While our core projects and initiatives will continue during 2011-2012, we have targeted several issues for specific attention, as follows.

We will support economic development in New South Wales by:

• delivering 10,000 home sites in western Sydney over the next four years
• commencing construction at our Green Square, North Penrith and Ingleburn projects
• advising government on ways to facilitate urban renewal and greenfield development
• facilitating regional development opportunities, where the local housing market may be under stress
• contributing to the supply of more affordable housing via a range of initiatives.

We will also promote a national rollout of PRECINX® through strategic alliances with government land agencies in other states. We also plan to establish new alliances that will enhance our ability to promote sustainability leadership and innovation.