the Parklands Rectification Programs of the natural reduce these operating times, Sustainability Unit will also coordinate and built environment. SOPA currently has 28 accounts especially in winter. For example, it the Disability Action Plan’s promotion, • completion of the 2002 Cogeneration Feasibility Study under 777, representing 77% of our is possible to save $215 per month dissemination, evaluation, monitoring Shelter Study Table 1: Percent of total staff by level total energy consumption. Products SOPA has recently signed a on operating costs for the northern and measurement. • commencement of a People Table 2: Percent of total staff by Memorandum of Understanding water feature by reducing its on the 777 contract include supply Within this Disability Action Plan are Movement Strategy employment basis with the Sustainable Energy operating times by one hour per to high and low consumption Priority Areas for SOPA’s individual • commencement of a draft Policy Development Authority (SEDA) to facilities, traffic lights and street day. This represents a saving of functional areas, providing SOPA with for complaints procedures evaluate cogeneration opportunities approximately 2.25 tonnes of carbon lighting. the opportunity to measure and • upgrading of the Achieving at the Sydney International Aquatic dioxide each month. record achievements while Access website While 777 rates are highly Centre. SEDA will fund a feasibility The results of our analysis of a demonstrating our ongoing competitive, SOPA understands that study that will examine existing • provision of Disability Awareness range of energy-saving options are commitment to equity and access in recent contract negotiations in the costs and energy consumption as summarised below. open market by other Government well as existing infrastructure and agencies have achieved a more operations. Parliamentary Annual Report Tables competitive result. For example, savings on SOPA’s street lighting As the cost of implementing A. Representation of EEO Groups accounts are estimated at 18% on a cogeneration technology can be high, the study will recommend EEO Group Benchmark more contestable contract rate. or Target 2000 2001 2002 2003 a range of options that SOPA may These accounts are currently Women 50% 47% 50% ineligible for the 777 street lighting evaluate according to cost savings, Aboriginal People and Torres Strait Islanders 2% 0% 0% rate due to the presence of environmental benefits and People whose first language was not English 20% 10% 9% metering and the use of the budgetary constraints. The sophisticated C-BUS control system acquisition of a new cogeneration People with a disability12% 2% 0% to manage operation. plant should be considered as part People with a disability requiring work related adjustment 7% 1.7% 0% of the Strategic Asset Management Plan. B. Trends in the Distribution of EEO Groups Energy Saving Options EEO Group Benchmark or Target 2000 2001 2002 2003 Operating time Monthly saving Annual saving CO2 saved Cars saved Women 100 81 82 per annum per annum Aboriginal People and Torres Strait Islanders 100 N/A 0 $$ $tonnes People whose first language was not English 100 N/A N/A 8am to 7pm daily$216.97 $ 2,603.64People 27 6 with a disability100 N/A 0 8am to 6pm daily$433.93 $ 5,207.16People with 54a disability requiring 12work related adjustment 100 N/A 0 8am to 5pm daily$856.66 $ 10,279.92 99 22 Notes: 10am to 4pm weekdays 1. Staff numbers are as at 30 June. and 9am to 5pm daily$1,161.60 $ 13,939.202. Excludes casual Staff 135 30 3. A Distribution Index of 100 indicates that the centre of the distribution of the EEO group across salary leves is equivalent to that of other staff. Values less than 100 mean that the EEO group tends to be more concentrated at lower salary levels than is the case for other staff. The more pronounced this tendency is the lower the index will be. In some cases the index may be more than 100, indicating that the EEO group is less concentrated at lower salary levels. The Distribution Index is automatically calculated by the software provided by ODEOPE. 4. The Distribution Index is not calculated where EEO group or non-EEO group numbers are less than 20.

