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					03
 Syd n ey O l y m p i c Pa r k Au t h o r i t y A n n u a l Re p o r t 2 0 0 2 /0 3
Contents
3    01 Introduction
     Letter to the Minister
     Chairman’s Overview
     CEO’s Report

10 02 Sydney 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                                      Sydney Olympic Park Authority
    The Hon Sandra Nori, MP
    Parliament House
    Macquarie Street
    SYDNEY NSW 2000
                                                                is consolidating a vision that
    Dear Minister,
    The Sydney Olympic Park Authority has
                                                                will position Sydney Olympic
    pleasure in submitting to you its Annual Report
    for the period 1 July 2002 to 30 June 2003 for
    presentation to Parliament.
    The report is submitted in accordance with
                                                                Park for the next 20 years of
    Section 9A (a) of the Annual Reports
    (Statutory Bodies) Act 1984.

    Yours sincerely,
                                                                its post-Olympic life. Our
                                                                highly committed team of
    Brian Newman
    Chief Executive Officer
    Sydney Olympic Park Authority                               professionals are motivated by
    David Richmond AO
    Chairman
                                                                the knowledge that they are
    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 Parramatta CBDs and            As SOPA continues to work closely
    sustainable town at Sydney       refinement of business objectives                                                      Olympic’, ‘Olympic’ and ‘post-          Sydney Airport.                           with on-site venues and partners in
                                                                                 The SOPA team is genuinely excited
    Olympic Park.                    for our economic development                                                           Olympic’ life cycle, our long-term                                                our marketing and management of
                                                                                 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
                                                 Sydney Olympic Park Authority
                                                                                                                            architecture and infrastructure




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.

     seminal year for the Sydney         vibrant urban centre located 14km
                                         west of Sydney CBD and 8km east of
                                                                               the definition of an economic
                                                                               development strategy for Sydney
                                                                                                                      We will proactively promote these
                                                                                                                      six themes by building on those
     Olympic Park Authority. We laid     Parramatta CBD – represents a
                                         major step in our understanding of
                                                                               Olympic Park. The strategy is
                                                                               structured around the promotion of
                                                                                                                      characteristics that are unique to
                                                                                                                      Sydney Olympic Park, and offer a
     the building blocks for our         how this place will evolve and how    six ‘themes’, namely: sport; health,
                                                                                                                      clear competitive advantage.
                                         it should be managed.                 leisure and wellbeing; education;
     future and achieved major           During the year we reviewed our
                                                                               environment and nature; science        Together these highly integrated
                                                                               and technology; and culture, the       themes will provide Sydney Olympic
     results. Our mission is now clear   vision for the physical form,
                                         functions, beliefs and values that
                                                                               arts and entertainment.                Park with a sustainable business
                                                                                                                      model. For example, with the NSW
     – to develop and maintain, to       will characterise Sydney Olympic
                                         Park and our place leadership role.
                                                                               We believe Sydney Olympic Park has
                                                                               a competitive advantage in each of
                                                                                                                      Department of Sport & Recreation,
                                                                                                                      we are developing the concept for
     international standards, a          The review has entailed further       these themes, especially in sport,
                                                                                                                      Sports House, a State centre for
                                         refinement of our functions of        where we are seeking to establish a
                                                                                                                      sports administration that will
     unique integrated town called       placemaking and place                 unique sports industry model that
                                                                                                                      attract a range of amateur and
                                         management as we develop              harnesses the potential of all
     Sydney Olympic Park.                Sydney Olympic Park and manage        dimensions of sport – including
                                                                                                                      professional sports organisations
                                                                                                                      into the precinct, to help consolidate
                                         its day-to-day operations.            sports education, sports
                                                                                                                      Sydney Olympic Park's position as
                                                                               administration, sports science,
                                                                                                                      Australia'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)
The Sydney Olympic Park Authority       AO MEc Chairman                         FRAPI DSc hc UNSW                      MBA FIE (Australia)
                                                                                                                                                              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
including the Chairman, were                                                                                                                                  Mr Christodoulou is Deputy                      Ms Figgis is long-standing Vice
                                        July 2001. He is currently Foundation   She has been a non-Executive           was Deputy Director General of the
formally appointed by the NSW                                                                                                                                 Assistant Secretary of the Labor                President of the Australian
                                        Director and Professor, Graduate        Director of Sydney Water since         Olympic Coordination Authority.
Treasurer and Minister for State                                                                                                                              Council of NSW. His distinguished               Conservation Foundation, Director of
                                        School of Government at the             1997 and Chairman since 1998.
Development, The Hon Michael                                                                                           Mr Leece had a non-executive role      career in the union movement                    the Australian Bush Heritage Fund,
                                        University of Sydney.                   Mrs Kibble is Chairman of the
Egan MLC, in July 2001 for a three-                                                                                    on the Sydney Organising               began in 1981 and has involved roles            Member of the World Commission
                                                                                Remuneration Committee and a
year term to 30 June 2004. Under        As Director General of Sydney 2000,                                            Committee for the Olympic Games        as Joint Assistant National Secretary           on Protected Areas and a Board
                                                                                member of the Public Health,
the Sydney Olympic Park Authority       Mr Richmond was responsible for                                                Sports Commission which managed        of the Australian Liquor, Hospitality           Member of the Jenolan Caves
                                                                                Research and Development
Act 2001 No 57 (SOPA Act), Board        overseeing all the operations of the                                           all sporting, Olympic family and       and Miscellaneous Workers Union,                Reserve Trust. As a senior member
                                                                                Committee, Audit and Risk
Members may be re-appointed at          Sydney Olympic and Paralympic                                                  National Olympic Committee             and coordinator of the NSW Labor                and consultant for Australia’s
                                                                                Management Committee and
the end of their term.                  Games and coordinating NSW                                                     matters for the 2000 Sydney Games.     Council’s Unions 2000 which liaised             environment movement and the
                                                                                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
Pecuniary Interests                     the Sydney 2000 Games.                                                         the Sydney Olympic Broadcasting        Committee for the Olympic Games                 Foundation’s chief lobbyist in the
                                                                                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
Interaction with Management                                                     Camden and Hoxton Park Airports
                                                                                                                                                              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   Figgis, David Richmond,
of SOPA’s activities and performance    of Health and Chief Exective Officer,                                          and construction industries.           Brian Newman.
                                                                                Australian Planning Institute.
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     New South Wales 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        Corporate Governance                    Mission                                SOPA Act – Millenium Parklands
Mr Herb Elliott was appointed to
                                          Executive Officer of Puma Australia,   Newman was Managing Director of                                                 SOPA's mission is to develop and       Functions
the Sydney Olympic Authority Board
                                          Commissioner of the ABC Board and      Nusajaya Development Sdn Bhd in         The SOPA Act constitutes the            maintain Sydney Olympic Park to        Under the SOPA Act, SOPA is
on 1 July 2001. He is one of
                                          Director of the Board for the          Johor, Malaysia, a mini-city project    Sydney Olympic Park Authority           international standards, as a unique   responsible for management and
Australia’s best known Olympic
                                          Australian Institute of Sport.         designed to provide a second            (SOPA) as a statutory body              integrated town.                       development of the Millenium
athletics champions.
                                                                                 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                                                established on 1 July 2001 with a       Mandate
                                                                                 Mr Newman has held a range of                                                                                          following functions:
Relations for the Australian Olympic      Securities Institute of Australia                                              charter to manage and promote the
                                                                                 senior management positions in the                                              Under the SOPA Act, SOPA is defined    f) maintain the Millenium Parklands
Committee, Mr Elliott has a broad                                                                                        640 hectare Sydney Olympic Park
                                          Mr Brian Newman was appointed to       Australian property sector, including                                           as having the following core
range of responsibilities. He                                                                                            site, including the protection of the                                          g) permit the use of the whole or
                                          the position of Chief Executive        roles as Chief Executive Officer of                                             functions:
developed strong relationships with                                                                                      425 hectare Parklands.                                                         any part of the Millenium Parklands
                                          Officer, Sydney Olympic Park           City West Development Corporation
the Australian Olympic Committee’s                                                                                                                               a) promote, coordinate and manage      for recreational, historical, scientific,
                                          Authority on 29 January 2002 and       and acting Chief Executive Officer of   Under the SOPA Act, a governing
partners who the 1998 and 2000                                                                                                                                   the orderly and economic               educational and cultural activities.
                                          joined the Board on that date.         the Honeysuckle Development             Board of Authority was created
Olympic teams.                                                                                                                                                   development and use of Sydney
                                                                                 Corporation. As State Manager for       whose main function is to provide                                              h) exercise such other functions as
                                          Mr Newman came to SOPA from a                                                                                          Olympic Park including provision
Mr Elliott is currently a Director of                                            Lend Lease Development during the       direction and guidance to SOPA,                                                are necessary in order to give effect
                                          successful tenure as Chief Executive                                                                                   and management of infrastructure
Ansell Limited, a Director of                                                    early 1990s, Mr Newman oversaw                                                                                         to any relevant Plan of Management
                                          Officer of Emaar Properties in                                                 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                                              at Sydney Olympic Park.                                                         manage, undertake, secure, provide     An Agency of Government
                                          he managed some of the region’s                                                There are a number of committees
Director of Athletics Australia.                                                                                                                                 and conduct the following range of     As a Statutory Authority of the
                                                                                                                         to address the Board’s range of         cultural, sporting, educational,
                                                                                                                         responsibilities, including the Audit                                          New South Wales Government,
                                                                                                                                                                 commercial, tourist, recreational,     SOPA is committed to serving the
                                                                                                                         and Compliance Committee,               entertainment and transport
                                                                                                                         Parklands Advisory Committee,                                                  public to the highest standards.
                                                                                                                                                                 activities and facilities              SOPA operates in accord with
                                                                                                                         Planning and Development
                                                                                                                         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.                                                                                               Olympic Park, particularly the         > strengthen the State’s social
                                                                                                                         information on these committees,
                                                                                                                         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
                                                                                                             Attended                                            e) liaise with and maintain
                                                                                                                         Olympic Park to become an                                                      > create the nation’s largest urban
 David Richmond         yes        yes       yes      yes       yes       yes     yes       yes       yes      9/9
                                                                                                                                                                 arrangements with Olympic
                                                                                                                         internationally recognised example                                                park at Sydney Olympic Park.
                                                                                                                                                                 organisations such as the
 Chris Christodoulou    yes        yes       yes      yes       yes       yes     yes       no        yes      8/9       of intelligent placemaking – a
                                                                                                                                                                 International Organising Committee
 Herb Elliott           yes        yes       yes      yes       yes       yes     no        yes       yes      8/9       dynamic and diverse town for living,
                                                                                                                                                                 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:
                                                  • Corporate Communications
                          Marketing & Corporate
                            Communications
                                                     - Media Relations                    2003-08 Corporate Plan
                                                     - 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
                                                  • Urban Design
                                                                                          of Sydney Olympic Park
                              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                             • HR Management
      Board   Executive     Corporate Services    • Administrative Services               Parklands 2020
                                                  • IT Services & Records Management
               Officer                            • 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
                                                  • Risk Management
                                                                                          A statement of our commitment to delivering environmentally
                                                                                          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
                                                  • People-Movement, Safety & Security
                            Place Management      • 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             Successful implementation of the       page shows, each economic driver         Committed to environmental
Essential to SOPA’s place leadership
                                        Sydney Olympic Park’s ‘campus’          acknowledged and respected brand         Corporate Plan requires an             will promote a way-of-life and a set     sustainability
role at Sydney Olympic Park has
                                        environment to build a diverse          that adds value to its product and       organisational response from SOPA      of values which, together, make up
been the preparation of our                                                                                                                                                                              Learning community
                                        student and institutional base          service offering                         that is both structural and cultural   the ‘smart community’.
2003-08 Corporate Plan.                                                                                                                                                                                  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          In this market orientated, customer    Sports town
multi-dimensional ‘smart                                                                                                                                                                                 Events town and
                                        Olympic Park                            benefits of Sydney Olympic Park and      conscious and development-driven       Sports play a vital role in people’s
community’ – a community that                                                                                                                                                                            Creative community
                                                                                by progressively reducing net            business environment, the              lifestyles in the most significant
shares a set of values and enjoys a     4. position Sydney Olympic Park as                                                                                                                               Events play a significant role in the
                                                                                annual operating costs.                  Corporate Plan also emphasises the     and integrated sports centre in
way-of-life unique to the place.        a national centre for health,                                                                                                                                    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’,                                                                                     changing business agendas.
                                        enriching place for spiritual,          objectives are a range of strategies                                            Intelligent community                    determine a point of difference for
emanate from the six pillars of
                                        emotional, occupational,                that will determine how we move                                                 World class IT&T infrastructure is       the town.
SOPA’s economic development                                                                                              Creating a ‘smart community’
                                        intellectual, economic, social and      forward in building and maintaining                                             used to improve the quality of life of
strategy, namely: science &                                                                                              The economic development of
                                        physical welfare                        a thriving new town, and that                                                   those living, working and learning       LEFT
technology; health, recreation &                                                                                         Sydney Olympic Park is framed                                                   Deborah Hennessey
                                                                                uphold the Olympic legacy of high                                               at Sydney Olympic Park
wellbeing; environment; education;      5. become a regional centre for                                                                                                                                  Operations Accountant
                                                                                ecological, design and management        around SOPA’s concept for a                                                     Financial Services
sport; and culture, arts, food &        culture, the arts, food and                                                                                             Healthy community
                                                                                standards.                               ‘smart community’ where six                                                     RIGHT
entertainment.                          entertainment – an activated, lively                                                                                    A holistic approach to physical and
                                                                                                                         interdependent community themes                                                 Wayne Prior
                                        place that offers a distinctive array   Five ways in which SOPA will                                                    environmental health                     Director, Commercial Property Services
Together, these economic drivers                                                                                         – or ways of life – are promoted.
                                        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                         Unique Regional Position
                                        Olympic Park as an outstanding
a competitive advantage for Sydney                                              > levels of economic generation
                                        example of intelligent place making                                                Sydney Olympic Park is located in the geographical heart
Olympic Park.
                                                                                > market differentiation, as a             of metropolitan Sydney, 14 kilometres west of Sydney CBD
                                        7. be home to one of the world's
                                                                                   place for living, working, learning     and 8 kilometres east of Parramatta.
Business objectives                     great urban parklands – bringing
The Corporate Plan incorporates         together nature, art and history           and leisure                             Sydney Olympic Park enjoys a close relationship with the
eleven key business objectives                                                  > brand positioning.                       Western Sydney region, which is profiled below:
                                        8. create a high quality living and
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                                                        and Sydney CBDs
                                                                                Business Objective are also
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
integrated sports industry model                                                                                           > population 1.8 million growing top 2.4 million by 2018
                                        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                                      A holistic approach to                                                 community needs and their              planning targets and enable us to
     economic and social life, and                                                                The purpose of Vision 2025 is to
                                                                    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.
                                         Sydney                                                   Park and achieve high quality              Discussions were initiated regarding   Craig Bagley
                                                                                                                                                                                    Director, Planning
                                                                                                  environmental amenity for the
                                      Olympic Park                                                people who will work in, live in and
                                                                                                                                             how Auburn Council can play an         Sustainability
                                                                                                                                             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 –
           Intelligent                                                   Learning                                                            services like childcare, library and
                                                                                                  (a planning framework for the Town
          Community                                                     Community                                                            community centre support. The two
                                                                                                  Centre) and Parklands 2020
                                                                     Learning is woven into                                                  organisations also worked together
           World class IT&T
                                                                    the fabric of intellectual,
                                                                                                  (a planning framework for our 425
     infrastructure and business
                                                                     cultural and economic        hectare Parklands). The process has        on cultural events such as the
      partners complement the
         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             describes how both organisations
                                     Decisions are made according
                                      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
                                                         Under the SOPA Act, SOPA is
                                                                                                 include picnicking, cycling and      Management
                                                                                                 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               Newington Armory 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
                                                                                                                                      assist implementation.


