The steady reopening of the NSW economy, recent easing of domestic border restrictions, and the first COVID-19 vaccinations, have all boosted confidence since the NSW Budget was handed down in November.
NSW Treasurer Dominic Perrottet said: “We are starting to see both consumers and businesses returning to more normal patterns of behavior and this is helping drive economic activity.
“More than 80 per cent of jobs lost in the peak of the pandemic have returned, and each new step we take in reopening the economy improves people’s lives and helps business which feeds through to the bottom line.”
The forecast deficit for 2020-21 had been revised down by $2.7 billion from $16 billion to $13.3 billion.
This week the NSW Government also announced the easing of restrictions across Greater Sydney and NSW. From today:
- 50 visitors will now be allowed in the home;
- 30 people allowed to dance at weddings, with rotation on and off the dance floor;
- Increased class limits for gyms to 50 people (currently 30) subject to the 4sqm rule;
- Number of performers singing indoors increased to 30 (currently 5) subject to physical distancing requirements;
- Singing by congregants allowed in places of worship if masks are worn and subject to one person per 4sqm (currently no congregant singing allowed, with one per 2sqm permitted in places of worship);
- Increase capacity for cinemas to 100 per cent; and
- If current trends continue, drinking while standing up at indoor venues will be allowed in three weeks’ time (from Wednesday, 17 March).
For the latest information and COVID-19 testing sites please visit www.nsw.gov.au/covid-19.
To read the NSW Government’s Half-Yearly Review, got to www.treasury.nsw.gov.au.
Website: www.theholidayandtravelmagazine.blogspot.com.au
Destination NSW
https://www.destinationnsw.com.au/
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