Unexpected revenue sparks NSW budget recovery, but state still …

Jun 21, 2021 · NSW's finances are in far better shape than forecast, with the deficit down by $8 billion since the last budget and the state on track to return to surplus in three years.

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Unexpected Revenue Sparks NSW Budget Recovery, But State Still …

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Jun 21, 2021 · NSW's finances are in far better shape than forecast, with the deficit down by $8 billion since the last budget and the state on track to return to surplus in three years.

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NSW MYEFO: Home Sales, Tax Blunder Add To State’s Huge Budget …

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Dec 18, 2024 · The weaker-than-expected sales in the NSW housing market have contributed to a predicted $392 million hit to stamp duty revenue – a key source of support for state coffers – …

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Unexpected Revenue Sparks NSW Budget Recovery, But… - Inkl

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Jun 21, 2021 · The budget has also been boosted by unexpected revenue from Sydney's housing boom. The state government has received $9.37 billion from stamp duty this financial year, …

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Half-yearly Review - NSW Government

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Dec 18, 2024 · A $2.5 billion increase to GST revenue over four years reflects a larger GST pool, updated state budget data and a revised forecasting methodology. Revenue increases in 2024 …

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Trump Warning As NSW Budget Slides $1.3 Billion Further Into Red

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Dec 18, 2024 · The budget is forecast to be $1.3 billion worse off due to falling stamp duty revenue and amid warnings of inflation risks from Donald Trump’s trade policies. Trump …

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Unexpected Revenue Sparks NSW Budget Recovery, But State Still …

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Unexpected revenue sparks NSW budget recovery, but state still billions in the red . ... NSW's finances are in far better shape than forecast, with the deficit reduced by $8 billion since the …

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The NSW Budget In Five Charts - The Sydney Morning Herald

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Jun 21, 2022 · The NSW government will spend $115 billion across the state in the coming year, but its revenue is forecast to reach only $104 billion. The result is a hefty deficit of just over …

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NSW Budget Deficit More Than Triples To $11.3 Billion As ... - SBS

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Treasurer Matt Kean has defended the cost of the big reform package outlined in the state budget, saying it is a "once in a generation reform budget for the people of NSW". The 2021 …

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WA Treasurer Rita Saffioti Says State Is 'envy Of The Nation' With $3 ...

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2 days ago · WA's books recorded a $2.6 billion operating surplus for the 2024-25 period, but in an update published today, Treasurer Rita Saffioti confirmed the state is still swimming in …

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Unexpected Revenue Sparks NSW Budget Recovery, But State Still …

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Jun 21, 2021 · NSW's finances are in far better shape than forecast, with the deficit reduced by $8 billion since the last budget and the state on track to return to surplus in three years.The …

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ABC News - NSW's Finances Are In Far Better Shape Than... - Facebook

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Jun 21, 2021 · NSW's finances are in far better shape than forecast, with the deficit down by $8 billion since the last budget and the state on track to return to surplus in three years. ABC …

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The $100b Budget: No Brakes On Spending Just Yet - Head Topics

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Jun 22, 2021 · State Final Demand - the broadest measure of NSW economic activity - plummeted 8.6 per cent in the June quarter 2020, the biggest contraction in the state’s history. …

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FAQs about Unexpected revenue sparks NSW budget recovery, but state still … Coupon?

What's going on with NSW's Budget?

NSW Treasurer Dominic Perrottet will hand down his budget today. (AAP: Dan Himbrechts) NSW's finances are in far better shape than forecast, with the deficit reduced by $8 billion since the last budget and the state on track to return to surplus in three years. Today's state budget will reveal a $7.9 billion deficit. ...

How much money does NSW spend in a year?

The NSW government will spend $115 billion across the state in the coming year, but its revenue is forecast to reach only $104 billion. The result is a hefty deficit of just over $11 billion. But there’s much more to the budget than that. Here are five budget charts that shed light on the state’s finances, and the economic outlook for NSW. 1. ...

How much has NSW Budget blown out since June?

Expenses have also blown out $1.4 billion since the June budget, pushing out the 2024-25 deficit from $3.6 billion to $5.0 billion. NSW Treasurer Daniel Mookhey and NSW Finance Minister Courtney Houssos address media after delivering the state’s budget update. AAPIMAGE ...

What happened to NSW's gloomy budget?

The gloomy tone intensified recently after NSW was hit by an unexpected cut in its share of the GST, which is forecast to cost the state billions in coming years. NSW Treasurer Daniel Mookhey delivers the budget. AAP But things weren’t so bad when Mookhey unveiled his second budget on Tuesday. ...

Is the NSW Government's half-yearly review in line with budget expectations?

The NSW Government has released its Half-Yearly Review showing a result broadly in line with Budget expectations. A deterioration in the 2024-25 Budget result is offset by improvements in the budget result across the forward estimates. ...

Will NSW's economic growth accelerate in 2024-25?

The NSW economic growth rate slowed to 1.5 per cent this financial year, but that is forecast to accelerate to 2 per cent in 2024-25 – well above the 1.25 per cent forecast last December. Since becoming treasurer Mookhey has cited a raft of financial obstacles to justify the state’s long run of deficit budgets. ...