Libraries' $1.3B Impact: A Smart Investment
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The State Library of New South Wales report reveals that every dollar invested yields a fourfold return in community benefits, totaling $1.13 billion. Research shows that libraries, like Manly and Eastwood, are essential spaces for students and immigrants, with 40% of residents holding library cards and 28.2 million visits annually. The New South Wales treasurer emphasizes libraries social and economic value, advocating for better funding as urban areas densify.
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