NSW Treasurer warns of a tough budget due to $11.9b GST hole
- 4 months ago
The state treasurer says the budget is facing a shock that'll be even worse than the Covid-19 pandemic. Daniel Mookhey is forecasting a revenue shortfall of nearly $12 billion dollars as a result of the latest GST carve-up, and he says it's almost certain the state will lose its prized triple a credit rating.