The Sydney suburbs sitting on the most unused Dine and Discover vouchers | niltiac Nigelgladstone
NSW residents are still sitting on $315 million in unspent Dine and Discover vouchers with less than a week before they expire, raising questions about the effectiveness of the economic stimulus scheme.
“The program has been an overwhelming success, with the stimulus supporting some of our hardest hit industries and providing a boost to household budgets,” Dominello said. A Service NSW spokesperson said uptake was strong, with 5.5 million people registering for the vouchers via the website or app, in person or by phone at a Service NSW centre.Opposition Leader Chris Minns told reporters on Friday the government should consider extending the program because local and suburban restaurants could do with the help.
Vouchers can be used to prepay bookings before June 30 for visits later in the year. Unused vouchers also can be donated to charity before June 30 through the Pay Discover Forward scheme started by Symbio Wildlife Park. Within Sydney, wealthy LGAs have the highest proportion of unspent vouchers. In Woollahra Council area 49 per cent of issued vouchers were yet to be redeemed as of June 15, while in Mosman Council area it was 46 per cent.
Australia Institute chief economist Dr Richard Denniss said the fact that only 60 per cent of vouchers had been spent suggested the scheme was not well targeted.“The purpose of stimulus is to get money into the economy where it’s needed, when it’s needed,” Dennis said.
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