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

Victorian football community mourns after the passing of Heidelberg United’s Keely Lockhart

The Victorian football community is in mourning following the heartbreaking news of Keely Lockhart’s tragic passing.

Alexia Apostolakis debuts for Matildas in narrow defeat to Panama

Greek Australian teenager Alexia Apostolakis made her senior debut for the CommBank Matildas on Saturday. Read more here.

Greek government to host online seminar for Greeks abroad on tax, business and relocation

An online information seminar designed specifically for Greeks living abroad will be held on Wednesday, July 9, 2025.

Erin Patterson found guilty of mushroom lunch murders

Erin Patterson has been found guilty of murdering three of her relatives by intentionally serving them a meal laced with deadly mushrooms.

Global Summit of Hellenic Lawyers set to launch in Athens

The world’s most distinguished Hellenic legal minds are set to gather in Athens for the inaugural Global Summit of Hellenic Lawyers 2025.

You May Also Like

Niki Louca shares her favourite recipe for Lime Pistachio Cake

Niki Louca from My Greek Kitchen shares her favourite recipe for lime pistachio cake with The Greek Herald. 

On This Day: Independence fighter Ioannis (Brave) Kolokotronis died

Ioannis Kolokotronis was a warrior during the Greek war of Independence and served as a Greek politician and Prime Minister of Greece.

Ferry suspends services after captain’s arrest following Andros incident

SAOS Ferries has suspended its Saonisos ferry services after its captain was arrested following a viral incident at the port of Andros.