Friday 3 November 2023

HOW THE NIGHTTIME ECONOMY IS PERFORMING

The Council of Capital City Lord Mayors has released its latest Measuring the Australian Night Time Economy Report, which shows the night-time economy generated $146 billion in sales turnover in 2021-22.

This was a 10 per cent increase from the previous financial year and a five per cent rise compared to pre-pandemic levels in 2018-2019.

The report profiles the night-time economy in NSW cities including Sydney, Newcastle, Parramatta and Penrith. It outlines the various initiatives aimed at supporting businesses in the sector and includes analysis of trading patterns and mapping of business clustering.
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