US EditionThe winners and losers from the 2025 NSW budget
- NSW Treasurer Daniel Mookhey delivered his third budget on June 24, 2025, focusing on housing, infrastructure, and social support across NSW.
- The budget responds to housing supply shortages and economic challenges including low growth and reduced GST revenue, with plans to ease pressure on residents and the economy.
- Key measures include a $5.1 billion plan to build 8,400 social homes, a $1 billion pre-sale finance guarantee for developers, a permanent 50% land tax discount for build-to-rent projects, and $9 billion infrastructure spending to support fast-growing communities.
- Foster carers receive a 20% allowance increase from January 2026, while police, health, education, and child protection sectors gain billions in funding; meanwhile, the $60 toll cap expires in January 2026 amid costly contract disputes.
- The budget forecasts a $3.4 billion deficit for 2025-26 with a return to surplus expected in 2026-27, reflecting restrained spending while investing in long-term housing and community resilience.
Insights by Ground AI
Does this summary seem wrong?
67 Articles
67 Articles
All
Left
28
Center
1
Right
7
Coverage Details
Total News Sources67
Leaning Left28Leaning Right7Center1Last UpdatedBias Distribution78% Left
Bias Distribution
- 78% of the sources lean Left
78% Left
L 78%
R 19%
Factuality
To view factuality data please Upgrade to Premium
