The New South Wales Bank Holiday is a public holiday that is generally only observed by Banks and their employees.

It is a statewide public holiday but is unique in that not everyone gets to have the day off or receive penalty rates.

Some lucky individuals that do not work at banks may still be entitled to penalty rates, but it’s likely that your award or agreement needs to specify this.

The NSW Bank Holiday is an annual public holiday and is always held on the first Monday of August.

In 2015, the NSW Bank Holiday is on Monday, August 3rd.

All banks will be closed in New South Wales on the public holiday.