72 73 11 Appendices

Venues State Sports Centre Trust Other Major Venues Equal Employment Opportunity The State Sports Centre Trust was Telstra Stadium has been reconfigured Sporting venues at Sydney Olympic established in 1984 to manage and since the 2000 Olympics to become Equal Employment Opportunity Parklands, to inform aspects of • development of exit questionnaire Park owned by SOPA include the: operate the State Sports Centre – built one of the world’s most versatile achievements included: Parklands educational and tour will provide staff with the by State and Federal Governments stadiums, hosting a variety of codes programs opportunity to provide feedback Sydney Olympic Park Aquatic Centre • liaison and consultation with that year to help Australia develop its for up to 83,500 people – and doubled on a range of organisational issues disability groups and representatives • modifications were made to the Sydney Olympic Park Athletic Centre sporting performance after the 1976 its business tourism activity in the including equity, career progression, on access issues work area and building amenities to Montreal Olympics. 2002-03 financial year. communication, etc Sydney Olympic Park Sports Centre assist a new staff member • provision of disability awareness (formerly the State Sports Centre) Ownership of Trust property was Sydney SuperDome hosts a range of • Employee Self Service rollout to training for SOPA staff as a strategy • various committees were transferred to SOPA in July 2001, and sporting events and concerts, recently ensure that all staff are able to Sydney Olympic Park Hockey Centre under the Disability Action Plan established with EEO group the Trust, as appointed operator, now hosting a world-record breaking access personal information in a representation Sydney Olympic Park Sports Halls. works closely with SOPA to continue crowd for netball, a conference for • access audit commissioned for the secure and private manner to promote and support sport at all 15,000 people per day, and the ARIA site and rectifications implemented • flexible working arrangements were • review of Corporate policies to The NSW Government handed levels at Sydney Olympic Park and to music awards. approved, including part-time work • access guidelines covering future incorporate consideration of equity financial responsibility of the Aquatic attract a wide range of events to the Sydney International Tennis Centre developments on site produced • literature and posters were displayed principles Centre and Athletics Centre to SOPA precinct, including state, national and hosts the Adidas International each to promote diversity, access and commencing 1 July 2003. international sporting events, • SOPA worked closely with the • salary packaging for staff below year, as the second largest tennis equity issues. business events, leisure events, Aboriginal Community to deliver SES/Senior officer level to be Sydney Olympic Park Aquatic Centre tournament in Australia, and hosted exhibitions and concerts. Sydney Dreaming, an event held at Initiatives for 2003-04 include: introduced in a fair and equitable has been reconfigured to combine the Davis Cup in 2003. The Tennis Sydney Olympic Park in November manner. sporting and leisure activities. It is the Sydney Olympic Park Sports Centre is Centre is also a venue for business • Equity considerations to be 2002 to celebrate indigenous culture most visited sporting facility in New the third largest arena of its kind in and entertainment events. addressed in implementation of and dance – with a similar event South Wales – attracting