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Thursday, December 18, 2025

Key Things to Know About the NSW Budget

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NSW Treasurer Daniel Mookhey revealed the budget deficit has been trimmed down to $3.4 billion.

Key Things to Know About the NSW Budget

NSW Treasurer Daniel Mookhey speaks to media during a press conference at Randwick Ambulance Station in Sydney, Australia, on Dec. 13, 2023. AAP Image/Dan Himbrechts

Naziya Alvi Rahman

|Updated:

New South Wales (NSW) Treasurer Daniel Mookhey has handed down a no-frills third budget, trading quick fixes for deep reforms as the state chases long-term recovery.

Gone are new cost-of-living sweeteners, with the government doubling down on housing, child protection and infrastructure while leaning on Canberra for short-term relief.

Naziya Alvi Rahman

Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].

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