NSW Budget 2023: State’s return to surplus planned in two years

Australian Community Media

The NSW Labor Treasurer Daniel Mookhey has handed down the Budget,  outlining plans to return the government to surplus in the next two years, despite the more than $18 billion in new spending and $8 billion Budget shortfall predicted for 2023-2024.

Transcript

00:00 Yeah, we're getting rid of a lot of the waste that's been accumulated after the last 12

00:19 years and we're pumping every single one of those dollars back into helping people through

00:22 this cost of living crisis and fixing their essential services, especially our schools

00:26 and hospitals.

00:27 We've spent more than about $9 billion in this budget to help people through this cost

00:30 of living crisis.

00:31 700,000 motorists getting a toll cap, 84% of first home buyers not paying any stamp

00:35 duty or land tax.

00:37 In addition to that, a good billion dollars set aside for $1.6 million for their power

00:42 bills.

00:42 Thank you.

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