one million Sydney, supports 60 sports and can Performance Management, Sydney Showground is home to the planned for December 2003 visitors a year – and a national second seat 500 to 5000 people for business including investigation of options Sydney Royal Easter Show, the largest to the . The events, sporting events, exhibitions • SOPA commissioned an Aboriginal for the recognition and reward of event in the southern hemisphere, Centre will host the 2004 and 2005 and concerts. history research project for the superior performance. National Swimming Championships. and is building strength in the Sydney Olympic Park Hockey Centre is exhibitions market – hosting product Sydney Olympic Park Athletics Centre used every day after 5:00pm and launches and increasing its meetings hosts amateur and professional every weekend for a variety of hockey and conference business by 115% in Ethnic Affairs Priority Statement athletics events and training sessions, competitions and training as well as 2002-03. and will host the 2004 and 2005 Gridiron games. National Athletics Championships. SOPA attaches high priority to the residents from non-English speaking Initiatives for 2003-04 include: Sydney Olympic Park Sports Halls are promotion of cultural diversity. Our backgrounds • a number of events will be branded Sydney International Archery Park a legacy of the Sydney 2000 Olympic achievements and initiatives in this • conducted community familiarity with an ethnic community theme – is home to both amateur and and Paralympic Games and operate as area during 2002-03 were: programs centred around the Indian, Chinese, Turkish, Arabic, professional archery groups and a training venue for the Olympic • SOPA and Auburn Council were Parklands to increase awareness and Italian and Korean communities will competitions, with Archery NSW using sports of badminton, judo, fencing, encourage greater use of our be included in these events the Park for much of its activity. jointly awarded the Best Cultural handball, table tennis, volleyball and Event prize in the Australia Day Local facilities • Customer Service training for staff The Sports Centre, Hockey Centre and wrestling. Community category of 2003 Local • worked with the ethnic media on will include a multi-cultural Sports Halls are managed and operated Government Awards for celebrations awareness campaigns to ensure all awareness component by the State Sports Centre Trust. in Bicentennial Park members of the community have • continued engagement of the local • facilitated increased community access of information on Sydney and ethnic community and use of awareness and involvement in events Olympic Park the ethnic media at Sydney Olympic Park by working • provided information facilities at the • participation in the Auburn Street closely with a communications Auburn Festival and the Newington Festival which features ethnic organisation that specialises in Street Fair to ensure local cultural performances and exhibits ethnic communications – outcomes communities had access to • staging of an Australia Day 2004 included a community event that information and material on Sydney event in partnership with Auburn showcased Sri Lankan food and Olympic Park offerings Council. culture and was attended by the • an ethnic communities Sri Lankan National Cricket Team representative is included on the • consulted the community on the Parklands’ Advisory Committee. Parklands Plan of Management – • SOPA’s workforce reflects the general facilitated through Auburn Council diversity within the community. who represent a high proportion of

