The NSW treasurer delivered a no-frills second budget on Tuesday, but it was a very Labor one.
He had little choice. The most pressing issue facing the nation is the housing crisis, and nowhere is feeling that pressure more acutely than NSW and Sydney.
Couple that with the scourge of domestic violence which is sweeping the country at horrifying rates, and a Labor government could not talk about housing without including public homes in that conversation. However, rather than sledging from the sidelines about the need for more funding , NSW has made an intervention and will use its lucrative payroll tax system to encourage GPs to bulk-bill. If a GP bulk-bills 80 per cent of their patients, they will be exempt from the tax. It is a smart move from the government.The housing and health announcements are the major components of an otherwise no-frills budget.
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.
NSW Treasurer Daniel Mookhey set to hand down budget forecasting years of deficitsNSW Treasurer Daniel Mookhey reveals the government forecasts four years of deficits after a change to how money from the GST is distributed, but has made funding for affordable housing the centrepiece of its budget.
Read more »
NSW budget: Forecasting error behind Daniel Mookhey’s ‘nonsense’ claim on GST, credit ratingNSW’s AAA credit rating is on the line. The federal government, other states and rating agencies believe NSW made an error forecasting GST revenues.
Read more »
NSW Treasurer Daniel Mookhey hands down the 2024 budgetNSW Labor has announced a budget deficit of $3.6 billion in 2024-25 as Labor declared major investments to “must have” projects.
Read more »
All the winners and losers in the NSW budgetNSW Treasurer Daniel Mookhey has splashed the cash, but not everyone will be smiling.
Read more »
Former treasurer Matt Kean quits parliamentKean has taken aim at Treasurer Daniel Mookhey and his budget on the way out.
Read more »
Doing more with less: Mookhey’s battle to bring the budget into the blackDomestic violence, the GST saga and a COVID hangover – the NSW treasurer is presiding over a complicated budget picture.
Read more »