Sydney’s night-time economy is critical to the city, employing more than 35,000 people and worth more than $4 billion to New South Wales annually.
More than 170 venues across Sydney have closed since the lockout laws were introduced by the Liberal-National coalition in 2014, an inquiry into the live music and arts industry found.
The chair of the inquiry, Paul Green, said that the contemporary music ecosystem in the state was “slowly disintegrating”.
“There is significant economic benefit in the performance of live music. New South Wales has the largest share of Australia’s contemporary music activity.”
The inquiry recommended that the premier appoint a Minister for Music, the Arts and Culture, simplify the regulatory system and remove outdated liquor licensing conditions that prohibit live entertainment.
The City of Sydney approved the Draft Sydney Development Control Plan — Late Night Trading on Monday night.
Businesses will soon be able to apply for new trading hours through a development application process.