74 75 11 Appendices

Freedom of Information Overseas Travel – 1 July 2002 to 30 June 2003 For the period 1 July 2002 to 30 June Consultation was undertaken with • SOPA sponsored a staff member 2003, SOPA received two requests the PSA in relation to working to attend the Ninth Commonwealth Officer Functional Area Places visited Dates of Visit Main Purpose of Visit under the Freedom of Information Act arrangements for staff during the Study Conference. 1992 (FOI Act). These requests were: period of the World Trade • Continued representation of women Geoff BuckleyMarketing Hong Kong, China 4 – 8 November 2002 Tourism Trade Mission Organisation (WTO) Meeting in on major committees and working & Corporate 1 August 2002 November 2002. The NSW Police groups. Communications The applicant sought access to Service took over operational control a range of documents of a former of the precinct surrounding the WTO • A female tertiary student was placed Simone Middleton Marketing Hong Kong, China 30 October – Tourism Trade Mission Olympic agency and documents meeting place, and special working in a traditionally male dominated & Corporate 8 November 2002 relating to an alleged injury during arrangements were put in place to profession at SOPA, under a student Communications the 2000 Olympic Games. The ensure the safety of staff. employment program, as a strategy application was suspended at the for improving training opportunities SOPA also consulted with the PSA on Jim Stone PropertyNew Zealand 18, 19 February 2002 Investigation of re-use of request of the applicant. for women. development and implementation of existing structure for 27 February 2002 the Performance Management Visitor’s Centre Occupational Health The applicant sought access to System. Suggestions from the PSA Helen Lochhead Planning New Zealand 18, 19 February 2002 Investigation of re-use of video footage from closed circuit were incorporated into SOPA’s and Safety Performance Management System & Urban Design existing structure for surveillance cameras. Advice No serious injuries were recorded document. Visitor’s Centre regarding this matter is being sought during the year. A small number from the Crown Solicitor’s Office. of minor injury and travel claims NSW Action Plan for Women Mark Stewart Business Lausanne, 22 – 28 April 2002 Meeting with FINA In the preceding year of 2001-02, a involving minimal loss of time Development Switzerland regarding the single FOI application was received by The following actions have been taken were recorded. World Swimming SOPA. There were no requests for in relation to the objectives under the SOPA's first OHS Committee Championships Internal Reviews during 2002-03. Action Plan for Women: was established in 2002 and met bi-monthly during the year. A number Applications under the FOI Act must • Four out of the five staff seeking of minor issues were addressed by be in writing and accompanied by an financial assistance and who were the Committee. application fee of $30. Enquiries and provided with financial assistance Consultant Expenses applications should be referred to: for tertiary study, were women. A high-level OHS Management and Coordination Group was established Consultant expenses over $30,000 are listed below, together with the description of their service. Senior Manager • Two of the three SOPA-sponsored to oversee and monitor the Executive Services places on the 2003 Public Sector development and implementation Consultant Total Cost Description of Service Sydney Olympic Park Authority Executive Development Program of policies and procedures for the Calais Consultants 39,725.00 Visitor Information Strategy Report 7 Figtree Drive have been taken up by women. management of SOPA's OHS Hassell Pty Ltd 44,950.00 Public Domain Strategy SYDNEY OLYMPIC PARK NSW 2127 • A work placement opportunity obligations. Telephone: 02 9714 7353 course provided under the NSW TAFE SOPA commissioned an independent Hill Thalis Architect 51,685.83 Urban Planning Advice Facsimile: 02 9714 7495 Career Education and Employment safety audit of its office premises and Jane Irwin Landscape Architect 51,685.83 Urban Planning Advice for Women, aims to provide women commenced implementation of RootProjects Australia Pty Ltd 35,855.81 Business Tourism Research Project Industrial Relations with training and practical recommendations. Strategies & Solutions Group Pty Ltd 71,982.51 IT & Communication Advice There were no industrial disputes experience to assist their re-entry The advice of HealthQuest Tony Caro Architecture 51,685.83 Urban Planning Advice during 2002-03. into the workforce, if they have been (Governement Medical Officer) was out of the workforce for some time. sought In relation to a vaccination and Droit Pty Ltd 61,986.00 Management & Design Advice SOPA maintains a positive relationship screening program for job and open communication channels • Five young women accompanied the Landsbury's International Pty Ltd 42,500.00 Project Realisation Advice classifications with inherent health with the Public Service Association SOPA Chief Executive Officer to the Michael Collins & Associates 30,315.00 Commercial Property Advice and safety risks. A report Is to be (PSA). Arrangements were agreed with “CEO and Young Professionals prepared by HealthQuest that will the PSA to cover a seven-day cycle and Breakfast 2003” hosted by the inform the basis for SOPA's TOTAL Consultants over $30,000 482,371.81 rostered shift arrangements during Institute of Public Administration preventative and monitoring program. the 2003 Easter Show. These Australia (IPAA), in conjunction with TOTAL 68 Consultants under $30,000 529,911.32 arrangements provided SOPA with the the IPAA NSW State Conference. The Broad-brimmed sun protection hats TOTAL CONSULTANTS 1,012,283.13 required flexibility to meet the theme of the breakfast event was and high-protection sunscreen were extraordinary demands of the Easter Connecting Future Leaders with made available to all staff to provide Show period and ensured that staff Current Leaders. maximum protection when moving were appropriately compensated for about the Sydney Olympic Park site these changed arrangements. for work-related or leisure purposes. Regular emergency training was provided to staff.

