A $7bn shortfall has been forecast this financial year, but Daniel Mookhey says any cuts to be made will be in areas that ‘don’t affect people’
The New South Wales, treasurer Daniel Mookhey, says Labor’s first budget for the state in more than a decade will lay the groundwork for future reform, make cuts “in areas that don’t affect people” and provide support for a “once in a generation” cost-of-living crisis.
“We are looking for every available opportunity we can to provide practical assistance to people,” he said.
More Stories
China ‘evaluating’ US offer to engage in trade negotiations
Federal election 2025 live: Australia polls open, voting begins; Anthony Albanese and Peter Dutton on election day campaign for Labor and Coalition – latest news
AfD ‘extremist’ label sets up political high-wire act for Friedrich Merz