The NSW Government has announced it is ending Sydney's lockout laws.

The laws were originally introduced after a series of late-night assaults but have been criticised for stifling Sydney's nightlife and night-time economy.

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Speaking to reporters on Thursday, Premier Gladys Berejiklian said that the laws will no longer be in effect from January 14 - except for the Kings Cross area.

"I want to take this opportunity to thank the parliamentary committee, which was a cross-party committee, for coming up with about 40 recommendations in relation to Sydney's night-time economy," she said.

"We've adopted the vast majority of those recommendations and we look forward to having them implemented from January 14."

A parliamentary report by the Joint Select Committee on Sydney's Night-time Economy in September advised the coalition government to lift the laws in the CBD, saying they cost NSW $16 billion a year.

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The premier said that January 14 had been decided as the date for the laws to be scrapped to allow stakeholders time "to come to terms with what's happening and to prepare".

Berejiklian said 3.30am last drinks would remain in place, while the government has pledged to review the changes in 12 months.

The Labor opposition has pledged its support to the partial repeal of the laws which were introduced in 2014.

What will happen on 14 January?