Invest
Budget scheme to give NSW adults $100
Every adult in NSW will be given $100 to spend on entertainment or dining as part of the state’s $500 million cash splash to stimulate struggling sectors from the COVID-19 recession.
Budget scheme to give NSW adults $100
Every adult in NSW will be given $100 to spend on entertainment or dining as part of the state’s $500 million cash splash to stimulate struggling sectors from the COVID-19 recession.

The 2020-21 budget, to be handed down by Treasurer Dominic Perrottet on Tuesday, 17 November, is expected to include a range of measures to help kickstart the economy.
The cornerstone of the government’s plan known as “out & about” will see every adult in the state get four $25 vouchers to spend on eating out, entertainment and cultural events in a bid to boost industries that have been impacted the hardest.
“We want to encourage people to open up their wallets and contribute to the stimulus effect,” Mr Perrottet told The ABC.
“The dining and entertainment industries were among the hardest hit by the pandemic, and I would encourage people to utilise this scheme once it is up and running and to make sure they spend a bit extra on the way through, too.”

The vouchers can only be used once, and they can’t be combined. That means if you spend less than the $25 in one go, the outstanding voucher amount will expire.
However, the voucher comes with exclusions, including on alcohol, gambling, cigarettes or retail products.
The government may also look to restrict usage of the vouchers to just weekdays, or even between Mondays and Thursdays in order to ensure venues are remaining COVID-safe.
The stimulus measures are only being rolled out to boost venues in the Sydney CBD, but the government will expand locations in early 2021.
The package will be part of a host of measures announced by the government with the aim of keeping people in jobs and creating new ones.
The government will also announce additional or fast-tracked funding for infrastructure projects such as Sydney Metro West, the Royal Prince Alfred Hospital redevelopment and major regional highway upgrades.
“When construction is falling away in the private sector, we are stepping up and filling that void,” Mr Perrottet said on Monday.
About the author

About the author


Economy
Economist calls for July RBA rate cut following inflation data
An economist from State Street Global Advisors has called for the Reserve Bank of Australia to cut interest rates in July following today's Consumer Price Index data for June. Read more

Economy
GDP data prompts economist to predict faster RBA rate cuts
Australia's latest GDP growth data has come in significantly below expectations, prompting an economist to suggest the Reserve Bank may need to ease monetary policy more aggressively. Read more

Economy
Global markets face turbulent start amid tariff concerns, but outlook remains cautious
Global equity and bond markets have experienced a turbulent start to 2025, primarily due to concerns that a potential tariff-driven trade war could heighten inflation and recession risks. Read more

Economy
RBA may cut rates faster if GDP data disappoints, economists say
The Reserve Bank of Australia may cut interest rates more quickly if next week's GDP data disappoints, economists said following today's consumer price index data for May. Read more

Economy
RBA delivers widely expected rate cut as inflation optimism balances global uncertainty
The Reserve Bank of Australia has cut the cash rate by 25 basis points, delivering on widespread market expectations while signalling a clearer directional shift towards less restrictive monetary ...Read more

Economy
Economist warns strong jobs data may delay further RBA rate cuts
Strong employment growth in April has put expectations for multiple interest rate cuts at risk, though upcoming economic data may clarify the need for lower rates, according to State Street Global ...Read more

Economy
Australian inflation continues downward trend, nearing RBA target
The Australian Bureau of Statistics (ABS) has reported that the Consumer Price Index (CPI) rose 2.7 per cent in the year to August, down from 3.5 per cent in July and 3.8 per cent in June. Read more

Economy
UK markets poised for gains after election, global geopolitical risks remain
Chris Iggo, Chief Investment Officer at AXA Investment Managers, has provided an optimistic outlook for UK markets following the recent general election, while cautioning about ongoing global ...Read more

Economy
Economist calls for July RBA rate cut following inflation data
An economist from State Street Global Advisors has called for the Reserve Bank of Australia to cut interest rates in July following today's Consumer Price Index data for June. Read more

Economy
GDP data prompts economist to predict faster RBA rate cuts
Australia's latest GDP growth data has come in significantly below expectations, prompting an economist to suggest the Reserve Bank may need to ease monetary policy more aggressively. Read more

Economy
Global markets face turbulent start amid tariff concerns, but outlook remains cautious
Global equity and bond markets have experienced a turbulent start to 2025, primarily due to concerns that a potential tariff-driven trade war could heighten inflation and recession risks. Read more

Economy
RBA may cut rates faster if GDP data disappoints, economists say
The Reserve Bank of Australia may cut interest rates more quickly if next week's GDP data disappoints, economists said following today's consumer price index data for May. Read more

Economy
RBA delivers widely expected rate cut as inflation optimism balances global uncertainty
The Reserve Bank of Australia has cut the cash rate by 25 basis points, delivering on widespread market expectations while signalling a clearer directional shift towards less restrictive monetary ...Read more

Economy
Economist warns strong jobs data may delay further RBA rate cuts
Strong employment growth in April has put expectations for multiple interest rate cuts at risk, though upcoming economic data may clarify the need for lower rates, according to State Street Global ...Read more

Economy
Australian inflation continues downward trend, nearing RBA target
The Australian Bureau of Statistics (ABS) has reported that the Consumer Price Index (CPI) rose 2.7 per cent in the year to August, down from 3.5 per cent in July and 3.8 per cent in June. Read more

Economy
UK markets poised for gains after election, global geopolitical risks remain
Chris Iggo, Chief Investment Officer at AXA Investment Managers, has provided an optimistic outlook for UK markets following the recent general election, while cautioning about ongoing global ...Read more