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May 21, 2012 -- Updated December 29, 2010 15:04 HKT

Sydney’s US$152M New Year’s Eve

Sydney New Year’s Eve celebrations to inject US$152M into Australian economy

Sydney’s New Year’s Eve celebrations would bring in more than Au$150M (US$152M) for the New South Wales (NSW) economy in Australia, said NSW Premier Kristina Keneally Wednesday.

She also said 1.5 million people were expected to flock to the Sydney Harbor foreshore to take part in “one of the world’s best parties”.

More than 2,600 police officers will be on patrol across the metropolitan area, with most being at harbor and beach side locations and at public transport hubs.

“I encourage everyone to plan ahead, take public transport, and buy a return ticket to avoid the queues when heading home,” Keneally told reporters on Wednesday.

Police Minister Michael Daley said police would be out in force to ensure people had a good, fun but safe night.

He also reminded people that consuming alcohol on public transport was an offense.—Paul A. Ebeling, Jnr. www.livetradingnews.com

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Posted by on Dec 29th, 2010and filed underASEAN News, Asia, Australia, Equities, Latest News, Markets.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site

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