     Pristine woodlands,
                 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
participants with a net satisfaction                                            Woodlands and Wetlands to offer a        Whether spotlighting for animals at
                                        > general program promotion –                                                                                             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:                          and presented in SOPA’s first                                                 from the rich natural and cultural                                                 in the region.
                                                                                                                                                                  tours were developed for delivery in
                                           quarterly newsletter to promote      The Parklands celebrated Western         heritage of Sydney Olympic Park.
                                                                                                                                                                  2003-04 to include:
Aboriginal History and                     the program                          Sydney Environment Week with an
Connections Program                                                                                                      Education Program                        > Indigenous Tour Program will be
                                                                                open day at Newington Armory on
                                        > 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
> cultural heritage research –          Sydney Olympic Park’s River Walk                                                                                             expanded program
                                                                                                                         Bicentennial Park, a new bridge to
     location of previously             and the Louise Sauvage Pathway.
                                                                                                                         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
                                        6.3 kilometres of car-free paths to                                                                                          Place Management
     Wanngal Woodland
                                        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

Wetlands Ecology Research                As a result of redevelopment at
                                                                                  program; a weed replacement trial     The extraordinary diversity of people who come to
                                                                                  for the Brickpit; management of
During 2002-03, SOPA's Wetland           Sydney Olympic Park throughout
                                         the 1990s to conserve and enhance
                                                                                  water levels in constructed           Sydney Olympic Park gives the place one of its
Ecology Research program spanned:                                                 freshwater ponds to maintain a
hydrology; nutrient and eutrophication   genetic, species and ecosystem
                                         biodiversity, the place now contains
                                                                                  minimum ‘frog level’ during the       finest dimensions. During 2002-03, these people
issues; biodiversity; degradation,                                                summer Green and Golden Bell Frog
repair and regeneration of habitats      a rich diversity of ecologically
                                         significant fauna, flora and habitats.
                                                                                  breeding season; and irrigation of    and organisations included:
and communities; drought;                                                         drought-threatened saltmarsh
and pest control.                        The site’s constructed and altered
                                                                                  species Wilsonia backhousei.                            > Local Rotary Club                              > National Dance Championships
                                         habitats and competing land
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
increase the involvement of                                                                                                               > Dance Parties                                  > NSW Gridiron Football League
                                         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                        > Desperate and Dateless Ball                    > Gay Games
and create linkages with the             During 2002-03, SOPA undertook a
                                                                                  SOPA to integrate the protection of
broader community. Where possible,       wide range of management                                                                         > Lunchtime Legends Sports Comp                  > School Speech Nights
                                                                                  ecological assets and values with
scientific and technical publications    activities to conserve biodiversity at                                                           > Lions Club                                     > Transmission Dance Party
                                                                                  management operations and
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
As part of sharing information with                                               management strategies; and                                 the 2008 Beijing Olympic Games
                                         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
and Training workshops were also                                                                                                                                                           > Kemp Ryu Karate Championships
                                         selective removal of mangrove
conducted.                                                                                                                                > Korean National Olympic
                                         seedlings in saltmarsh stands;                                                                                                                    > Australian Deaf Games
                                                                                                                                             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
protect, repair, enhance and             landscape, construction and security                                                                                                              > 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
                                                                                                                                                                                                                 on
commitment to best practice management of environmental, social and economic




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sustainability. We developed a Sustainability Policy and Sustainability Strategy and produced                                                                                                                     an




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a State of the Environment report (SoE) that describes programs, education opportunities,                                                                               sys
                                                                                                                                                                           tem
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                                                                                                                                                                                                        Pa en sp
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operational management functions and other activities that promote sustainability
at Sydney Olympic Park.                                                                                                                                                      ht                          Pos
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The SoE will move towards a             > receive Ministerial approval for      During 2002-03, SOPA also




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‘sustainability reporting’ format for     the Plan of Management for            established strategic partnerships




                                                                                                                                                                                                                l
2003-04 to ensure ongoing diversity       the Parklands                         with a diverse range of stakeholders




