Despite the positives, the DSRD has been under fire lately, with a recently released NSW parliamentary report criticising the department for wasting money and not being accountable enough with its spending.
In a report released in late June, the Public Accounts Committee found that NSW avoided much of the wastage and excesses of other governments in Australia and overseas and commended the NSW Treasury and DSRD. It was critical, however, of how the Department measured its own success.
Public Accounts Committee Chairman, Joseph Tripodi MP, said "to a large extent, DSRD has been taking credit for investment that was going to happen anyway".
A survey of NSW exporters conducted by Business Asia/Overseas Trading, however, found most were happy with the support given and the overall performance of the DSRD.
The survey, sent to small and large exporters throughout the State, asked whether the DSRD was effective in several key criteria.
The survey respondents rated the DSRD quite highly on all counts.
The DSRD report says that Australia's large range of trading partners including the UK, Europe, the US and Asia provides a clear reason for why Australia's economy continues to show stability, despite the economic downturns and instability still present in Asia.
Overall, the DSRD report suggests that NSW remains the State of choice for both financial investment and residential settlement due to its diversity in industries, as well as its successful and stable export economy.