76 77 11 Appendices

Research and Development Marketing Research and Develoment

Costs for SOPA’s scientific research and model development projects and Aboriginal History and Connections Program During 2002-03, SOPA conducted research into customer understanding and product and business development, as well as are as follows: research into and how to best position and develop Sydney Olympic Park’s offerings. Total costs of marketing research and development during the year was $764,363 as follows: Scientific Research Customer Understanding Research Completed Research Cost Events development and customer satisfaction research 43,131 Three-year toxicity monitoring of leachate (costs listed for 2002-03) 250,000.00 Visitor experience non-events satisfaction and product development 162,107 Freshwater sediment research and baseline monitoring 70,000.00 Business events positioning and market understanding 35,855 Sediment movement and model development under various climate scenarios 33,000.00 Sydney Olympic Park precinct workers demographic and attitudinal survey 8,038 Review of risk assessment work 15,000.00 Annual benchmark and positioning research 249,131 Expert review 3,500.00 Ongoing research Product and Business Development Research PhD studies on saltmarsh, mangrove algae as bioindicators of pollution, Naming sports venues 23,000 endocrine active compounds in sediment 40,000.00 Sports City Project Preliminary Business Concept 14,612 TOTAL RESEARCH COSTS 411,500.00 Arts & Cultural Strategic Plan 83,208 Food Experience development research 65,500 Wetlands Research New Visitor Gateway Centre Development research 119,315 Completed Research Cost Ongoing visitor count research – Parklands and urban core 174,097 Tidal flow study in mangroves 16,000.00 TOTAL MARKETING RESEARCH 764,363 Hydrological studies in degrading wetlands 30,000.00 Telemetered tidal data gathering and analysis 20,000.00 Albino mangrove research 7,000.00 Privacy Management Protected Disclosures Credit Card Certification Toxic blue-green algae monitoring and control 24,000.00 Effects of drought on wetlands 11,000.00 In accordance with the Privacy The Protected Disclosures Act offers Credit card use within SOPA has been in Information Protection Act 1998, SOPA protection to public officials who make accordance with Premier's Memoranda Odour problem investigation and analysis in degrading wetlands 7,600.00 has developed a Privacy Management disclosures concerning corrupt conduct, and Treasurer's Directions. TOTAL RESEARCH COSTS 115,600.00 Plan and has submitted this Plan to maladministration and serious or Privacy NSW. substantial waste of public money. The Privacy Management Plan sets out Within SOPA, disclosures can be the core business and functions made to: of SOPA and refers to information • The Chief Executive Officer Aboriginal History and Connections Program protection principles and procedures • Executive Director, Corporate Services for internal review. It also includes SOPA’s Aboriginal History and Connections Program incurred costs of $53,445 during 2002-03 for the following activities: a table that documents SOPA’s • The officer’s supervisor. establishing and maintaining "Connections Network"; archeological site surveys in Wanngal Woodland; publication of processes for handling personal No disclosures were reported during quarterly newsletter; ongoing archival and primary source document research and oral history sourcing and recording. information. the year. The Program is ongoing and the 2003-04 budget is $88,300. No applications for review were received during 2002-03.

