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Sydney Festival to create $50m for economy

About 500,000 people are expected to attend the Sydney Festival, with hopes that pundits will pump more than $50 million in the NSW economy.

A scene at the Sydney Festival in 2012
The NSW government is hoping the Sydney Festival will pump more than $50mil in the state economy. (AAP)

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Source: AAP


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About half a million people are due to attend events at the annual Sydney Festival, with the NSW government hoping for an injection of more than $50 million into the state's economy.

The festival, with its wide range of arts and cultural events, will run from January 9 until Australia Day.

Acting Premier Andrew Stoner says last year's event drew 500,000 people, resulting in a $57 million boost for the state's economy.

"We expect the same level of enthusiasm for this year's Sydney Festival," Mr Stoner said.

Festival performances and events will span about 30 locations.

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The NSW government has invested $5 million in the festival.


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