                                                                                                                                                                       Waste
in SOPA programs and initiatives,                                               – including research institutions,
                                        > 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
                                        > receive endorsement from the
                                                                                economic sustainability.
achievements in promoting
sustainability as a key objective in      NSW Heritage Council for the          Sustainability Policy
the 2003–08 Corporate Plan. Other         Conservation Management Plan
                                                                                The Sustainability Policy reflects
                                                                                                                                                               sustainable community
achievements in sustainability            for the Abattoir Heritage Precinct
                                                                                SOPA’s commitment to                              Sydney Olympic Park Authority’s commitment to best practice sustainability
during the year were to:                > receive commendation for              environmental innovation and a
> establish an assessment process         ‘conservation of built heritage’ in   best practice approach to
                                                                                                                                and excellence in urban design are key considerations for future development at
  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                                                                                         conservation, all future                                      development proposals for Sydney
                                                                                                                         1. All developments at Sydney
                                                                                The Sustainability Strategy is a                                                developments must prioritise                                  Olympic Park are similar to the
                                        > commence development of a                                                         Olympic Park must connect to
                                                                                practical interpretation of principles                                          selection of sustainable materials,                           criteria that was used to assess
                                          Social Plan for the town                                                          Sydney Olympic Park’s innovative
                                                                                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
                                        > complete the scheduled chemical
                                                                                The Strategy interprets the concept      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      and operational phases.
                                          Alan Hill
                                          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
breaches to environmental
                                         SOPA is currently developing its first
                                         Social Plan for Sydney Olympic Park
                                                                                  The 2003-08 Corporate Plan reflects
                                                                                  SOPA’s understanding that the
                                                                                                                        requires the development of many elements, not the least
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
SOPA has developed a Waste                                                        essential to the creation of a                            Commercial Services and Asset          town has the retailing, services and
                                         future ‘character’ of Sydney Olympic
Reduction and Purchasing Plan                                                     sustainable town at Sydney                                Management (incorporating Capital      public facilities and infrastructure
                                         Park by enabling SOPA to
(WRAPP) as required by the Waste                                                  Olympic Park.                                             Works) which manage and change         necessary for the town to function
                                         appropriately respond to the
Avoidance and Resource Recovery                                                                                                             the physical landscape of Sydney       and thrive; that people have what
                                         evolution of: residential and
Act 2001. The WRAPP – submitted to                                                                                                          Olympic Park with investors,           they need to live, work, learn and
                                         commercial development; visitor,
Resource NSW in February 2003 –                                                                                                             developers, contractors and users.     play at Sydney Olympic Park; that
                                         educational and business
establishes operational strategies                                                                                                                                                 people can easily travel to and from
                                         development programs; and                                                                          The Property team has extensive
that will: minimise the generation                                                                                                                                                 the place; and that Sydney Olympic
                                         residential, workforce and visiting                                                                property development and
of waste; require separation of                                                                                                                                                    Park, whilst establishing its own
                                         populations. Key outcome areas that                                                                construction industry knowledge
wastes generated by all activities for                                                                                                                                             identity, is an integral part of the
                                         are proposed for the Social Plan                                                                   and is well versed in the corporate
re-use and recycling; and ensure the                                                                                                                                               regional community.
                                         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
Park are in the areas of construction    Manager, Environmental Policy
                                                                                                                                            standard of design and                 comfort from knowing that SOPA
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
                                         Property                                                                                                                                  town strategy.
                                                                                                                                            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

