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Every child in NSW will gain a financial head-start under a life-changing Liberal plan to futureproof the finances of generations to come, giving them the best start to life.

This is the most significant financial security investment in NSW history.

Under a re-elected Perrottet Liberal Government, every child in Drummoyne aged 10 and under – and continuing each year with every newborn child – will be eligible for a Kids Future Fund account, which will receive a $400 starting payment from the Government.

Parents and grandparents will be able to contribute to the fund each year, with payments matched by the Government up to $400 per year, with interest also earned over time.

Once the child turns 18 they will be able to withdraw from their fund – which could be worth between $28,000 and $49,000 per child – for education and housing so they can begin to secure their own financial future.

Liberal candidate for Drummoyne, Stephanie Di Pasqua, said this landmark initiative is the first of its kind in Australia and will help provide financial security to an entire generation in Drummoyne.

“This investment will change the lives of children in Drummoyne and across NSW forever” Ms Di Pasqua said.

“It will give generations to come the financial foundation for the rest of their life.”

“By making small investments over time, we will be able to grow the wealth of an entire generation in Drummoyne so they can secure their financial future with education and housing.

“This is a way for families and Government to work together to invest in our next generation.”

“We know that grandparents want the best start in life for their grandchildren.”

“For some kids in Drummoyne, there could be up to six adults contributing to a child’s account, making small investments over time” Ms Di Pasqua said.

The Kids Future Fund:

• Each account will receive an initial $400 contribution provided by the Government when it is created.
• Each year, the child’s parents (or grandparents) will be able to contribute up to $1,000 per year to the account. The Government will match these contributions up to $400 per year until the child turns 18.  
• If parents (or grandparents) make a contribution of $400 each year, alongside the Government’s co-contribution, the fund is expected to be around $28,500 by the time the child turns 18. 
• If parents (or grandparents) contribute the maximum amount of $1,000 per year, the fund is expected to be around $49,000.
• For families receiving Commonwealth Family Tax Benefit A, the Government will automatically contribute $200 a year to the child’s account without requiring a matched contribution from parents (or grandparents). 
• If the parents (or grandparents) also contribute $200 each year, the Government will match this with an additional $200.
• Contributions can be made to the fund after the child turns 18, however the Government will not provide any further matched contributions. 
• When the child turns 18 they will be able to draw down on the fund for only two purposes:
  • Housing – e.g. a contribution towards purchasing a residential property
  • Education – e.g. textbooks and other learning materials, laptops, private tuition fees, micro-credentials, tools required for getting a qualification
• The fund will be open for children aged up to 10 years old (in the 2023 calendar year). From 2024, new accounts will only be created for newborns.
• There are around 974,000 babies and children aged up to 10 years old in NSW in 2023.
• There are around 100,000 babies born in NSW each year. 

Liberal candidate for Kogarah, Craig Chung, welcomes the announcement that families and children across St George are a step closer to making a splash at Carss Park Pool, thanks to a $40 million commitment from the NSW Liberal Government.

“This is a wonderful win for the locals of Kogarah.” Mr Chung said.

“I am proud to be part of the Perrottet Liberal Team that cares about local communities, investing in upgrading facilities like Carss Park Pool.”

Treasurer Matt Kean said a re-elected Liberal Government would help the local council rebuild and restore Carss Park Pool into a state-of-the-art aquatic centre.

“Heading to your local swimming spot is a way of life for many of us and this major investment will restore one of the community’s most treasured facilities,” Mr Kean said.

“Investments like this in local community infrastructure are only possible because of the Liberal and Nationals Government’s long-term economic plan to keep NSW moving forward.”

The upgraded facility will include a new multi-use 50 metre pool and a 25 metre learn to swim pool, as well as a splash pad, gym and fitness area, cafe and kitchen, wet and dry seating areas, accessible change facilities, operational offices and 184 additional parking spaces.

Member for Oatley Mark Coure said this investment will help the local council return a much-loved pool back to the St George area.

“Olympians, world record holders and locals have been using this iconic facility for generations, and I know how much restoring it to its former glory will mean for everyone,” Mr Coure said.

“This investment is so much more than returning a pool to the St George area, but it is recongising the history and importance it carries, and I am so proud to say that it is the NSW Liberals and Nationals that are standing up to help make its return a reality.”

Minister for Sport Alister Henskens said the Liberal and Nationals have a strong track record of delivering community sport and recreation facilities.

