On Monday the treasurer said NSW would lead the country in its recovery as retail stores and hospitality venues reopened in the state for the first time in months.
Mr Frydenberg said that a return to stay-at-home orders was now off the table for the sake of a smooth economic return.
‘NSW is ready for lift off and it will reignite the national economy,’ he told Channel Nine’s Today Show.
‘NSW is the largest state as far as the national economy is concerned, representing about a third of the national economy. NSW’s success will be Australia’s success, and NSW is showing the rest of the country how to live with the virus.’
Josh Frydenberg has claimed that a permanent end to lockdown is key to economic recovery and has forecast a massive bounce back as NSW marks Freedom Day
The treasurer said there can be no turning back once stay-at-home orders have been lifted and that a return to lockdown would only do more damage to businesses (pictured, Sydneysiders at Tattersalls Club as the clock struck 12.01am on Monday)
The treasurer said he wanted states to avoid going back into lockdown, saying their effectiveness had diminished as vaccination uptake increased.
‘Let’s open up and let’s not go back,’ he told The Australian.
‘With vaccination rates rapidly climbing around the country, we need to make lockdowns a thing of the past and give people their freedoms back, re-engage with the world and allow the economy to reopen safely.
‘Businesses need the confidence to plan for their future – not the uncertainty of being in and out of lockdown.’
NSW residents have spent 106 days in lockdown with the stay-at-home orders costing the economy billions of dollars.
The state lost $950 million a week – with $700 million being lost in Greater Sydney alone.
The Deloitte report has warned the economic recovery will ‘not be perfect’ and has partly shifted the blame on a slow restart to international travel.
Prime Minister Scott Morrison has promised that residents will be allowed to travel overseas when their state hits the 80 per cent double dose target.
NSW is expected to resume international travel as soon as the start of November.
Hair salons were among the businesses that reopened at 12.01am on Monday (pictured hairdresser at Alan Buki in Paddington)
Pubgoers wasted no time making the most of their new freedoms and visited Tattersalls Club at 12.01am on Monday
The Deloitte report has warned that it will take some time for the travel sector to fully recover and that international travel will remain ‘very weak in 2022’.
Flights are not expected to return to their pre-pandemic levels until at least 2024.
Millions on NSW residents have awoken to their first day of freedom in months.
The beleaguered state shattered its 70 per cent Covid-19 vaccination target for over-16s last week, opening the door for most businesses to return to trade at 12.01am on Monday.
Friends and family cut off by the 5km bubble will also be reunited at long last, with up to ten visitors allowed in homes – and 30 able to meet up outdoors.
Many were so keen to thrown off the shackles of lockdown that they queued in the rain across Sydney on Sunday night to get a first taste of freedom – be that a cold beer in the pub, a fresh haircut at the salon or even some bargain shopping at Kmart.
Kmart stores in Blacktown and Mt Druitt saw dozens of shoppers queueing before midnight in lines which snaked 50m from the entrance, while revellers in the city’s pubs were greeted with champagne at the door.
Sydneysiders were quick to visit Canterbury Leagues Club as the state marked Freedom Day at 12.01am on Monday
A hairdresser is seen at Sydney’s Alan Buki salon in Paddington, which opened its doors at midnight on Sunday to a string of excited customers
With only double-dosed residents allowed to enter non-essential venues in NSW, police set up a late-night roadblock along Parramatta Road as well as other main routes into the city to prevent unvaccinated lockdown rule breakers from heading into the CBD to join the festivities.
It’s been a particularly miserable three and half months for the coronavirus-ravaged Harbour City with residents subject to harsh restrictions including the 5km travel bubble and even curfews in parts of the heavy-hit west.
But with horror winter months in the rear view mirror and the state prepared to ‘live with the virus’, it’s now party time once again.
A staff member at Sydney’s Tattersalls club in the CBD even welcomed patrons inside by popping a champagne bottle as the clock struck midnight.
Ecstatic revellers had smiles from ear to ear as they rushed inside, proudly flashing their digital Covid-19 vaccination certificate at the door to gain entry.