The first stage of development                                                    facilities such as a library,          Property must create new sport and       include: a Strength & Conditioning         commercial licence fees
                                          > 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             centre. SOPA expects the first         and present these facilities in a way    for testing athletes under different       505) and commercial rents
Master Plan was unveiled on 9 May
                                            and cafes.                            residents to move into their           that is consistent with the              environmental conditions; a                ($3,997,112)
2003, with The Hon Sandra Nori MP,
Minister for Tourism and Minister         Multiplex/Babcock & Brown are           apartments in late-2005.               benchmark design standards and           Biomechanical Laboratory and Video
                                                                                                                                                                                                           > license agreements valued at
for Sport and Recreation,                 the developers of Stage One’s three                                            values for which Sydney Olympic          Analysis; Biochemical and
                                                                                  The Stage One projects will put                                                                                            $185,000 allowed the Royal
announcing successful tenders for         20 storey residential towers and a                                             Park is recognised internationally.      Physiology labs; athlete career and
                                                                                  Sydney Olympic Park on track to                                                                                            Agricultural Society to use of
one residential and three                 six-storey residential podium                                                                                           education facilities; a Psychology
                                                                                  becoming one of the most coveted                                                                                           sections of the Olympic
commercial developments on
                                                                                                                         Sports House                             area and Coaches area; a specialist
                                          building (representing a total of 736   places in Sydney to live,work, play                                                                                        Boulevard, Australia Avenue, The
approximately 2.5 hectares of land        dwellings and 1,350m2 of ground-                                               An exciting development                  medical centre; Australian Sports
                                                                                  and learn.                                                                                                                 Overflow, the Horse Exercise Trail
at Sydney Olympic Park.                   floor retail and commercial space)                                             opportunity being pursued at             Drug Agency; travel agent; and HR
                                                                                                                                                                                                             and the Exhibitor Parking Area for
                                                                                  The sale and development of land       Sydney Olympic Park is Sports            consultancy.
                                          on Site 3 at the northern end of                                                                                                                                   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                                                                                             Athletic Centres, and with the
                                                                                                                         expressions of interest from             negotiate and service a broad range
benefits for the people of New            Charter Hall Holdings Pty Ltd/AMP       development over the next ten years.                                                                                       State Sports Centre Trust for the
                                                                                                                         financier/constructor consortiums        of leases, licences and other
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                                             House on the corner of Olympic           Significant achievements were:
This Stage One development                                                        such as: strategic public / private                                                                                        3,000 clients per week, with
                                          Walter Construction Group and the                                              Boulevard and Sarah Durack Avenue
initiative means that Sydney                                                      sector alliances, innovative                                                                                               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                                                                                          capacity
                                                                                                                         The proposal for Sports House is to        management recommended an
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.                                                            Resources) concluded “there is no
                                                                                                                                                                  > 921,712 vehicles were parked on
                                                                                                                                                                    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
                                                                                                                                                                                                             availability of AM transmission
                                                                                                                                                                    familiarisation
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                                            Memories – ‘poles’, videos,            on the second anniversary of the
                                                                                                                           The installation of new moving
     and provide additional parklands        replacement/renewal,                  the people of Sydney. All elements                                             photographs, graphics and sound        2000 Olympic Games Opening.
                                                                                                                           stand technology on the east and
     for research and public use             horticultural and landscape           of this work, listed below, cost                                               effects – is a permanent recognition   The main installation is on the
                                                                                                                           west lower seating tiers allows the
                                             works, operation and cleaning of      approximate $80 million and will be                                            of athletes, volunteers, audiences     Stadium Forecourt. Two satellite
> finalisation of the lease with                                                                                           stadium to host a wider range of
                                             SOPA’s built and natural assets.      completed for the 2003 Rugby                                                   and visitors to Sydney Olympic Park    installations are located at the
     Tennis NSW.                                                                                                           events and will help to make the
                                                                                   World Cup:                                                                     of those "best ever" Sydney 2000       Sydney Aquatic Centre and at
                                           During 2002-03, the Property team                                               stadium more profitable. These
Asset Management                                                                                                                                                  Olympic Games and Paralympic           the Sydney SuperDome.
                                           completed a $26 million capital         > demolition of the temporary           events – including both rectangular
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
maintenance of the physical assets         the Town Centre and alterations to                                              union, AFL, cricket, concerts,
                                                                                     running track
that make up the roads, carparks,          the Telstra Stadium’s seating and                                               speedway and extreme games.
utility services, infrastructure, public   roof, a widely recognised achievement   > moving the lower seating bowl
                                                                                                                           Major events held in Telstra Stadium
areas, Parklands and the Town              that met budget targets.                  closer to the field
                                                                                                                           during 2002-03 included the
Centre of Sydney Olympic Park.                                                     > construction of north and south       Bledisloe Cup, the Australia v Wales
                                           Telstra Stadium development –
Achievements related to creation of                                                  end facades and roofs                 Rugby Union Test, various National
                                           an Olympic legacy
Sydney Olympic Park’s assets in                                                    > new Level 3 north seating tier
                                                                                                                           Rugby League games including the
                                           Stadium Australia was renamed                                                   Grand Final, two double headers, a
2002-03 include:
                                           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
> development of performance-
                                           confirm the stadium's new identity.                                             cricket game at Telstra Stadium, an
     based standards for the Parklands     The Telstra naming rights               Close cooperation between SOPA,
                                                                                                                           ING Cup match between NSW and
     and incorporation of these            agreement runs until the end of         the Stadium Australia Group and
                                                                                                                           South Australia, was played on 16
     standards into a major landscape      2009, with a number of options for      the builder Multiplex Constructions,
                                                                                                                           February 2003.
     contract                              further extensions.                     has allowed post Olympic
                                                                                   reconstruction to be carried out        LEFT
> finalisation of asset management
                                           Telstra Stadium is situated on SOPA
                                                                                   whilst continuing to operate the        Warwick Proctor
     plans for all SOPA’s assets           land and is owned and operated by                                               Director, Major Assets Management
                                                                                   stadium for events. Telstra Stadium
                                           the Stadium Australia Group                                                     Property
> incorporation of regular                                                         now provides a more comfortable,
                                           (comprising Stadium Australia Trust                                             RIGHT
     performance assessment into                                                   intimate and exciting experience for    Cheryl Wilson
                                           and Stadium Australia
                                                                                   spectators. The majority of seats are   Administrative Assistant
     SOPA’s Cleaning and Waste             Management) under a long term                                                   Property
     contract                                                                      closer to the action and protected
                                           agreement with SOPA. The stadium
                                                                                   by the number of seats under cover
> major refurbishment of the               will revert to the Government when
                                                                                   has been increased due to the
     moveable floor in the Aquatic         the agreement expires in 2031.
                                                                                   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 Sydney Swifts 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                                                  initiatives will see the introduction
The Business Development                                                                                                                                        inaugural game attracting 9,500
                                      activities) – are the first steps in     National Rugby League                    of street sports and extreme sports
functional area became operational                                                                                                                              people (more than double the usual
                                      creating an integrated sports            SOPA has established Sydney              to Sydney Olympic Park.
in November 2002, giving the new                                                                                                                                home crowd). The final against the
                                      industry model that is unique in the     Olympic Park as the home for
team eight months to achieve                                                                                                                                    Melbourne Phoenix attracted 10,500
                                      world for sport and sports precincts.    National Rugby League referee training   Olympians Dinner
exceptional results for 2002-03.                                                                                                                                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
been to develop SOPA's business       (One Basketball) relocated its           Athletics                                Olympians Club. Over 200 former         Sydney Olympic Park hosted the
objectives in Sport and Education.    administrative headquarters to           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
A Sports Town                         2003. The Federation is now a            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 position Sydney Olympic Park as                                                                                                                              to secure the rights to host the
                                      the heart of Sydney Olympic Park’s       Sydney Olympic Park.                     Netball
Australia’s premier sports                                                                                                                                      2003 BDO Women’s Champions
                                      urban core, and is working with                                                   SOPA has entered into a three-year
destination, Business Development                                                                                                                               Trophy to be held in November at
                                      SOPA to build the presence of            Fun Run Events                           partnership with Netball NSW and
will optimise use of existing                                                                                                                                   Sydney Olympic Park.
                                      basketball at Sydney Olympic Park                                                 the Sydney Swifts whereby Sydney
facilities and develop strategic                                               Sydney Olympic Park will host the
                                      by attracting international, national                                             Olympic Park will be the home for       Mark Stewart
partnerships with organisations                                                Nike Women's Classic, pursuant to a
                                      and domestic competitions.                                                                                                Executive Director
that can deliver new events and                                                three-year agreement and the finish      training and competition matches        Business Development
                                      For the example, SOPA secured                                                     for the Sydney Swifts.
offer an enhanced range of sport                                               of the Sydney Marathon.
                                      rights for the Sydney Flames to play
experiences at Sydney Olympic Park.   all 2003 home games at Sydney                                                     The partnership also provides for a
                                                                               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.
Olympic Park becomes a centre for      higher education, and vocational        SOPA for the Royal Easter Show         economic development strategy.         is located at Newington Armory,        The Program implements NSW
excellence in education and training   education and training. Strong links    2003, consultation with all non-                                              making this one of Sydney's pre-       Board of Studies curriculum across
– are founded on our belief that       will be forged with the broader         venue employers to identify training   An Intelligent Community               eminent educational, recreational      three Key Learning Areas (Human
student life and learning processes    community through a base of             needs, and development of an eco-      As well as developing business         and cultural destinations. While the   Society and its Environment (HSIE),
are essential to the fabric of a       school excursion and curriculum-        tour program. The purpose of the       relationships that enhance Sydney      Parklands education program            Technology and Applied Studies
vibrant and diverse community.         based programs, as well as in           eco-tours was to provide               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.                                           the Royal Easter Show 2003.                                                   in close partnership with the NSW
                                       between SOPA and TAFE NSW was                                                  the enhancement of both competitive                                           Questacon
                                                                                                                                                             Department of Education (DET),
                                       signed on 15 January 2003 to enable                                            advantage and the quality of life of
                                                                               Education programs                                                            Metropolitan Catholic Education        SOPA is working with Questacon,
                                       the development of a range of                                                  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 Canberra, 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                                                     The first ever Sydney Dreaming
                                                                               SOPA asked each Sydney Olympic                                                  The World Trade Organisation (WTO)
providing visitor programs and          Olympic Park food experience’; work                                             festival was held at Lake Belvedere
                                                                               Park venue to participate in Alive! to                                          held a Ministers' Informal Meeting
services; protecting environmental      with developers to increase leisure,                                            in Bicentennial Park during 16 & 17
                                                                               promote the unique qualities of the                                             at the Novotel at Sydney Olympic
quality; managing public safety and     entertainment and retail facilities;                                            November 2002 to provide the
                                                                               precinct and to provide visitors with                                           Park on 15 November 2002, following
people movement; preserving asset       regularly host major events and                                                 Sydney community with insight into
                                                                               high level experiences that would                                               its decision three weeks earlier to
functionality; and delivering public    develop leisure and entertainment                                               the meaning of indigenous
                                                                               positively influence repeat usage.                                              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                                                                                          Sydney Dreaming – directed by
                                        and performances in the Parklands      public benefit of Government                                                    The decision to hold the Meeting at
contribute to the achievement of                                                                                        Rhoda Roberts and produced by the