78 79 11 Appendices

Payment Performance Indicators Parklands • Corporate brochure outlining the Consumer Feedback vision for SOPA is used as a support A range of information sheets are In early 2003, SOPA established an produced to support the Parklands to investors, developers and other Trade Creditors Aged Analysis at the end of each quarter partners additional customer feedback programs. These include flyers mechanism via email through its Quarter Ended Current Less than Between Between More than supporting Bird Week, Walks & Talks (within due date) 30 days overdue 30 & 60 days 60 & 90 days 90 days overdue • Corporate Plan articulating the newly redeveloped website. This an annual publication aimed at Bird strategies and actions required to added to the traditional telephone overdue overdue Club members, plus a variety of fact $$$$$ achieve the corporate vision and letter response mechanism, with sheets on a range of educational distributed to staff and on-site some twenty responses received in At 30 September 2002 203,287 510,370 82,884 77,312 20,568 topics: stakeholders the six months from January to July 2003. At 31 December 2002 228,450 8,371 62,147 14,154 (175) • WRAMs for visitors, tours and • Sustainability Strategy provides a conference attendees At 31 March 2003 162,469 319,090 166,547 2,426 6,704 corporate framework for sustain- All feedback, whether a comment, • Mosquito Fact Sheet for local ability, is distributed to Government, idea or complaint, is aimed to be At 30 June 2003 42,799 140,348 3,686 (909) 2,063 residents EPA and environmental groups responded to within seven days. Much of the feedback received during • Natural History Illustration • State of Environment report is a 2002-03 was in the nature of Workshop for schools and special statutory requirement, and available Trade Creditors Accounts paid on time within each quarter constructive feedback for improvement interest groups on the SOPA website and distributed of Sydney Olympic Park, such as advice Quarter Ended Accounts Paid Accounts Paid Amount Paid Total Amount Paid to all Government and on damaged or broken facilities, on Time on Time on Time Corporate environmental agencies improvements to the website, etc. Target% Actual% $’000 $’000 A range of publications are produced In addition to the above there is a to meet our corporate obligations and The primary area of complaint was in At 30 September 2002 95 62 14,506 23,508 significant requirement to maintain to communicate the plans and vision the area of carparking (regarding At 31 December 2002 95 61 11,659 19,235 and update signage on site and across for Sydney Olympic Park. These infringement notices, etc) or traffic the venues, to ensure that the At 31 March 2003 95 56 13,467 24,075 include: management issues, with a small corporate brand is conveyed number of infrequent complaints on a At 30 June 2003 95 60 29,877 49,854 • Annual Report is produced in hard professionally and accurately. broad range of issues from noise from copy format and on the SOPA website events to mosquito problems for the SOPA implemented a major GST compliance program during the financial year. A number of invoices received did not meet the ATO’s surrounding residential areas. requirements of a Tax Invoice and were consequently returned to suppliers for correction. There were a number of circumstances where SOPA officers were not satisfied with goods and services provided by suppliers which resulted in either adjustments to invoices or deferred payment. Some officers of SOPA had not followed purchasing procedures which resulted in delays in the payment process. SES Staffing Profile No suppliers requested or were reasonably entitled to penalty interest charges during the financial year. SES Level Males at 30 June 2003 Females at 30 June 2003 Vacant as at 30 June 2003 Publications and activities to those seeking Business Events Level 7 1 - - information on business SOPA works closely with the venues at SOPA produces a range of publications Level 5 2 - - opportunities. Sydney Olympic Park to cooperatively and material to communicate with its market the site as a destination for Level 4 1 - - diverse audiences. Specific event flyers are also produced to support Sydney Olympic Park business events. Level 3 - - 1 Sydney Leisure Market events such as ‘Alive’, designed to A business events brochure detailing Total 4 - 1 Our busy leisure activity and event embrace the memories of the Sydney the range of venues, space and calendar is promoted through a 2000 games, Boulevard Markets, configurations available for on-site weekly ‘What’s On’ advertising Movies in the Overflow, etc. functions, meetings, exhibitions and campaign in the major metropolitan, conferences is produced annually. This suburban and ethnic Sydney papers Leisure Tourism is supported by a Corporate Leisure & and key Sydney AM and FM stations. A leisure tourism publication branded Team Building brochure, which details This campaign is further supported by ‘Must See’ is produced annually and the leisure and incentive activities brochures and posters distributed to distributed to retailers and available on site. Both of these consumers, venues, targeted media wholesalers through Tourism Sydney brochures are distributed to PCO’s, contacts and key tourism outlets. and Tourism NSW. corporates and other qualified bookers of event space. The website was rebuilt during Advertising promoting specific Sydney 2002-03 and now provides a Olympic Park activities and events is comprehensive source of information placed in a range of Tourism Sydney, for all visitors to the site, from those Tourism NSW and Tourism Taskforce seeking to find out more on events publications.

