The payment is the latest in a round of measured targeted at increasing economic activity in the state announced this week as part of the NSW Government's Economic Recovery Strategy released on Thursday.

The strategy includes funding to stimulate economic activity in cities and regions with a strong focus on rebuilding and supporting businesses, helping the hip pocket and boosting jobs.

Only families who had a school-aged child in 2021 will receive the bonus which will be available in the form of vouchers from Service NSW early next year.

NSW Premier Dominic Perrottet and Treasurer Matt Kean said the aim of the vouchers is to stimulate spending and economic activity.

"One of the biggest challenges for so many families during lockdowns was learning from home, and now as life returns to normal we want to encourage people to get out and boost economic activity," Mr Perrottet said.

"In many senses this is a 'Thank You' that will go some small way towards helping family finances that took a big hit and at the same time supporting businesses and jobs."

Treasurer Matt Kean said the people of NSW had shown great strength and ingenuity throughout the pandemic, supported by more than $10 billion in NSW Government measures throughout the winter 2021 lockdown, and the latest package would position the State for a safe, robust and rapid recovery.

"This package will boost confidence, provide fresh opportunities and support NSW to return to a way of life we know and love," Mr Kean said.

"But we don't just want to recover what we lost, we want to bounce back better than ever - and this package lays the foundations to do exactly that."

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