first-res NSW economy crisis

Coronavirus Impact: Premier Warns Says NSW Economy Suffers Biggest Fall in 20 Years

Premier Warns warned that NSW is yet to feel the “severe” economic consequences of COVID-19, despite the biggest contraction in its economy in 20 years.

This week the State Government dumped its plan to renovate Sydney Olympic Stadium, so the $810 million earmarked for that project could be directed into a $3 billion infrastructure fund, which aims to generate 20,000 jobs.

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