The New South Wales Premier Dominic Perrottet has defended his Treasurer’s mid-year budget review after Matt Kean revealed a significant deterioration of government finances from earlier forecasts.
“You cannot risk a Labor Government in New South Wales because we know what a Labor government does – lifting the cap on expenses will blow the budget,” Mr Perrottet said at a media conference on Wednesday.“They are very fast to pass on interest rate rises but they are very slow to pass on interest rate cuts.
“This is a difficult economic time for families across New South Wales – we stand with families, so should the banks.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gambling reforms to ‘make a real difference’ in preventing money laundering: PerrottetNew South Wales Premier Dominic Perrottet says amendments to anti-money laundering laws and the cashless gaming card will “make a real difference in clamping down on organised crime” in the state. “We want to make sure there are less places right across New South Wales where money laundering can take place,” he said during a media conference on Tuesday. “It’s a suite of measures – the more loopholes we close, the safer our communities will be.”
Read more »
Banks 'very quick to raise rates, not very quick to cut them'NSW Premier Dominic Perrottet has hammered the big banks over continuing to pass on interest rate rises to consumers. 9News
Read more »
Number of NSW mobile speed cameras to increaseThe number of mobile speed cameras will soon increase across New South Wales. More than 60 operators will be rolled out across the New South Wales road network in the coming weeks after the government retrofitted vehicles to reintroduce warning signs. It's expected the entire fleet will be operational by Easter.
Read more »
Perrottet’s cashless pokie plan to cost $350 millionThe state’s largest poker machine owners are likely to snub an element of the plan proposing to buyback more than 2000 machines.
Read more »
Perrottet’s budget numbers go backwards before electionNSW’s Half Yearly Review showed the state’s full year deficit will come in $100 million more than expected at $11.4 billion.
Read more »