Wednesday 18 November 2020

STIMULUS SPENDING SENDS STRONG MESSAGE TO HOSPITALITY AND ENTERTAINMENT SECTOR

The 2020-21 NSW State Budget is all about creating and supporting jobs through targeted stimulus measures, including the flagship $500m Out & About program.

Delivering $100 worth of digital vouchers to every adult NSW resident, the program will inject new energy into the economy, help businesses doing it tough and encourage employment.

The four $25 vouchers per person will be widely available in January 2021 and can be used at cafes, restaurants and on arts & tourism attractions across NSW.

Premier Gladys Berjikilian said NSW was in the “race against time” to support people who are – or soon will be – unemployed.

“This Budget has workers at its heart, with temporary, targeted stimulus to generate jobs and get businesses booming again,” she said.

Treasurer Dominic Perrottet said: “No industry has felt the economic impacts of COVID-19 more than the hospitality, arts and tourism industries. NSW acted swiftly to save lives and stop the spread of COVID-19 and we want to help businesses by encouraging spending within local communities, especially within the hospitality, arts and tourism sectors.”

The program has been welcomed by industry bodies including Tourism & Transport Forum (TTF) Australia.

“The signature Out & About digital travel voucher program will be a $500 million lifeline for local cafes, restaurants and cultural attractions,” TTF CEO Margy Osmond said.

For more information about the Out & About program, visit nsw.gov.au/covid-19/out-about-vouchers

Website: www.theholidayandtravelmagazine.blogspot.com.au

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