$1.12 billion in NSW COVID-19 relief funding yet to be spent

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Internal emails between Treasury staff last year, obtained under freedom of information laws, reveal $310 million was reserved for hospitality and retail businesses in October | LucyCormack

Economic support grants to be announced by the state government this week will include funds not used in earlier relief schemes as well as new money, while more than $1 billion previously set aside is yet to be spent.

Consumers are yet to redeem about $400 million in Dine and Discover vouchers, which expire on June 30.The money was approved by the government for the Summer Holiday Stock Guarantee, to award grants of up to $10,000 or $20,000 to compensate for lost perishable stock if a lockdown occurred between December 1 and January 31.

As no stay-at-home orders or business closures were enforced in the summer period, the money was never required, freeing it up to be used in other support packages.

 

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