80 81 11 Appendices

CES/SES Performance Statements

Mr Brian Newman Mr Newman also oversaw processes contracts valued at $470 million for A detailed review of the procurement and recognition of Sydney Olympic Olympic Park. As a result, Sydney relating to the sale and long-term residential and commercial/retail Chief Executive Officer of car parking management resulted Park, and in establishing a sense of Olympic Park doubled attendance at lease of three residential sites and one developments in the town centre. Chief Executive Service, Level 7 in the award of a new contract that place and a set of values that are business events. commercial development site at These landmark developments will emphasised performance-based attributable to the place. SOPA also Period in Position: Full Year Sydney Olympic Park. This fundamentally alter the character and Mr Buckley’s position is also management. The new management worked closely with the venues within development will generate $470M of landscape of Sydney Olympic Park. responsible for overseeing site The Minister and Chairman reported contract resulted in greater Sydney Olympic Park to strengthen private sector investment and yield They represent the beginning of a operations. Operational plans have that Mr Newman performed to a high efficiencies in operational the overall Sydney Olympic Park brand the Government $72M of value in cash major urban redevelopment program been developed for the Rugby World level in 2002-2003. management and enhanced revenues. and to maximise its potential. and in-kind benefits. at Sydney Olympic Park, that will Cup following close liaison with the Mr Newman developed the underpin its transformation into a Refined contract procurement A range of corporate brochures, Australian Rugby Union and the Major As SOPA is a young organisation, its organisation’s first comprehensive vibrant urban centre. methodologies were also adopted in promotional material and collateral Events Unit within Premier’s structure continued to evolve during Corporate Plan to formalise SOPA’s relation to asset management. These was produced during the year. A major Department. SOPA also worked closely the year. Mr Newman appointed four The residential developments will take vision, mission, corporate objectives methodologies resulted in a reduction enhancement of the website was also with the NSW Police Service and new Executive Directors and oversaw the form of three towers and include and key strategies and to guide SOPA’s in standing costs and an increase in undertaken. businesses on site for the successful the appointment of 13 senior staff. 746 units, 1100 car spaces and 1,340 m2 business over the next 5-7 years. The the quality of the performance of staging of the high security World retail development. The 50,000m2 Mr Buckley oversaw SOPA’s initial Corporate Plan’s economic Increased visitation levels were service contracts. Trade Organisation Meeting in commercial/retail development will Event Strategy that established a development strategy is designed to achieved for Sydney Olympic Park November 2002. take the form of three six-story SOPA built on our best practice water strategic basis for the assessment and generate long-term revenue through a combination of initiatives buildings, including 5500m2 retail reclamation and management system development of events at Sydney The Ranger Security Services contract opportunities and leverage Sydney involving community engagement, development and 746 car parking by entering into an agreement with Olympic Park and the role SOPA takes for Sydney Olympic Park was tendered Olympic Park’s competitive advantage increased product offerings and more spaces. Sydney Water for the sharing of in the staging, promotion and support and awarded during the year. The around six key themes in science & effective marketing and technology and intellectual property of events. contract provides for 24-hour technology, education, sport, communication programs. In principle agreement was also in relation to water usage and surveillance and monitoring of environment, health, leisure & reached for the development of Sports A number of events were successfully SOPA’s sustainability agenda – with a management. the site and for the enforcement wellbeing and culture, the arts & House – a six-storey, $35 million staged by SOPA through the focus on social, economic, and of parking and other regulations entertainment. project comprising 12,000m2 of space. Mr Martin initiated SOPA’s Vision 2025 Marketing and Corporate environmental sustainability – was within Sydney Olympic Park. Sports House will become a model for program. His area also initiated and Communications team during the The implementation of these progressed, as was implementation of sports administration in NSW through produced SOPA’s first ‘new brand’ year. These included: Sydney