                                        to establish the Armory as an          investment in Sydney Olympic Park                                               Sydney Olympic Park was made only
SOPA’s corporate objectives, and also                                                                                   Public Events Group – built on the
                                        exciting destination.                  and paid tribute to the 2000                                                    three weeks prior to the event, and
support other areas of SOPA through                                                                                     successes of the 1997 Olympic Arts
                                                                               Olympics by: celebrating the finish                                             security was extremely high. In
the development of business and         Major 2002-03 events at Sydney                                                  Festival, Festival of the Dreaming
                                                                               of the 2002 Sydney Marathon; NSW                                                anticipation of at least 8,000
placemaking initiatives.                Olympic Park included Sydney                                                    and Awakening segment of
                                                                               Swimming Association Open Short                                                 protesters, NSW Police imposed a
                                        Olympic Park Alive!, Sydney                                                     Sydney 2000.
In its place-management role, SOPA                                             Course Championships; the launch                                                three-day lock down of the precinct.
                                        Dreaming, the WTO Ministers’
places particular emphasis on                                                  of Games Memories by the Premier         5,000 people attended Sydney           On the day, less than 1,000
                                        Informal Meeting and Royal Sydney
existing and established elements                                              attended by 2000 volunteers; and         Dreaming events, including             protesters attended the Meeting
                                        Easter Show.
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        cleansing ceremony, and weekend
                                        Sydney Olympic Park Alive!                                                                                             Prior to the lock-down, NSW
world-class experience in both the                                             Tillers in the Overflow Park and         cultural workshops for adults
                                        On 15 September 2002 – the second                                                                                      Police and SOPA fully briefed
Parklands and the Town Centre.                                                 Olympic Athlete at the Sydney            and children.
                                        anniversary of the 2000 Olympics –                                                                                     stakeholders and made
                                                                               Athletic Centre, a gift from AMP.
                                        SOPA staged the Sydney Olympic                                                  The Bicentennial Park setting          alternative transport, parking
An Events Town and                                                             Many Olympic legends attended
                                        Park Alive! festival, a new annual                                              highlighted the cultural,              and delivery arrangements for
Arts Community                                                                 these events and a strong
                                        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          Olympian Club.                           significance of Sydney Olympic Park,
lively regional centre for arts,                                                                                                                               John Ferguson
                                        ever” Games and fully expresses the                                             with free entry to Garrabadu to        Director, Events & Operational Support
culture, food and entertainment.                                               In addition to these Olympic                                                    Place Management
                                        vitality of Sydney Olympic Park’s                                               ensure maximum media exposure
                                        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
development and promotion of         inform development of Sydney                                                   Roads and Traffic Authority to         2002 recommended an upgrade of          appointment of a Business
                                                                              > patronage of the Aquatic
Sydney Olympic Park is determined    Olympic Park's new brand strategy.                                             change Sydney road signs to reflect    Visitor Information Centres. The        Development Manager, Business
                                                                                Centre is growing
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                                                                                      the Sydney Olympic Park Business
Corporate Communications             Sydney Olympic Park brand and                                                  Park”. Signs directing traffic to      to a site next to Olympic Station.
                                                                                Olympic Park have greatest                                                                                         Association – has streamlined the
functional area.                     identifies brand values and attributes                                         Sydney Olympic Park no longer read     Work will be completed on the new
                                                                                leverage within the local                                                                                          enquiry and sales process for both
                                     that will inform new product                                                   “Homebush Bay”. Key wayfinding         Visitor Gateway Centre in September
The Marketing and Corporate                                                     community                                                                                                          clients and venues.
                                     development, communications and                                                signs within Sydney Olympic Park       2003. It will provide visitors to
Communications team worked with
                                     potential partnerships. The strategy     > perceptions of Sydney Olympic       have also been upgraded.               Sydney Olympic Park with                2002-03 delivered record business
all key Sydney Olympic Park venues
                                     identifies major consumer touch            Park have improved within the                                              information on the entire Sydney        event bookings with an increase in
and stakeholders to develop and
                                     points, including customer service,        Outer Local Community and           Website                                region and help them choose             37% over the previous financial year
manage the strategic direction and
                                     signage, naming and brochures.             Greater Sydney.                     A review and restructure of the        between venues, events and              in the number of business events
implementation of SOPA’s marketing
                                                                                                                    Sydney Olympic Park website was        activities at Sydney Olympic Park.      held, with some venues almost
and corporate communications.        SOPA worked with key stakeholders
                                                                              Site-wide stakeholders                completed to include a functionality                                           doubling their business in the Day
                                     to gain their support in promoting
Major initiatives and achievements                                            SOPA worked with Sydney Olympic       and content upgrade, redesigned look   Major Event Development                 Meetings and Conference market.
                                     the new Sydney Olympic Park brand.
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
                                     were redesigned and work has             stakeholders to develop an                                                   Sydney Olympic Park was developed
                                                                                                                    Sponsorship strategy                                                           strategically with Government and
                                     commenced on progressively               overarching communications and                                               in October 2002. Major venues
                                                                                                                                                                                                   industry to build recognition as the
                                     enhancing signage and other visitor      marketing strategy that will grow     To assist development of new           hosted 130 major or significant
                                                                                                                                                                                                   major business event and exhibition
                                     support communications.                  visitation to Sydney Olympic Park     sponsor partnerships that enable       events at Sydney Olympic Park
                                                                                                                                                                                                   precinct outside Darling Harbour
                                                                              and increase the patronage of major   SOPA to share and promote the          during 2002-03. Each event
                                     As part of SOPA’s annual consumer                                                                                                                             and the CBD.
                                                                              venues. The strategy was              assets of Sydney Olympic Park with     attracted more than 5,000 people –
                                     research, the benchmark study in         implemented by four sub-              all stakeholders, SOPA contracted      totalling 2.4 million for the year.
                                     June 2003 indicated:
                                                                                                                                                                                                   Growing Leisure Tourism
                                                                              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
                                       RIGHT                                                                        from a commercial agreement, SOPA
                                                                                                                                                           market was undertaken in
                                       Geoff Buckley                                                                anticipates building long-term,
                                       Executive Director                                                                                                  November 2002, resulting in the
                                       Marketing & Corporate Communications
                                                                                                                    integrated alliances that
                                                                                                                                                           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 highest standards of corporate        The major strength of Corporate          addressed                              protection, records and information
                                                                                                                                                                  Our most exciting challenge during
governance are applied across the         Services is the experience of a small,                                          management, goods and services
                                                                                   > implementation of revised                                                    2002-03 was to support SOPA in
management of SOPA’s business.            multi-skilled team of professionals                                             procurement, safety management,
                                                                                   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       > development of a framework for
goals. The Corporate Services team                                                                                        Tickets, and Financial Assistance for   exercises a key role in the
                                          management practices; coordinate         the implementation of salary
also develops and maintains the                                                                                           Tertiary Study                          development of an organisational
                                          the management of all statutory          packaging for all staff within the
internal management systems and                                                                                                                                   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
The Corporate Services functional         SOPA’s Information Technology and                                               demands of the Show period and          Executive Director
                                                                                   2003-04)
                                          Telecommunications Strategy; and                                                ensure all SOPA staff were              Corporate Services
area is made up of six business
units: Executive Services, Corporate      manage corporate information.            > development of a policy              appropriately compensated
Governance Coordination, Personnel                                                 framework for the operation of
                                          During 2002-03 Corporate Services’                                              > work with the Central Corporate
Services, Administrative Services,                                                 Sydney Olympic Park Business
                                          achievements included:                                                          Services Unit (CCSU) within the
Information Technology and                                                         Association Rewards Program for
                                                                                                                          NSW Department of Commerce to
Telecommunications Strategy and           > coordination of the recruitment        SOPA staff
                                                                                                                          introduce electronic employee self-
Services and Records and Corporate        of 4 Executive Directors and 15 senior
                                                                                                                          service (ESS) in September 2002. The
Information Services. In contributing     staff to key positions across SOPA.
                                                                                                                          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           From 1 June to 1 July 2003, Financial    Aquatic Centre and State Sports           incorporates SOPA's OHS Policy
area is responsible for the effective
                                        accounting, business systems,             Services upgraded the SAP Financial      Centre in the 2003-04 financial year.
management of SOPA's finances                                                                                                                                      > procedure for reporting and
                                        accounts payable, accounts                Management System from version
and risks through effective and                                                                                            Offsetting these increased costs are      responding to incidents and
                                        receivable, risk management,              3.1H to 4.6C. The upgrade was
innovative financial systems,                                                                                              a growing income stream generated         other issues
                                        insurance and asset accounting.           necessary to ensure future support
financial advice, financial planning                                                                                       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                                             The major risk-related Corporate
                                                                                                                           over the five-year planning period.
                                        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                 > development and
                                        the commercial side of SOPA's             evidenced by a follow up review
                                                                                                                           performance and sustainability.           implementation of:
                                        business, assessing business and          from our internal auditors, Deloittes.
                                        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                                                    strategies
                                                                                                                           conducted for Executive Directors to
                                                                                  and annual expenditure of                identify the major risks that could
                                        Principles of financial                                                                                                    • a framework for review and
                                                                                  approximately $60 million – of           impact negatively on SOPA’s 2003-
                                        management                                                                                                                   monitoring of action plans related
                                                                                  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                                                         ensure that risk mitigation
                                                                                  SOPA will continue to rely heavily on                                              Training Program
                                        financial principles that will guide                                               strategies were appropriately
                                                                                  recurrent funding from the NSW
                                        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         During the year, the following
                                        for SOPA to retain proceeds from
                                                                                  service obligations in 2003-04 will      Policies and Procedures were             LEFT
                                        land sales to fund income-                                                                                                  Andrew Rennie
                                                                                  include an outlay of $5 million on       developed to assist the
                                        producing capital expenditure                                                                                               Risk Manager
                                                                                  improvements to the Parklands,           management of risk:                      Financial Services
                                        within Sydney Olympic Park.
                                                                                  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,
                                                                                                          the statement of cash flows and the accompanying notes.
              Authority’s financial position as at 30 June 2003 and transactions for the year
                                                                                                          The Auditor’s Role and the Audit Scope
              then ended.
                                                                                                          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
                                                                                                          Parliament that the financial report is free of material misstatement.
              Public Finance and Audit Act 1983, the Public Finance and Audit (General)
                                                                                                          My audit accorded with Australian Auditing and Assurance Standards and statutory requirements, and I:
              Regulation 2000, the Treasurer’s Direction and the directives of the Financial
                                                                                                          •     evaluated the accounting policies and significant accounting estimates used by the Board in
              Reporting Code.                                                                                   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:
                                                                                                          • about the future viability of the Authority,
      D Richmond AO                                                             B Newman
                                                                                                          • that the Authority has carried out its effectiveness effectively, efficiently and economically, or
      Chairman                                                                  Chief Executive Officer
                                                                                                          • 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


