Premier Dominic Perrottet has announced the package, which includes each adult being provided a $50 voucher to spend on accommodation anywhere in the State.
“Business NSW has been telling Government since the start of the pandemic that different industries were being impacted in different ways, but the tourism, hospitality and events sector has been the hardest hit,” said Business NSW Chief Executive Daniel Hunter.
“What is particularly pleasing is this is not a Sydney centric package but recognises that all of NSW has a part to play in the economic recovery through regional events and tourism, with support for satellite CBD’s a cornerstone of this funding,” Mr Hunter said.
“Business will be delighted with the Event Saver Fund which allows for immediate financial support for organisers of events that are disrupted or cancelled due to a Public Health Order this summer. This will allow confidence in investment and employment without a fear of being left footing a huge bill.
“The exciting part about this support package is that it will actually encourage more business investment and drive a collaborative partnership between business and Government in securing events and once again making NSW the number one destination in the Asia Pacific region for both business and travel.
“What is crucial is the targeted approach the Government takes from here in deciding where the money is spent – this needs to be on a needs-based approach to ensure maximum return on investment.
“A united approach using insight from stakeholders on the ground will be crucial to ensuring this package delivers for all of NSW.
“Business NSW looks forward to working with the State Government in coming weeks on measures and support that will drive more formal return to work practices further enhancing the economic stability of our CBD’s,” Mr Hunter said.