New South Wales Bank Holiday in Australia

New South Wales Bank Holiday in Australia is an annual happening that falls on first Monday of August.  On this day, the banks in the New South Wales are required not to open. New South Wales Bank Holiday is declared a holiday under 4th Schedule of New South Wales Banks and Bank Holidays Act 1912. This is the same act that named Christmas, New Year, and Queen’s Birthday as holidays.

How Public Observes New South Wales Bank Holiday in Australia

New South Wales Bank Holiday is a holiday that is only applicable to certain employees. Due to this nature, this event is not a state-wide holiday. This holiday only requires the banks in the New South Wales to be closed during the first Monday of August. Bank employees in the area of New South Wales are required to not report to work during this day.

Because New South Wales Bank Holiday happens on a Monday, the bank employees in this part of Australia are treated for a three-day weekend. Bank employees take the holiday as an opportunity to relax and be with their families. They also see this holiday as their chance to explore the other territories of Australia. It is very likely that bank employees who are not reporting to work due to holiday will check-in in resorts or will go on an overnight stay in one of Australia’s beaches.

Some bank employees who do not go to work due to the holiday also see this event as an opportunity to shop and dine with friends or family. They treat themselves to shopping in Australia’s premier shopping destinations, or satisfy their taste buds in the country’s outstanding restaurants.

Snowy Mountains in the New South Wales is also a favourite spot of people who do not go to work during the New South Wales Bank Holiday. This is a tourist spot where playing ski is a popular choice of all ages. The Byron Bay is also a favourite spot of people who do not have work during the holiday of New South Wales Bank.

New South Wales Bank Holiday History and Background

The New South Wales Bank Holiday started in the United Kingdom. This is to compensate the workers of extra work they rendered in the month of June. The compensation is a holiday Monday which happens on the first week of August. This holiday is in accordance to the proclamation in the Bank Holidays Act of 1875.