NSW is the chief beneficiary of a $4.7 billion federal spending package announced yesterday to boost road, rail and education infrastructure, as well as give business more than $1.6 billion in tax breaks to encourage investment during the economic downturn.

Prime Minister Kevin Rudd has urged Australians to quickly spend money they receive as part of the Government's economic stimulus package.

From tomorrow, families, pensioners and some low income earners will start receiving payments as part of the Government's $10.4 billion package designed to keep the economy out of recession.

Mr Rudd says by spending the money quickly, everyone can help to avoid a rise in unemployment.