NSW Government to hand down 2023/24 Budget in September

·

NSW Treasurer Daniel Mookhey today announced the NSW Government will hand down the 2023-24
Budget in September.

The Budget will be informed by a Comprehensive Expenditure Review, which is needed to give an accurate picture of the state of the NSW Budget. This review will be led by Minister for Finance
Courtney Houssos.

Mr Mookhey also announced today a Strategic Infrastructure Review of significant capital works, to be led by Ken Kanofski and supported by Infrastructure NSW.

Treasury has advised the Government in recent weeks of “difficult to avoid pressures” on the
Budget, which must be addressed.

“We have been left with around $7 billion of difficult to avoid pressures over the next four years,
including in an unfunded nursing workforce program, Out of Home Care and in the office of cyber
security,” Mr Mookhey said.

The Treasurer will update the people of NSW via an Economic Statement to the Parliament in June.

The September Budget timing is consistent with the practice of previous incoming governments, for
example the first Baird Budget, delivered in September 2011 following a March election.

“I have been receiving briefings from Treasury Officials and I have met with stakeholders over the
past few weeks,” Mr Mookhey said.

“I’m going to be honest with the people of NSW – we are inheriting significant economic challenges and difficult to avoid pressures on the Budget, including unfunded government programs.

“We also know that the former government has handed over to us the largest debt in our State’s
history.

“We have high inflation, higher interest rates, historic debt – and this is about painting a full and
honest picture of what is really going on.”

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Step into the world of mental health with Georgia Cassimatis’ latest book

Greek Australian author and journalist, Georgia Cassimatis, has released a book all about exploring the world of mental health.

GOCNSW Welfare Service to put a spotlight on cyber security awareness

The Greek Orthodox Community of NSW’s (GOCNSW) Welfare Service has organised three Cyber Security Awareness education and training workshops.

Marriage of a Greek woman abroad: What to watch out for

It is during this registration process that numerous problems arise, which are not dealt with immediately but later on.

Athena Competition Greek winners show olive oil diversity

By Lisa Radinovsky from Greek Liquid Gold. At the 10th anniversary edition of the ATHENA International Olive Oil Competition in Chania, Crete, Greece in May, 175 Greek olive oils...

Greece’s island communities face population crisis

The demographic decline in Greece is hitting its islands hard, with Lemnos and Agios Efstratios showing alarming signs of aging populations.

You May Also Like

Annual Yarraville Festival brings Hellenism to Victoria

The heart of Melbourne's Yarraville was once again transformed into the ultimate Hellenic festival on Sunday, March 17. Read more here.

Shadow Minister slams government inaction as Google cuts ethnic media funding deal early

Google's early exit from a key funding deal puts independent Australian media at risk, drawing backlash from federal Opposition.

Basil Zempilas hits back at Crown Perth boss for claim against city

Perth Lord Mayor Basil Zempilas has hit back at claims made by Crown Perth's CEO, that the city lacks vibrancy and things to do.