Investment NSW – Restructure Update - Public Service Association

Investment NSW – Restructure Update

The Investment NSW Change Management Plan is progressing as per the proposed timeline with the Expression of Interest process having concluded and staff being advised of the outcomes on Monday 20 November.

For those staff who were not successful you will have now received a letter which allows for an option of accepting either voluntary redundancy or redeployment as per the 2011 Managing Excess Employees Policy.

The PSA would advise members of the following:

  1. We are unable to provide members with financial advice, but we would encourage you to check with either your accountant or Super provider if you have any concerns,
  2. You should have 14 days from the date of when you received the letter – for most this means that the last day for accepting the VR offer is on 4 December 2023 – note this is different from your last day of service,
  3. If you are in any doubt about any of the matters involved with either accepting a VR or redeployment you are encouraged to contact People and Culture or the PSA.

There are many variables which will affect everyone differently, DEIT have confirmed with the PSA that they will work with impacted staff on a case-by-case basis and the PSA is able to support you in those discussions.

Ongoing meetings with DEIT will continue on a fortnightly basis until the conclusion of the Change Management Plan so please contact the PSA if you have any further questions.

PSA Industrial Staff

Senior Industrial Officer,

PSA Member Support

Telephone 1300 772 679 or email

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