NSW Treasurer Dom Perrottet MP affirmed the NSW Government's investment in the Parkes Special Activation Precinct as he outlined the 2020-21 Budget in his speech to Parliament yesterday.

In the Budget papers the Treasurer stated, "this Budget is about more than just rebuilding in our regions and responding to COVID-19. We are taking the opportunity to make regional NSW the powerhouse of our state’s economic future, and never has that future looked brighter."

"This Budget continues to support the industries that have made our regions so successful for so many years, and invests to create more opportunities to take our local produce to the world like never before."

"We are building new industrial capacity, with precincts in Parkes, Wagga Wagga, and the Hunter, tailor-made to ensure local industries will thrive long into the future," said Mr Perrottet.

Parkes Shire Deputy Mayor, Cr Barbara Newton, applauded the NSW Government in honouring their commitment of $185.4 million for the Parkes Special Activation Precinct (SAP), which will deliver vital infrastructure including roads, water and wastewater connections to the precinct

"It was also pleasing to see $5 million allocated for the continued planning for the Parkes Bypass on the Newell Highway, which will be an integral transport link to the Parkes SAP and in improving freight productivity and safety through Parkes," said Cr Newton.

There are many other significant investments for regional NSW which include:

  • $4.5 billion in drought assistance and water security support including$1 billion for the Safe and Secure Water Program to provide safe, secure and sustainable water and wastewater services to regional NSW
  • $300 million boost for the $2 billion Regional Growth Fund
  • $75 million for Resources for Regions
  • $100 million for the Gig State Project to deliver a metro-level internet service to regional communities and businesses
  • $198.8 million for businesses in regional NSW from the Small Business Support Fund ensuring businesses receive the support they need to keep operating
  • $100 million for the Regional Job Creation Fund to support existing businesses in regional NSW to grow and encourage interstate or overseas businesses to invest in regional NSW as well as up to $10,000 for skilled workers relocating to regional areas

In an effort to reboot the hospitality industry, the Treasurer highlighted the need for NSW to get out and about to cafes, clubs and restaurants – and he’s giving everyone $100 to do so. Under the $500 million centrepiece of the budget, every adult in NSW will get four $25 digital vouchers to spend separately on dining and entertainment. Two vouchers can be used for eating in venues and two can be used for entertainment and recreation – think cinemas, amusement parks, performing arts and art galleries. (And no – the vouchers can’t be used for alcohol, tobacco or gambling.)

Read more about the 2020-21 budget here: https://www.budget.nsw.gov.au/