                                                        Notes   Actual       Budget       Actual                                                            Notes     Actual     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 Liabilities                                          23,695       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 Contributions                                  70,445         54,254     43,240    Provisions                                                16        4,410        2,918        2,918
                                                                                                    Total Non-Current Liabilities                                       4,410        2,918        2,918

SURPLUS /(DEFICIT) FOR THE YEAR                           18    (14,953)       61,057     14,018    Total Liabilities                                                  28,105      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
                                                        Notes     Actual     Budget     Actual                                               nearest one thousand dollars and are
                                                                   2003       2003      2002          ACCOUNTNG POLICIES                     expressed in Australian currency.
                                                                                                                                                                                         Interest revenue is recognised as it
                                                                  $'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     right to receive, it is probable that the   annual leave are recognised and
Other                                                           (54,916)    (53,529)   (35,891)    Accounts.                                 economic benefits will flow to the          measured in respect of employees’
Total Payments                                                  (74,227)    (71,401)   (48,870)                                              agency, and the amount of revenue           services up to the reporting date at
                                                                                                   (b) Basis of Accounting
                                                                                                                                             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
GST Received from the ATO                                         9,092            -      1,585      Standards                               (i) Parliamentary Appropriations and
                                                                                                                                                                                         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.
Total Receipts                                                   40,672      26,041      16,051      of the Australian Accounting            Parliamentary appropriations and
                                                                                                                                                                                         The outstanding amounts of payroll
                                                                                                     Standards (AASB)                        contributions from other bodies
                                                                                                                                                                                         tax, workers’ compensation insurance
                                                                                                                                             (including grants and donations) are
                                                                                                   • Urgent Issues Group (UIG)                                                           premiums and fringe benefits tax,
Cash Flows From Government                                                                                                                   generally recognised as revenues
                                                                                                     Consensus Views                                                                     which are consequential to
Recurrent appropriation                                   6      40,919      40,922     34,730                                               when the agency obtains controls
                                                                                                                                                                                         employment, are recognised as
                                                                                                   • the requirements of the Public          over the assets comprising the
Capital appropriation                                     6       27,877      27,877     6,856                                                                                           liabilities and expensed where the
                                                                                                     Finance and Audit Act and               appropriations/contributions. Control
Asset sale proceeds transferred to the Crown Entity                     -   (16,013)           -                                                                                         employee entitlements to which they
                                                                                                     Regulations' and                        over appropriations and contributions
                                                                                                                                                                                         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                                                                                                         spend the money lapses and                  assumed by the Crown Entity. The
                                                                                                     section 9(2)(n) of the Act.
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
Advances made                                                     (1,479)    (1,500)   (11,044)    authoritative pronouncements of the                                                   and Other Liabilities”.
                                                                                                                                             (ii) Sale of Goods and Services
NET CASH FLOWS FROM INVESTING ACTIVITIES                        (28,425)    (22,829)    (31,745)   AASB or UIG Consensus View, the                                                       Long service leave is measured on a
                                                                                                   hierarchy of other pronouncements         Revenue from the sale of goods and
                                                                                                                                                                                         present value basis. The short-hand
                                                                                                   as outlined in AAS 6 “Accounting          services comprises revenue from the
                                                                                                                                                                                         method is based on the remuneration
NET INCREASE/(DECREASE) IN CASH                                    7,508    (14,843)   (22,501)    Policies” is considered.                  provision of products or services i.e.
                                                                                                                                                                                         rates at year end for all employees
                                                                                                                                             user charges. User charges are
Opening cash and cash equivalents                                20,359      20,359            -   Except for certain investments, land                                                  with five or more years of service. It
                                                                                                                                             recognised as revenue when the
Cash transferred in (out) as a result of                                                           and buildings, plant and equipment,                                                   is considered that this measurement
                                                                                                                                             agency obtains control of the assets
administrative restructuring                              18       5,596           -    42,860     and infrastructure systems, which are                                                 technique produces results not
                                                                                                                                             that result from them.
                                                                                                   recorded at valuation, the financial                                                  materially different from the estimate
CLOSING CASH AND CASH EQUIVALENTS                         9      33,463        5,516    20,359                                                                                           determined by using the present
                                                                                                   statements are prepared in
                                                                                                   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          consideration plus the costs                                                        they are debited directly to the asset      depreciated.
                                                                                     Each class of physical non-current                                                                                               For non-current “other financial
employees’ salaries. For other             incidental to the acquisition.                                                      revaluation reserve.
                                                                                     assets is revalued every five years and                                               (m) Leased Assets                          assets”, revaluation increments and
superannuation schemes (ie State
                                           Assets acquired at no cost, or for        with sufficient regularity to ensure      Revaluation increments and                                                             decrements are recognised in the
Superannuation Scheme and State                                                                                                                                            A distinction is made between
                                           nominal consideration, are initially      that the carrying amount of each          decrements are offset against one                                                      same manner as physical non-current
Authorities Superannuation Scheme),                                                                                                                                        finance leases which effectively
                                           recognised as assets and revenues         asset in the class does not differ        another within a class of non-current                                                  assets. Refer Note 1(j).
the expense is calculated as a                                                                                                                                             transfer from the lessor to the lessee
                                           at their fair value at the date of        materially from its fair value at         assets, but not otherwise.
multiple of the employees’                                                                                                                                                 substantially all the risks and benefits   (r) Major Repairs Funds
                                           acquisition (see also assets              reporting date.
superannuation contributions.                                                                                                  Where an asset that has previously          incidental to ownership of the leased
                                           transferred as a result of an                                                                                                                                              Under the terms of the lease
                                                                                     Non-specialised assets with short         been revalued is disposed of, any           assets, and operating leases under
(f) Insurance                              administrative restructure.                                                                                                                                                between the Authority and the Royal
                                                                                     useful lives are measured at              balance remaining in the asset              which the lessor effectively retains all
The Authority’s insurance activities       Refer Note 1(t).                                                                                                                                                           Agricultural Society of New South
                                                                                     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          by reference to current prices for        (k) Depreciation of Non-Current             Performance in the periods in which        repairs to be undertaken for the
agencies. The expense (premium) is
                                           buyer and a knowledgeable, willing        assets newer than those being                 Physical Assets                         they are incurred.                         purposes of preserving and
determined by the Fund Manager
                                           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,      ( j) Revaluation of Physical                                                                                                                                               Other assets including prepayments
                                                                                     Otherwise, any balances of                to the Authority.                           Receivables are recognised and
the TMF is unable to provide                    Non-Current Assets                                                                                                                                                    are recognised on a cost basis.
                                                                                     accumulated depreciation existing at                                                  carried at cost based on the original
protection.                                                                                                                    All material separately identifiable
                                           Physical non-current assets are           the revaluation date in respect of                                                    invoice amount less a provision for
                                                                                                                               component assets are recognised and
(g) Accounting for the Goods and           valued in accordance with the             those assets are credited to the asset                                                any uncollectible debts. An estimate
                                                                                                                               depreciated over their shorter useful
    Services Tax (GST)                     “Guidelines for the Valuation of          accounts to which they relate. The net                                                for doubtful debts is made when
                                                                                                                               lives, including those components
Revenues, expenses and assets are          Physical Non-Current Assets at Fair       asset accounts are then increased or                                                  collection of the full amount is no
                                                                                                                               that in effect represent major
recognised net of the amount of GST,       Value” (TPP 03-02). This policy adopts    decreased by the revaluation                                                          longer probable. Bad debts are
                                                                                                                               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.
• the amount of GST incurred by the                                                  Revaluation increments are credited                                                   (o) Inventories
                                           on or after 1 July 2002. There is no
  Authority as a purchaser that is not                                               directly to the asset revaluation         Depreciation rates for these asset          Inventories are stated at the lower of
                                           substantive difference between the
  recoverable from the Australian                                                    reserve, except that, to the extent       categories are as follows:                  cost and net realisable value. The cost
                                           fair value valuation methodology and
  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                                                     • Computer Equipment
                                                                                     surplus / deficit, the increment is
  with the amount of GST included.         highest and best use of the asset on                                                  25% per annum                             (p) Investments
                                                                                     recognised immediately as revenue in
                                           the basis of current market selling       the surplus / deficit.                                                                The Authority’s marketable deposits
                                                                                                                               • 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
                                                                                                                                                                                         Notes    2003      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
01/11 and are recognised as an            The budgeted amounts are drawn            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                                                                                                      (b) Other operating expenses
                                          The budgeted amounts in the               that time will be equal to its written
administrative restructure between                                                                                                 Auditors’ remuneration
                                          Statement of Financial Performance        down replacement cost.
government departments are
                                          and the Statement of Cash Flows are                                                         - audit or review of the financial reports                    64            58
recognised at the amount at which                                                   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
In most instances this will               Statement of Financial Position, the      these venues will revert to the
                                          amounts vary from the Budget                                                                - minimum lease payments                                    1,596        1,412
approximate fair value. All other                                                   Authority on the expiry of the lease
                                          Papers, as the opening balances of                                                       Increase in provision for doubtful debts
equity transfers are recognised                                                     terms in 2031.
at fair value.                            the budgeted amounts are based on                                                           - Receivables                                               1,629       13,305
                                          carried forward actual amounts ie per     SOPA’s emerging share of the
                                                                                                                                      - Financial Assets                                          2,639             -
                                          the audited financial statements          reversionary interest in the Olympic
                                                                                    Stadium and Sydney SuperDome is                Bad Debts                                                           30           -
                                          (rather than carried forward
                                          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

                                                                                Notes         2003         2002                                                                                                  Notes          2003          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

                                                                                      Notes          2003             2002                                                                 Notes     2003     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
                                                                                                                                                                                                         0            0




