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The Advertiser
24-06-2025
- Business
- The Advertiser
Housing, TAFE, arts budget boosts as state growth slows
THE FIGURES NSW state economy - $880 billion Growth in 2025/26 - 1.75 per cent (stable) Revenue - $124.2b (up 5.1 per cent) Expenses - $127.6b (up 3.0) Budget result - $3.4b deficit Gross debt - $178.8 billion Unemployment rate - 4.25 per cent (up from 4.0 per cent) BUDGET ANNOUNCEMENTS HOUSING * An Australian-first $1 billion pre-sale fund to help get 15,000 low- and medium-density homes off the ground * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date COMMUNITIES * $1.2 billion on child protection, including substantial boost for foster carer allowances * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks * $25.8 million to support community sport * $6 million for animal rehoming organisations ARTS * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280.6 million in rebates for the screen and digital games sector * $40.6 million for 24-hour Commissioner and Sound NSW TRANSPORT: * $452 million to increase bus services, including 50 new "bendy" buses and more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport and $250 million to finish the widening of Mona Vale Rd, a critical artery in north Sydney. * Major road upgrades in Dapto and Queanbeyan and repairs in flood-affected Hunter and Northern Rivers EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity and hardware upgrades to NSW Police * $227 million across five years to help victims of violent crime access counselling * About $100 million to upgrade the state's busiest courthouse and employ more prosecutors, solicitors and witness assistance officers INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects THE FIGURES NSW state economy - $880 billion Growth in 2025/26 - 1.75 per cent (stable) Revenue - $124.2b (up 5.1 per cent) Expenses - $127.6b (up 3.0) Budget result - $3.4b deficit Gross debt - $178.8 billion Unemployment rate - 4.25 per cent (up from 4.0 per cent) BUDGET ANNOUNCEMENTS HOUSING * An Australian-first $1 billion pre-sale fund to help get 15,000 low- and medium-density homes off the ground * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date COMMUNITIES * $1.2 billion on child protection, including substantial boost for foster carer allowances * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks * $25.8 million to support community sport * $6 million for animal rehoming organisations ARTS * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280.6 million in rebates for the screen and digital games sector * $40.6 million for 24-hour Commissioner and Sound NSW TRANSPORT: * $452 million to increase bus services, including 50 new "bendy" buses and more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport and $250 million to finish the widening of Mona Vale Rd, a critical artery in north Sydney. * Major road upgrades in Dapto and Queanbeyan and repairs in flood-affected Hunter and Northern Rivers EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity and hardware upgrades to NSW Police * $227 million across five years to help victims of violent crime access counselling * About $100 million to upgrade the state's busiest courthouse and employ more prosecutors, solicitors and witness assistance officers INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects THE FIGURES NSW state economy - $880 billion Growth in 2025/26 - 1.75 per cent (stable) Revenue - $124.2b (up 5.1 per cent) Expenses - $127.6b (up 3.0) Budget result - $3.4b deficit Gross debt - $178.8 billion Unemployment rate - 4.25 per cent (up from 4.0 per cent) BUDGET ANNOUNCEMENTS HOUSING * An Australian-first $1 billion pre-sale fund to help get 15,000 low- and medium-density homes off the ground * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date COMMUNITIES * $1.2 billion on child protection, including substantial boost for foster carer allowances * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks * $25.8 million to support community sport * $6 million for animal rehoming organisations ARTS * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280.6 million in rebates for the screen and digital games sector * $40.6 million for 24-hour Commissioner and Sound NSW TRANSPORT: * $452 million to increase bus services, including 50 new "bendy" buses and more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport and $250 million to finish the widening of Mona Vale Rd, a critical artery in north Sydney. * Major road upgrades in Dapto and Queanbeyan and repairs in flood-affected Hunter and Northern Rivers EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity and hardware upgrades to NSW Police * $227 million across five years to help victims of violent crime access counselling * About $100 million to upgrade the state's busiest courthouse and employ more prosecutors, solicitors and witness assistance officers INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects THE FIGURES NSW state economy - $880 billion Growth in 2025/26 - 1.75 per cent (stable) Revenue - $124.2b (up 5.1 per cent) Expenses - $127.6b (up 3.0) Budget result - $3.4b deficit Gross debt - $178.8 billion Unemployment rate - 4.25 per cent (up from 4.0 per cent) BUDGET ANNOUNCEMENTS HOUSING * An Australian-first $1 billion pre-sale fund to help get 15,000 low- and medium-density homes off the ground * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date COMMUNITIES * $1.2 billion on child protection, including substantial boost for foster carer allowances * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks * $25.8 million to support community sport * $6 million for animal rehoming organisations ARTS * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280.6 million in rebates for the screen and digital games sector * $40.6 million for 24-hour Commissioner and Sound NSW TRANSPORT: * $452 million to increase bus services, including 50 new "bendy" buses and more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport and $250 million to finish the widening of Mona Vale Rd, a critical artery in north Sydney. * Major road upgrades in Dapto and Queanbeyan and repairs in flood-affected Hunter and Northern Rivers EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity and hardware upgrades to NSW Police * $227 million across five years to help victims of violent crime access counselling * About $100 million to upgrade the state's busiest courthouse and employ more prosecutors, solicitors and witness assistance officers INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects
