NSW treasurer Daniel Mookhey delivered his second budget on Tuesday, 18th June, complaining that the latest Commonwealth distribution of GST funds had ripped $11.9 billion out of the state over the next four years and doomed NSW to nine years of deficits.
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00:00It's a responsible budget in difficult economic times.
00:03I've just got out of the New South Wales budget lock-up.
00:06Here's what the state budget means for you.
00:09There's been a big injection in terms of social housing.
00:128,400 new social homes will be built at a cost of $5.1 billion.
00:18This budget supports 30,000 new homes directly,
00:24making sure that particularly those who are looking to buy a home,
00:28rent a home or need a safe place to stay get the help that they deserve.
00:34There's $189 million in bulk billing initiatives to ease medical costs of living pressures.
00:40GP practices that bulk bill 70% of their patients can claim a complete tax rebate.
00:46$200 million has been set aside to accommodate health workers in the regions
00:50and $1.4 billion for regional education infrastructure.
00:54Besides the bulk billing initiative, there's little else in terms of cost of living measures.
00:59Small business, so often described as the lifeblood of regional New South Wales,
01:03barely got a mention.
01:04And paediatric services, which we know are so needed in our regions,
01:09they didn't fund regional clinics, which they'd been advocating for.