Today is NSW Budget Day and for the first time for years the budget won't report a surplus.
The NSW Government is gifting every adult $100 to spend on dining and entertainment in a bid to resuscitate some of the sectors hit hardest by COVID-19. The $100 will comprise four $25 vouchers via the Service NSW App.
The stimulus measure will be announced today in a landmark NSW Budget expected to lay bare tens of billions of dollars in debt.
The Out and About voucher scheme will cost the Government $500 million and aims to keep the economy flowing after Christmas.
The Federal Government is telling the states that they will have to start doing the heavy lifting to get the economy working again.
It is rumoured that the NSW Treasurer is planning to get back to a surplus in the next 5 years.
A meal anyone? Another reason to download the app.