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

                                                                                                      2003      2002                                                             Notes    2003     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             -
                                                      Buildings     Equipment    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 Funds                           Total Equity                                                                                                    Notes          2003          2002
18. CHANGES IN EQUITY
                                                                        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 Centennial Park 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 Sports       Total
                                                                                                                 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:                                     22. RECONCILIATION OF CASH FLOWS FROM OPERATING
                                           • the transfer in from Olympic
arrangements involving possible                                                                                                        ACTIVITIES TO NET COST OF SERVICES.
                                             Coordination Authority receivables of     • revised accounting treatment on the
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                                                                                                    Adjustment for Cash Flows from Government/ Appropriations
                                                                                         cash flows from Government. The
estimated at $0.8 million. This amount     • increase in cash of $27.9 million                                                        Recurrent Appropriation                                                         (40,919)    (34,730)
                                                                                         treatment of the sale has now been
includes asset replacement and               attributable to increased accruals of
                                                                                         included as a receivable,                    Capital Appropriation                                                           (27,877)     (6,856)
maintenance works required to be             $17.2 million,
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        Adjustment for non-cash items
                                             on the Stadium and Superdome of
                                                                                         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,                                                                              Crown Liabilities                                                                 (958)       (1,177)
                                                                                         ATO relating to previous year and
Superdome only in the event of a
                                           • a decrease in property plant and            increased capital expenditure and            Provision for Advances made                                                       2,639     (11,044)
natural disaster or a breach of contract
                                             equipment of $110.5 million from the                                                     Value of Emerging Interest of Private Sector Provided Infrastructure             22,023      62,495
by the Authority. In the event of a                                                    • an increase in revenue of $3.4 million
                                             increase in depreciation, the
natural disaster the Authority would                                                     from sale of commercial properties           Interest – Receivable on sale of land                                             2,983              -
                                             contribution to Sydney Water, the
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                                                   Provision for doubtful debts                                                      1,660              -
less any insurance recoveries by these
                                             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                                                                                                  Net loss / (gain) on sale of plant & equipment                                     (462)             -
                                             assets. The budget also provided for
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                                                                                                                  Increase/(Decrease) in Receivables                                               (6,535)       9,152
                                             adjustment in the previous years
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                                                              Decrease/(Increase) in Payables                                                       111    (6,581)
The material variances are:
                                           • the increase in inventories of $13.9                                                     Decrease/(Increase) in Employee Provisions                                         (277)            48
• an increase in depreciation of
                                             million attributable to a $10.8 million                                                  Decrease/(Increase) in Other Current Liabilities                                 (2,196)     (5,806)
  $17.7 million (non-cash),
                                             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.
                                        approximately 80,000 seats plus         Gabrielle Kibble, Chair
fees for consultants and printing)
                                        roofing of northern and southern        Chris Christodolou                Jean Halcrow, Chair
incurred in the production of the
                                        stands. (Value $15.2M).                 Herb Elliott                      Ann Gibson
report are $43,373. The report is
                                                                                                                  Glenn Redmayne
available in a non-printed format
                                        Property Development                   Planning and Development           Dawn Linklater
and may be accessed on the Sydney
                                        Design documentation and               Committee                          Luisa Ferronato
Olympic Park Authority website at
                                        tendering of major new commercial      Reviewed and evaluated             Therese Sands
www.sydneyolympicpark.nsw.gov.au
                                        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          Robert Leece
Sydney Olympic Park Authority                                                                                    Provides independant conceptual
                                        New vehicular directional signage       Gabrielle Kibble                 and strategic advice to the Board
(SOPA) aims for consistent
                                        to Sydney Olympic Park across           Penelope Figgis                  and assisted SOPA to achieve its
excellence in the provision of
                                        Sydney’s urban road network plus        Brian Newman                     business objectives for education.
information and customer services,
                                        improved signage within the Park.
based on integrity, professionalism,
                                        (Value $1.8M).                         Parklands Advisory Committee       Mr Warren Grimshaw (Chair)
respect, timeliness and openness.
                                                                               Made recommendations to            Mr David Mazitelli
                                        Attractions and Infrastructure                                            Ms kate Gunn
                                                                               the Board regarding care and
                                        Completion of the Games Memories                                          Dr Graeme Watts
Land Disposal                                                                  management of the
                                        Poles project, commencement of                                            Professor Roger Holmes
                                                                               Millennium Parklands.
                                        new Visitor Gateway and                                                   Mary Lynne Pidcock
SOPA entered into agreements for
                                        connection of recycled water to new     Penelope Figgis, Chair
the sale of development sites 3 and
                                        developments. (Value $2.0M).            David Richmond                   Design Review Panel
5, 6, 7 as identified in the Sydney
                                                                                Brian Newman                     Provides an independent review of
Olympic Park Masterplan. Once           Parklands                               Catherin Bull                    design proposals and the design
certain precommitments and              Initial works of a five-year program    Brian Gilligan                   process to achieve a cohesive, safe
presales are achieved for these         required to give effect to the          Ian Lowe                         and legible public area.
sites, the private sector will          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                                               Peter Duncan
                                        Asset Replacement/Renewal
$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.
Wildlife Service (NPWS) under the       Act) since 1999 for on-site            security cameras have been                                                                                              The major factor for this increase
                                                                                                                      As part of SOPA’s commitment             c) Evaluate the potential for the
Threatened Species Act 1995 for the     treatment of approximately 400         installed within parkland areas.                                                                                        was the conversion in August 2002
                                                                                                                      towards sustainability, Asset               tender of electricity supply to
management of the Green and             tonnes of soil containing scheduled                                                                                                                            of several SOPA energy accounts to
                                                                                                                      Management Services has                     achieve the best market offer in
Golden Bell Frog (Litoria aurea).       chemical waste. The scheduled          Complaints                                                                                                              contestable rates.
                                                                                                                      established and continues to                terms of price, value-added
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
                                                                               • SOPA received two complaints         sustainability strategy and, during         percentage of renewable energy       approximately 1,873 tonnes of
Wetlands, which forms part of the       Study: Scheduled Chemical waste).
                                                                                 regarding odours emanating           the last twelve months, has                 being used should be considered      carbon dioxide from being released
Green and Golden Bell Frog habitat      No instances of non-compliance                                                achieved significant improvements           at the same time.
                                                                                 from the mangrove forest and                                                                                          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                                                     This database will improve the       Development Authority (SEDA)
                                        Environmental damage                                                          • due diligence in invoice handling
                                                                                 caused by elevated nutrient levels                                               reporting response that can be       estimates of 4.5 tonnes per vehicle
NSW Fisheries                                                                                                         • relationships with suppliers
                                        in the Parklands                         and high ambient temperatures.                                                   provided to SOPA and the internal    per annum, the carbon dioxide
SOPA currently holds three NSW                                                   SOPA is investigating potential      • water and energy reporting
                                        • On 12 December 2002, a large                                                                                            financial management capability.     saving at Sydney Olympic Park
Fisheries permits, which allows the                                              long-term solutions to prevent the     capabilities
                                          number of dead fish were found in                                                                                                                            equates to approximately 415
removal of some mangroves.                                                       occurrence of algal blooms.
                                          the Bird Refuge area of                                                     • financial management.                  Energy Management                       vehicles taken off Sydney’s roads
Mangrove removal has been
                                          Bicentennial Park. The EPA and                                                                                       SOPA currently maintains 79             for one year.
required during certain construction                                                                                  The successes of this policy have
                                          NSW Fisheries were advised and                                                                                       electricity accounts throughout
works and as a method for                                                                                             established a benchmark from
                                          investigations revealed that the                                                                                     Sydney Olympic Park. Of these, 30       Achievements and Opportunities
protecting saltmarsh.                                                                                                 which the water and energy
                                          fish kill occurred as a result of                                                                                    accounts supply facilities, 39
                                                                                                                      program may further develop and                                                  SOPA’s water and energy manage-
All licence conditions have been          decomposed organic matter,                                                                                           accounts supply street lighting and
                                                                                                                      attain new objectives. Major                                                     ment program continually
complied with during 2002-03.             which reduced oxygen levels in                                                                                       10 accounts supply power for
                                                                                                                      opportunities that have been                                                     undertakes new initiatives that will
                                          the water.                                                                                                           irrigation.
                                                                                                                      identified for the program to                                                    reduce energy consumption costs,
Environment Protection Authority
                                        • 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                                                                                                                             and improve the environmental
                                                                                                                      a) Review of the Sustainability          by SOPA in 2003-04 will be reduced
Environment Protection Licences           Common in the Parklands. SOPA                                                                                                                                performance of operations at
                                                                                                                         Strategy for Sydney Olympic Park.     to 76, as the result of P1 and P3
issued under the Protection of the        Rangers discovered a large                                                                                                                                   Sydney Olympic Park.
                                                                                                                         The 25% target for Green Power        carpark facilities assuming
Environment Operations Act 1997.          quantity of cement slurry that had
                                                                                                                         purchase is being met and the         responsibility for managing their       Types of projects undertaken range
These licences are for the operation      been illegally discharged. The EPA
                                                                                                                         opportunity exists to evaluate        own utilities and the planned           from direct assessment of energy
of the Water Reclamation and              investigated the incident but was
                                                                                                                         alternative renewable energy          termination of one communications       costs and installation of energy
Management Scheme (WRAMS) and             unable to identify the people
                                                                                                                         products as a replacement for the     account.                                efficient devices and smart
the Wilson Park bioremediation ponds.     responsible.
                                                                                                                         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
Retail Supply of Electricity (777) was   Australia to obtain the contract rate                                           Government Agencies to prepare a                       various areas requiring priority                           Advisory Committee
                                                                                 The central and northern water
                                         or a similarly competitive rate under                                           Disability Action Plan that meets                      actions. The following actions have
established in 1998 to assist the                                                features at Sydney Olympic Park                                                                                                                         • ongoing implementation of the
                                         a separate contract. Over the                                                   requirements of Section 9 of the                       been implemented to date:
NSW Government agencies to                                                       currently operate between 8:00am                                                                                                                          Human Resources Policy requiring
                                         medium term, it is recommended                                                  Disability Services Act 1993.
maximise the economic benefit                                                    and 8:00pm daily, except on major                                                              • completion of the Sydney Olympic                         the mainstreaming of employment
available due to the progressive         that SOPA investigate the benefits                                              A Disability Action Plan has therefore                   Park Access Guidelines                                   with people with disabilities
                                                                                 event days when their operating
deregulation of the electricity          available in tendering electricity                                              been prepared by SOPA’s Sustainability
                                                                                 hours are extended. It is possible to                                                          • completion of the Access Strategy                      • ongoing Access Audits and
                                         supply in the open market.                                                      Unit for period 2002 – 05. The
market.                                                                          reduce these operating times,                                                                    for the Parklands                                        Rectification Programs of the natural
                                                                                                                         Sustainability Unit will also coordinate
                                                                                 especially in winter. For example, it                                                          • completion of the 2002                                   and built environment.
SOPA currently has 28 accounts                                                                                           the Disability Action Plan’s promotion,
                                         Cogeneration Feasibility Study          is possible to save $215 per month      dissemination, evaluation, monitoring                    Shelter Study                                          Table 1: Percent of total staff by level
under 777, representing 77% of our
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
on the 777 contract include supply       Memorandum of Understanding             water feature by reducing its                                                                    Movement Strategy                                               employment basis
                                                                                                                         Within this Disability Action Plan are
to high and low consumption              with the Sustainable Energy             operating times by one hour per         Priority Areas for SOPA’s individual                   • commencement of a draft Policy
facilities, traffic lights and street    Development Authority (SEDA) to         day. This represents a saving of        functional areas, providing SOPA with                    for complaints procedures
lighting.                                evaluate cogeneration opportunities     approximately 2.25 tonnes of carbon     the opportunity to measure and                         • upgrading of the Achieving
                                         at the Sydney International Aquatic     dioxide each month.                     record achievements while
While 777 rates are highly                                                                                                                                                        Access website
                                         Centre. SEDA will fund a feasibility                                            demonstrating our ongoing
competitive, SOPA understands that                                               The results of our analysis of a                                                               • provision of Disability Awareness
                                         study that will examine existing                                                commitment to equity and access in
recent contract negotiations in the                                              range of energy-saving options are
                                         costs and energy consumption as
open market by other Government                                                  summarised below.
                                         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
These accounts are currently             a range of options that SOPA may
                                         evaluate according to cost savings,                                             Women                                                                                50%                                             47%            50%
ineligible for the 777 street lighting                                                                                   Aboriginal People and Torres Strait Islanders                                          2%                                             0%             0%
rate due to the presence of              environmental benefits and
