Home Forums 2022-23 NSW BUDGET TURBOCHARGES VISITOR ECONOMY

  • 2022-23 NSW BUDGET TURBOCHARGES VISITOR ECONOMY

    Posted by Deleted User on September 20, 2024 at 9:48 am

    The 2022-23 NSW Budget is investing $1.3 billion to expand the Regional Growth Fund to continue creating opportunities in regional NSW, with $230 million allocated to support tourism development projects and enabling infrastructure, leveraging recent significant growth in regional tourism and supporting job creation.

    The funding includes $391.3 million for the Snowy Mountains Special Activation Precinct, to support the development of the regional visitor economy and transition the region to a year-round destination. The NSW Budget has also allocated $65 million for the Department of Regional NSW’s Regional Events Acceleration Fund.

    Local Government NSW (LGNSW) welcomed $49 million over four years for the maintenance and upgrading of Crown Lands and said it was good news for regional tourism and economic activity in rural and regional communities.

    Deleted User replied 1 month ago 1 Member · 0 Replies
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