Perth Now
24-06-2025
- Business
- Perth Now
Housing, TAFE, arts budget boosts as state growth slows
THE FIGURES NSW state economy - $880 billion Growth in 2025/26 - 1.75 per cent (stable) Revenue - $124.2b (up 5.1 per cent) Expenses - $127.6b (up 3.0) Budget result - $3.4b deficit Gross debt - $178.8 billion Unemployment rate - 4.25 per cent (up from 4.0 per cent) BUDGET ANNOUNCEMENTS HOUSING * An Australian-first $1 billion pre-sale fund to help get 15,000 low- and medium-density homes off the ground * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date COMMUNITIES * $1.2 billion on child protection, including substantial boost for foster carer allowances * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks * $25.8 million to support community sport * $6 million for animal rehoming organisations ARTS * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280.6 million in rebates for the screen and digital games sector * $40.6 million for 24-hour Commissioner and Sound NSW TRANSPORT: * $452 million to increase bus services, including 50 new "bendy" buses and more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport and $250 million to finish the widening of Mona Vale Rd, a critical artery in north Sydney. * Major road upgrades in Dapto and Queanbeyan and repairs in flood-affected Hunter and Northern Rivers EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity and hardware upgrades to NSW Police * $227 million across five years to help victims of violent crime access counselling * About $100 million to upgrade the state's busiest courthouse and employ more prosecutors, solicitors and witness assistance officers INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects
The Advertiser
23-06-2025
- Business
- The Advertiser
Back-to-basics budget with billions for infrastructure
Roads, schools, TAFEs and hospitals are the big-ticket items unveiled so far as part of a NSW budget focused on infrastructure investments. NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to buy 50 new "bendy" buses and $150 million for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million * $250 million to break the traffic pinch-point of Mona Vale Rd, a critical artery in north Sydney, matched by $250 million from the federal government to expand the road from two to four lanes EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities, including three new public primary schools with attached public preschools in west and southwest Sydney * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, including $50 million to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million across five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for more solicitors HOUSING: * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct, housing wind turbines and electrical transformers used in renewable energy projects, for $115.5 million * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector, including rebates for NSW-based visual effects and digital games productions Roads, schools, TAFEs and hospitals are the big-ticket items unveiled so far as part of a NSW budget focused on infrastructure investments. NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to buy 50 new "bendy" buses and $150 million for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million * $250 million to break the traffic pinch-point of Mona Vale Rd, a critical artery in north Sydney, matched by $250 million from the federal government to expand the road from two to four lanes EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities, including three new public primary schools with attached public preschools in west and southwest Sydney * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, including $50 million to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million across five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for more solicitors HOUSING: * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct, housing wind turbines and electrical transformers used in renewable energy projects, for $115.5 million * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector, including rebates for NSW-based visual effects and digital games productions Roads, schools, TAFEs and hospitals are the big-ticket items unveiled so far as part of a NSW budget focused on infrastructure investments. NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to buy 50 new "bendy" buses and $150 million for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million * $250 million to break the traffic pinch-point of Mona Vale Rd, a critical artery in north Sydney, matched by $250 million from the federal government to expand the road from two to four lanes EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities, including three new public primary schools with attached public preschools in west and southwest Sydney * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, including $50 million to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million across five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for more solicitors HOUSING: * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct, housing wind turbines and electrical transformers used in renewable energy projects, for $115.5 million * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector, including rebates for NSW-based visual effects and digital games productions Roads, schools, TAFEs and hospitals are the big-ticket items unveiled so far as part of a NSW budget focused on infrastructure investments. NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to buy 50 new "bendy" buses and $150 million for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million * $250 million to break the traffic pinch-point of Mona Vale Rd, a critical artery in north Sydney, matched by $250 million from the federal government to expand the road from two to four lanes EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities, including three new public primary schools with attached public preschools in west and southwest Sydney * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, including $50 million to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million across five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for more solicitors HOUSING: * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct, housing wind turbines and electrical transformers used in renewable energy projects, for $115.5 million * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector, including rebates for NSW-based visual effects and digital games productions
Perth Now
23-06-2025
- Business
- Perth Now
Back-to-basics budget with billions for infrastructure
Roads, schools, TAFEs and hospitals are the big-ticket items unveiled so far as part of a NSW budget focused on infrastructure investments. NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to buy 50 new "bendy" buses and $150 million for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million * $250 million to break the traffic pinch-point of Mona Vale Rd, a critical artery in north Sydney, matched by $250 million from the federal government to expand the road from two to four lanes EDUCATION: * $9 billion across four years for public school infrastructure, largely focused on growing suburban communities, including three new public primary schools with attached public preschools in west and southwest Sydney * $3.4 billion towards TAFE and upskilling, including $40 million to enable 23,000 construction students to complete their apprenticeships for free HEALTH: * Another $700 million towards construction of the $2 billion Bankstown Hospital and relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, with the $492 million investment to include an upgrade to a high-security lab researching dangerous pathogens such as Ebola and measles * $23 million to cut down the overdue surgery list by 3500 * $83 million to bolster maternity care ABORIGINAL AFFAIRS * $202 million for Closing the Gap projects, including $23 million towards community-led suicide prevention programs LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, including $50 million to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million across five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for more solicitors HOUSING: * $145 million across four years for the state's Building Commission to hire more prosecutors, investigators and inspectors to weed out dodgy residential builds * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date INNOVATION AND BUSINESS: * $80 million in innovation funding, including $38.5 million to boost technology hub TechCentral * A four-person Investment Delivery Authority to fast-track planning approvals for billion-dollar projects ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces, including the repair of heritage-listed Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct, housing wind turbines and electrical transformers used in renewable energy projects, for $115.5 million * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * Establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector, including rebates for NSW-based visual effects and digital games productions
The Advertiser
19-06-2025
- Business
- The Advertiser
Schools, buses headline early budget promises
NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to purchase 50 new 'bendy' buses * $150 million of above funds to be used for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million EDUCATION: * $9 billion over four years for public school infrastructure, largely focused in growing suburban communities * Three new public primary schools in west and southwest Sydney with attached public preschools along with one new high school HEALTH: * $700 million towards construction of the new Bankstown Hospital and necessary relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, the $492 million investment includes an upgrade to a high-security lab researching dangerous pathogens like Ebola and measles * $23 million to cover an extra 3500 surgeries in the next year LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, $50 million of which will go to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million over five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for additional solicitors HOUSING * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date * New guidelines to speed up construction of roads, schools and parks around developments ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces including the repair of Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct for $115.5 million which will house wind turbines and electrical