The Minns government is cutting former Coalition projects to pay for some of its new priorities, including a more than $2 billion housing fund. The NSW Labor government has predicted that there will be about $4 billion gain – that the budget will be in a better position come four years’ time, and there’ll be a modest return to surplus next financial year. The state government also predicted there’ll be a reduction in gross debt by about $15 billion over the four-year period. NSW Treasurer Daniel Mookhey admitted there’s still a long way to go to improve the state’s financial position. Some questions still remain after the release of the NSW Budget about the cost of the Eraring extension and the future of the Metro West Project.
The Minns government is cutting former Coalition projects to pay for some of its new priorities, including a more than $2 billion housing fund.
The NSW Labor government has predicted that there will be about $4 billion gain – that the budget will be in a better position come four years’ time, and there’ll be a modest return to surplus next financial year. The state government also predicted there’ll be a reduction in gross debt by about $15 billion over the four-year period.
NSW Treasurer Daniel Mookhey admitted there’s still a long way to go to improve the state’s financial position. Some questions still remain after the release of the NSW Budget about the cost of the Eraring extension and the future of the Metro West Project.
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