                                         budgetary constraints. The                                                      People whose first language was not English                                          20%                                             10%             9%
metering and the use of the
sophisticated C-BUS control system       acquisition of a new cogeneration                                               People with a disability                                                              12%                                             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           $ 2,603.64               27                   6               People with a disability                                                              100                                             N/A            0
8am to 6pm daily                         $433.93           $ 5,207.16               54                   12              People with a disability requiring work 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         $ 13,939.20              135                  30              2. Excludes casual Staff
                                                                                                                         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
Sydney Olympic Park Aquatic Centre           by State and Federal Governments          stadiums, hosting a variety of codes                                                 programs                                    opportunity to provide feedback
                                                                                                                                • 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
Sydney Olympic Park Athletic Centre                                                                                               disability groups and representatives    • modifications were made to the
                                             sporting performance after the 1976       its business tourism activity in the                                                                                             including equity, career progression,
                                                                                                                                  on access issues                           work area and building amenities to
Sydney Olympic Park Sports Centre            Montreal Olympics.                        2002-03 financial year.                                                                                                          communication, etc
                                                                                                                                                                             assist a new staff member
(formerly the State Sports Centre)                                                                                              • provision of disability awareness
                                             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
Sydney Olympic Park Hockey Centre            transferred to SOPA in July 2001, and     sporting events and concerts, recently                                                                                           ensure that all staff are able to
                                                                                                                                  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
Sydney Olympic Park Sports Halls.                                                                                                                                            representation
                                             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
The NSW Government handed                                                                                                                                                                                             • review of Corporate policies to
                                             levels at Sydney Olympic Park and to      music awards.                                                                         approved, including part-time work
financial responsibility of the Aquatic                                                                                         • access guidelines covering future                                                     incorporate consideration of equity
                                             attract a wide range of events to the
Centre and Athletics Centre to SOPA                                                    Sydney International Tennis Centre         developments on site produced            • literature and posters were displayed      principles
                                             precinct, including state, national and
commencing 1 July 2003.                                                                hosts the Adidas International each                                                   to promote diversity, access and
                                             international sporting events,                                                     • SOPA worked closely with the                                                        • salary packaging for staff below
                                                                                       year, as the second largest tennis                                                    equity issues.
Sydney Olympic Park Aquatic Centre           business events, leisure events,                                                     Aboriginal Community to deliver                                                       SES/Senior officer level to be
                                                                                       tournament in Australia, and hosted
has been reconfigured to combine             exhibitions and concerts.                                                            Sydney Dreaming, an event held at        Initiatives for 2003-04 include:             introduced in a fair and equitable
                                                                                       the Davis Cup in 2003. The Tennis
sporting and leisure activities. It is the                                                                                        Sydney Olympic Park in November                                                       manner.
                                             Sydney Olympic Park Sports Centre is      Centre is also a venue for business                                                 • Equity considerations to be
most visited sporting facility in New                                                                                             2002 to celebrate indigenous culture
                                             the third largest arena of its kind in    and entertainment events.                                                             addressed in implementation of
South Wales – attracting one million                                                                                              and dance – with a similar event
                                             Sydney, supports 60 sports and can                                                                                              Performance Management,
visitors a year – and a national second                                                Sydney Showground is home to the           planned for December 2003
                                             seat 500 to 5000 people for business                                                                                            including investigation of options
to the Melbourne Cricket Ground. The                                                   Sydney Royal Easter Show, the largest
                                             events, sporting events, exhibitions                                               • SOPA commissioned an Aboriginal            for the recognition and reward of
Centre will host the 2004 and 2005                                                     event in the southern hemisphere,
                                             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
athletics events and training sessions,                                                                                         Ethnic Affairs Priority Statement
                                             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                                                                                                Parklands to increase awareness and        Italian and Korean communities will
competitions, with Archery NSW using                                                                                            • SOPA and Auburn Council were
                                             sports of badminton, judo, fencing,                                                  jointly awarded the Best Cultural          encourage greater use of our               be included in these events
the Park for much of its activity.           handball, table tennis, volleyball and                                                                                          facilities
                                                                                                                                  Event prize in the Australia Day Local                                              • 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                                                           Geoff Buckley             Marketing             Hong Kong, China       4 – 8 November 2002           Tourism Trade Mission
                                                                                   • Continued representation of women
                                         Organisation (WTO) Meeting in                                                                                 & Corporate
1 August 2002                            November 2002. The NSW Police
                                                                                     on major committees and working
                                                                                     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    Jim Stone                 Property              New Zealand            18, 19 February 2002          Investigation of re-use of
request of the applicant.                SOPA also consulted with the PSA on
                                                                                     for women.                                                                                                                                   existing structure for
                                         development and implementation of
27 February 2002                         the Performance Management                                                                                                                                                               Visitor’s Centre
The applicant sought access to           System. Suggestions from the PSA          Occupational Health
                                         were incorporated into SOPA’s             and Safety                                Helen Lochhead            Planning              New Zealand            18, 19 February 2002          Investigation of re-use of
video footage from closed circuit
                                         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         Mark Stewart              Business              Lausanne,              22 – 28 April 2002            Meeting with FINA
In the preceding year of 2001-02, a
                                         NSW Action Plan for Women                 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
                                         • Four out of the five staff seeking      bi-monthly during the year. A number
Applications under the FOI Act must
                                           financial assistance and who were       of minor issues were addressed by
be in writing and accompanied by an
                                                                                   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
                                           have been taken up by women.                                                      Calais Consultants                                   39,725.00          Visitor Information Strategy Report
7 Figtree Drive                                                                    management of SOPA's OHS
SYDNEY OLYMPIC PARK NSW 2127                                                                                                 Hassell Pty Ltd                                     44,950.00           Public Domain Strategy
                                         • A work placement opportunity            obligations.
Telephone: 02 9714 7353                    course provided under the NSW TAFE                                                Hill Thalis Architect                                 51,685.83         Urban Planning Advice
                                                                                   SOPA commissioned an independent
Facsimile: 02 9714 7495                    Career Education and Employment                                                   Jane Irwin Landscape Architect                        51,685.83         Urban Planning Advice
                                                                                   safety audit of its office premises and
                                           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
                                           into the workforce, if they have been                                             Tony Caro Architecture                                51,685.83         Urban Planning Advice
during 2002-03.                                                                    (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
                                         • Five young women accompanied the        screening program for job                 Landsbury's International Pty Ltd                   42,500.00           Project Realisation Advice
and open communication channels
                                           SOPA Chief Executive Officer to the     classifications with inherent health      Michael Collins & Associates                         30,315.00          Commercial Property Advice
with the Public Service Association
                                           “CEO and Young Professionals            and safety risks. A report Is to be
(PSA). Arrangements were agreed with
                                           Breakfast 2003” hosted by the           prepared by HealthQuest that will
the PSA to cover a seven-day cycle and
                                           Institute of Public Administration      inform the basis for SOPA's               TOTAL Consultants over $30,000                       482,371.81
rostered shift arrangements during
                                           Australia (IPAA), in conjunction with   preventative and monitoring program.      TOTAL 68 Consultants under $30,000                   529,911.32
the 2003 Easter Show. These
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
                                                                                                                                           A range of information sheets are             vision for SOPA is used as a support
                                                                                                                                                                                         to investors, developers and other       In early 2003, SOPA established an
                                                                                                                                           produced to support the Parklands
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
At 31 December 2002                    228,450                   8,371            62,147            14,154                    (175)        • WRAMs for visitors, tours and                                                        July 2003.
                                                                                                                                                                                       • Sustainability Strategy provides a
                                                                                                                                             conference attendees                        corporate framework for sustain-         All feedback, whether a comment,
At 31 March 2003                       162,469               319,090             166,547             2,426                6,704
                                                                                                                                           • 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.
                                                                                                                                           • Natural History Illustration                                                         Much of the feedback received during
                                                                                                                                                                                       • State of Environment report is a
                                                                                                                                             Workshop for schools and special                                                     2002-03 was in the nature of
Trade Creditors Accounts paid on time within each quarter                                                                                                                                statutory requirement, and available
                                                                                                                                             interest groups                                                                      constructive feedback for improvement
                                                                                                                                                                                         on the SOPA website and distributed
Quarter Ended                                  Accounts Paid         Accounts Paid          Amount Paid          Total Amount Paid                                                                                                of Sydney Olympic Park, such as advice
                                                                                                                                                                                         to all Government and
                                                  on Time               on Time               on Time                                      Corporate                                                                              on damaged or broken facilities,
                                                                                                                                                                                         environmental agencies
                                                 Target%               Actual%                 $’000                   $’000                                                                                                      improvements to the website, etc.
                                                                                                                                           A range of publications are produced
                                                                                                                                                                                       In addition to the above there is a
At 30 September 2002                                 95                     62                  14,506                   23,508            to meet our corporate obligations and                                                  The primary area of complaint was in
                                                                                                                                                                                       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            opportunities.                                                                            Level 5                                 2                                  -                                 -
                                                                                                Sydney Olympic Park to cooperatively
and material to communicate with its                                                                                                       Level 4                                 1                                  -                                 -
                                                 Specific event flyers are also produced        market the site as a destination for
diverse audiences.
                                                 to support Sydney Olympic Park                 business events.                           Level 3                                 -                                  -                                 1
Sydney Leisure Market                            events such as ‘Alive’, designed to            A business events brochure detailing
                                                 embrace the memories of the Sydney                                                        Total                                   4                                  -                                 1
Our busy leisure activity and event                                                             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
The website was rebuilt during                                                                  bookers of event space.
                                                 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                                                  Mr Geoff Buckley                           Movies in the Park; and Would you like
Reference Panel was a significant step                                               The capital works program of $26
                                          Park stakeholders, and with the                                                                                                 Music with That?
in establishing formal links for the                                                 million was delivered on time and on      Executive Director, Marketing and
                                          Sydney Olympic Park Business
investigation of education related                                                   budget. Significant projects included     Corporate Communications                   A major upgrade of leisure tourism
                                          Association.
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                                                                                                   Period in Position:
                                                                                     Memories projects, the final phase of                                                Trail. A joint marketing program was
Plan was complemented by the              Mr Terry Martin                                                                      5 August 2002 to 30 June 2003
                                                                                     Telstra Stadium works construction,                                                  agreed with Tourism Sydney to target
implementation of a strong new
                                          Executive Director, Property               wayfinding and arterial signage, and      The Chief Executive Officer reported       domestic and international leisure
corporate identity and brand, to
                                          Senior Executive Service, Level 5          Parklands enhancements.                   that Mr Buckley performed to a high        tourists. Planning was finalised for the
reposition and enhance the market
                                                                                                                               level in 2002-2003.                        relocation and reinvigoration of the
positioning and image of Sydney           Period in Position:                        The treatment of scheduled chemical
                                                                                                                                                                          Visitor’s Centre to provide more
Olympic Park.                             29 July 2002 to 30 June 2003               waste on remediated land was              Mr Buckley led the development of          effective and efficient visitor servicing.
                                                                                     completed and validated. The project      the Sydney Olympic Park brand
A central element of SOPA’s future        The Chief Executive Officer reported       used pioneering environmental             strategy and brand positioning. He         SOPA established a business events
planning was the development of the       that Mr Martin performed to a high         technology and was supported by           oversaw the brand audit and the            sales role and assisted with the
conceptual framework for SOPA’s           level in 2002-2003.                        environmental groups. Prior to the        commencement of brand                      coordination of business events across
placemaking objectives, SOPA’s
                                          Mr Martin led the tender evaluation        development of this technology,           implementation. Over time, branding        the site. This allowed for a single point
Founding Principles of Place Making –
                                          and negotiation processes for the          highly contaminated materials were        will be critical in increasing awareness   of contact for organisations interested
Shaping the Future of a Town.
                                          awarding of major development              stored in secure warehouses.                                                         in staging a business event at Sydney




82                                                                                                                                                                                                                                                       83
11 Appendices
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: enquiries@sopa.nsw.gov.au
www.sydneyolympicpark.nsw.gov.au
Our office hours are 8.00am to 5.30pm, Monday to Friday.




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