US EditionThe winners and losers from the 2025 NSW budget
NEW SOUTH WALES, AUSTRALIA, JUN 24 – The NSW budget allocates $1.2 billion to child protection and commits to delivering 377,000 new homes by 2029, with major investments in Western Sydney infrastructure.
- 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.
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69 Articles
Coverage Details
Total News Sources69
Leaning Left30Leaning Right7Center1Last UpdatedBias Distribution79% Left
Bias Distribution
- 79% of the sources lean Left
79% Left
L 79%
R 18%
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