Smooth implementation of the Visitor strategies commenced during the the Parklands Plan of Management the co-tenancy of leading professional presentation material, Presentor, to Dreaming, a celebration of indigenous Services contract was also achieved year, with significant progress made in and the Parklands 2020 vision. and amateur sports bodies, including assist in the promotion of SOPA’s culture, food and dance; Alive, during the year. establishing Sydney Olympic Park as Mr Newman also continued to NSW Department of Sport and strategic development opportunities. commemorating the anniversary of the hub of the sports industry and consolidate and strengthen business Recreation and NSW Institute of the Sydney Olympic Games; Carols by Australia’s premier sports destination. and working relationships with venue Sport. the Cauldron; Boulevard Markets; The establishment of an Education operators, and other Sydney Olympic Movies in the Park; and Would you like Reference Panel was a significant step The capital works program of $26 Mr Geoff Buckley Park stakeholders, and with the Music with That? in establishing formal links for the million was delivered on time and on Sydney Olympic Park Business Executive Director, Marketing and investigation of education related budget. Significant projects included A major upgrade of leisure tourism Association. Corporate Communications business opportunities. the installation of the Games Senior Executive Service, Level 5 products was undertaken including commemorative poles and Games the Explorer bus tour and the Games Development of the Corporate Memories projects, the final phase of Period in Position: Trail. A joint marketing program was Plan was complemented by the Mr Terry Martin Telstra Stadium works construction, 5 August 2002 to 30 June 2003 agreed with Tourism Sydney to target implementation of a strong new wayfinding and arterial signage, and domestic and international leisure corporate identity and brand, to Executive Director, Property The Chief Executive Officer reported Parklands enhancements. tourists. Planning was finalised for the reposition and enhance the market Senior Executive Service, Level 5 that Mr Buckley performed to a high relocation and reinvigoration of the positioning and image of Sydney The treatment of scheduled chemical level in 2002-2003. Period in Position: Visitor’s Centre to provide more Olympic Park. waste on remediated land was 29 July 2002 to 30 June 2003 Mr Buckley led the development of effective and efficient visitor servicing. completed and validated. The project A central element of SOPA’s future the Sydney Olympic Park brand The Chief Executive Officer reported used pioneering environmental SOPA established a business events planning was the development of the strategy and brand positioning. He that Mr Martin performed to a high technology and was supported by sales role and assisted with the conceptual framework for SOPA’s oversaw the brand audit and the level in 2002-2003. environmental groups. Prior to the coordination of business events across placemaking objectives, SOPA’s commencement of brand development of this technology, the site. This allowed for a single point Founding Principles of Place Making – Mr Martin led the tender evaluation implementation. Over time, branding highly contaminated materials were of contact for organisations interested Shaping the Future of a Town. and negotiation processes for the will be critical in increasing awareness awarding of major development stored in secure warehouses. in staging a business event at Sydney

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Cover Photo Captions

FRONT COVER L-R BACK COVER L-R Jane Spring Michael Thompson Senior Manager, Executive Services Administrative Support Officer Corporate Services Corporate Services Luke Saffinga Maria Ferlito Senior Park Ranger Executive Assistant to David Grant Place Management Parklands Placemaking Judy Harrington Tony Nesbitt Interpretive Ranger / Guide Manager, Events & Programs Development Place Management Parklands Placemaking Danielle Hoare Julie Meilik Business Events Coordinator Data Catalogeur Marketing & Corporate Communications Parklands Placemaking Robert Leece Carol Giuseppi Herb Elliott Director, Communications Penelope Figgis Marketing & Corporate Communications Board Members Nick Hubble Sydney Olympic Park Authority Executive Director Mark Stewart Financial Services Executive Director Business Development

Design Neon Creative Photography Tommy Morris, John Barrett Printer Fast Proof Press

Contact Details

Sydney Olympic Park Authority 7 Figtree Drive, Sydney Olympic Park New South Wales 2127 Telephone: 02 97 14 73 00 Facsimile: 02 97 14 78 18 Email: [email protected] www.sydneyolympicpark.nsw.gov.au Our office hours are 8.00am to 5.30pm, Monday to Friday.

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