transformers used in renewable energy projects * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * The establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector including rebates for NSW-based visual effects and digital games productions NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to purchase 50 new 'bendy' buses * $150 million of above funds to be used for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million EDUCATION: * $9 billion over four years for public school infrastructure, largely focused in growing suburban communities * Three new public primary schools in west and southwest Sydney with attached public preschools along with one new high school HEALTH: * $700 million towards construction of the new Bankstown Hospital and necessary relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, the $492 million investment includes an upgrade to a high-security lab researching dangerous pathogens like Ebola and measles * $23 million to cover an extra 3500 surgeries in the next year LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, $50 million of which will go to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million over five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for additional solicitors HOUSING * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date * New guidelines to speed up construction of roads, schools and parks around developments ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces including the repair of Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct for $115.5 million which will house wind turbines and electrical transformers used in renewable energy projects * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * The establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector including rebates for NSW-based visual effects and digital games productions NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to purchase 50 new 'bendy' buses * $150 million of above funds to be used for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million EDUCATION: * $9 billion over four years for public school infrastructure, largely focused in growing suburban communities * Three new public primary schools in west and southwest Sydney with attached public preschools along with one new high school HEALTH: * $700 million towards construction of the new Bankstown Hospital and necessary relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, the $492 million investment includes an upgrade to a high-security lab researching dangerous pathogens like Ebola and measles * $23 million to cover an extra 3500 surgeries in the next year LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, $50 million of which will go to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million over five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for additional solicitors HOUSING * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date * New guidelines to speed up construction of roads, schools and parks around developments ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces including the repair of Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct for $115.5 million which will house wind turbines and electrical transformers used in renewable energy projects * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * The establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector including rebates for NSW-based visual effects and digital games productions NSW LABOR GOVERNMENT BUDGET PLEDGES TRANSPORT: * $452 million to increase bus services, including $56 million to purchase 50 new 'bendy' buses * $150 million of above funds to be used for more regular school bus services in outer Sydney and regional areas * Road upgrades and new signage around Western Sydney Airport precinct totalling $80 million EDUCATION: * $9 billion over four years for public school infrastructure, largely focused in growing suburban communities * Three new public primary schools in west and southwest Sydney with attached public preschools along with one new high school HEALTH: * $700 million towards construction of the new Bankstown Hospital and necessary relocation of Bankstown TAFE * A statewide pathology hub to be established at Westmead, the $492 million investment includes an upgrade to a high-security lab researching dangerous pathogens like Ebola and measles * $23 million to cover an extra 3500 surgeries in the next year LAW AND ORDER: * $125.8 million for cybersecurity upgrades to NSW Police, $50 million of which will go to upgrade outdated hardware * Victims' Support Service funding boosted by $227 million over five years to help victims of violent crime access counselling * Upgrade of Downing Centre to create 15 new physical and virtual courtrooms and $48.3 million to the Office of the Director of Public Prosecutions for additional solicitors HOUSING * $30.4 million crisis intervention package for homelessness services * Extension of build-to-rent tax concessions beyond slated 2039 end date * New guidelines to speed up construction of roads, schools and parks around developments ENVIRONMENT AND PUBLIC SPACES: * $110 million to maintain public spaces including the repair of Pyrmont Bridge and maintenance of fire trails * Construction of the Newcastle Logistics Precinct for $115.5 million which will house wind turbines and electrical transformers used in renewable energy projects * Commonwealth Veteran Card holders will receive free vehicle entry to all NSW National Parks CULTURE: * The establishment of a $100 million fund to find a suitable location for a second major film studio in Sydney * $280 million to support the screen and digital games sector including rebates for NSW-based visual effects and digital games productions
