Australian State Announces $1 Billion Recovery Package for Businesses

NSW Premier Dominic Perrottet speaks during a press conference in Sydney, Australia, on Jan. 17, 2022. AAP Image/Brendon Thorne

The New South Wales (NSW) government has unveiled a $1 billion (US$702 million) support package for businesses hit hard by the Omicron outbreak as the new wave continues to dent consumer confidence and the labour force.

On Sunday, NSW Premier Dominic Perrottet said the government had the back of every business and worker in the state.