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NSW Premier Gladys Berejiklian has scrapped the $810 million rebuild of Sydney’s Olympic stadium at Homebush as the state deals with the fallout of the coronavirus pandemic.

Instead Premier Berejiklian announced a new $3 billion fund for job-creating projects to produce an extra 20,000 positions.

The move would also fire up the economy, with $100 billion now being invested in the state’s infrastructure.

“This guaranteed pipeline of $100 billion will be our best chance of supporting the hundreds of thousands of people who have already lost their jobs in NSW,” Premier Berejiklian said.

Image: Getty