LATEST DATA REVEALS SYDNEY IS LEADING NATION’S COVID RECOVERY

Recent economic data has shown Sydney is leading the way in capital city economic recovery, with improving consumer and business confidence, house price growth and falling unemployment, further cementing Sydney’s position as Australia’s economic engine room.

Executive Director of Business Sydney Katherine O’Regan said: “Business Sydney, formerly Sydney Business Chamber, has a two-hundred-year history in advocating for and driving economic growth and our new title reflects our growing influence, reach and digital offering as the voice for business in the Sydney region.

“Recent positive economic news from the Treasurer, including that 80 per cent of NSW jobs lost in the peak of COVID have returned, the budget forecast revised down and a record 39 days with no new COVID cases, reflects the enviable economic recovery of our city, contrasting well against Melbourne’s.

“Business and consumer confidence is returning and as the voice for business in the Sydney region, Business Sydney, is committed to driving employment through opportunities for economic growth, along with reshaping and planning for the future to advance our city as a great place to invest, work, live and visit."

To read the full half yearly review, visit NSW Treasury.

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