Vaccination for COVID-19. The NSW Government has unveiled a $107 billion spend on infrastructure, health, education and transport to create 145,000 jobs across the state. We collect taxes, fines, fees, duties, levies and royalties, administer grants and recover debts on behalf of the people of NSW. We also administer some forms of unclaimed money. Current COVID-19 case locations. In March 2020, the Australian Government announced a series of changes to bankruptcy law, as part of the wider economic response to the COVID-19 pandemic. Vouchers for dining, arts and tourism. Report on State Finances 2019-20 2 - 1 2. Interstate travellers. Mayor Lisa Matthews (right) has said the reason for the debt is unknown. Seeded with an initial investment of $10 billion in late 2018, the NGF was valued at $10.9 billion at 30 June 2019, and is projected to grow to more than $70 billion over the next decade. As at 6 March 2020, the gross Australian government debt was $573.1 billion. Key policies and conceptual determinations are discussed in the article Economic measurement during COVID-19: Selected issues in the Economic Accounts.Further ABS data measuring the impact of COVID-19 can be found via abs.gov.au/covid19. ... Net debt is $53.1 billion in 2020 … Commonwealth subsidy expenses for September quarter 2020 … This represents the fifth year of record annual spend in New South Wales and reflects the Government’s commitment to delivery of infrastructure for NSW communities and strong economic growth. NSW Treasury 17 November 2020. Our sovereign wealth fund, the NSW Generations Fund (NGF), continues to grow. The temporary changes included: an increase in the debt threshold, which enabled creditors to apply for a bankruptcy notice $14.8 million over four years from 2020-21 to remove ghost nets (discarded fishing nets) from Australia’s northern waters $2.5 million in 2020-21 … Find information, access services and have your say. This initiative will help lower the debt burden for future generations. COVID-19; Greater Sydney rules and restrictions. To support NSW councils to develop and apply modern, fair and effective debt recovery and hardship policies and practices in line with the requirements of the Local Government Act 1993, the NSW Office of Local Government, in conjunction with the NSW Department of Justice, has published these section 23A Debt Management and Hardship Guidelines. NSW Government. (ABC Central Coast)Mr Persson also cited the impact of COVID-19 and the 2020 … A huge collapse in company and personal income tax has left the budget with its biggest deficit on record and government debt on track to reach $1.5 trillion by the end of the decade. The net government debt is gross government debt less its financial assets, which is often expressed as a percentage of Gross Domestic Product (GDP) or debt-to-GDP ratio. 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