“The NSW Liberal and Nationals Government has invested more than $2 billion in grassroots community sports infrastructure and programs since 2017, and we continue to upgrade important community assets like Carss Park Pool to ensure people can participate in sport and recreation,” Mr Henskens said.

Frontline emergency care for residents in South West Sydney has received a major boost, with a new ambulance station set to be built in Prestons, additional to the new station announced for Raby at last year’s Budget.

Liberal candidate for Holsworthy Tina Ayyad welcomed the news saying it is only a Liberal and Nationals Government that can deliver the infrastructure the Holsworthy community needs.

“This new ambulance station in Prestons will improve health services in our community, generate economic benefits by delivering local jobs and enhance working conditions for our paramedics,” Ms Ayyad said.

“The new station will include a range of modern facilities, including internal parking for emergency ambulance vehicles, vehicle wash facilities, multipurpose spaces for staff education and rest, logistics and storage spaces, and an office area for administration.”

Minister for Health Brad Hazzard said the announcement forms part of a record $1.76 billion NSW Government investment which will transform NSW Ambulance services over the next four years with more than 2,000 extra staff, including 1,858 paramedics, and 30 new ambulance stations across NSW.

“Ambulance services are experiencing unprecedented demand and this new station will not only keep us ahead of the curve but provide our hardworking paramedics with first-class facilities as they assist communities in their time of need,” Mr Hazzard said.

“The NSW Government is investing in ambulance stations right across the state to ensure communities continue to receive emergency care when they need it, no matter where they live.”

NSW Ambulance identifies suitable locations to improve ambulance response times for patients using best practice modelling software that maps Triple Zero call demands.

Minister Hazzard said the exact location for the new ambulance station at Prestons will be determined once further planning is completed which includes working with key stakeholders to identify a suitable site.

“We will shortly commence a process to identify potential sites for the new ambulance station. This process will ensure we best meet the needs of the community and our emergency staff,” Mr Hazzard said.

“This process is also currently underway for the new ambulance station set to be built in Raby, as recently announced by the NSW Government.”

The NSW Government is committed to increasing the capacity of NSW Ambulance. In total, more than $1 billion is being invested across three major NSW Ambulance infrastructure programs, with more than 100 projects announced since 2014.

The NSW Government’s $1 billion investment in NSW Ambulance infrastructure includes:

• • Sydney Ambulance Metropolitan Infrastructure Strategy ($184 million) – 19 projects – 18 projects completed to date with one due for completion late 2023. Program began 2014
• • NSW Ambulance Infrastructure Program ($615.5 million) 30 projects – 8 in early planning. Program announced in 2022-23 State Budget.
• • RAIR program Stage 1 & 2 ($232 million) – 54 projects – 39 complete, 15 underway. Program began 2015.

The new ambulance stations at Prestons and Raby are being delivered as part of the $615.5 million NSW Ambulance Infrastructure program.

Liberal Candidate for South Coast, Luke Sikora, welcomes the announcement that a re-elected Perrottet Liberal Government will invest $900,000 to complete the Myola Active Transport Improvement Project, delivering on a long-held priority of the South Coast community to improve active and public transport.

“The funding will provide better walking infrastructure to connect Myola to the ferry to Huskisson and to the renowned Round the Bay Walking Track, and an improved car park and public amenities.” Mr Sikora said.

“This is another great example of the Perrottet Liberal Government investing in local communities through the infrastructure needed to keep the South Coast moving forward.”

Minister for Infrastructure, Cities and Active Transport Rob Stokes said funding for this initiative was the latest example of the NSW Liberal and Nationals’ $1.2 billion investment in active transport infrastructure across NSW.

“The South Coast is one of our state’s true gems and making it a better place to walk around is something the community has been crying out for,” Mr Stokes said.

“This will be a major win for residents, businesses and tourists, making it easier to get to the shops, walk to the ferry or simply enjoy the beautiful Myola scenery.

“The local community has called for this important local investment over many years, so we’re committing to getting this project built and enjoyed as quickly as possible.

“Being able to easily get into the great outdoors is what makes the South Coast such a fantastic place to live, work and play. This project will make that even easier and more accessible for more local families.”

Frontline emergency care for residents in Doonside and surrounds has received a major boost, with a new ambulance station set to be built thanks to the NSW Liberal and Nationals Government’s record investment in NSW Ambulance.

Liberal candidate for Blacktown Allan Green welcomed the news which he says will ensure that the local community has improved access to emergency care when and where they need it most.

“Not only will this new ambulance station boost local health services and bring more jobs to the local area, it will also provide a better working environment for our paramedics who are doing their utmost to serve our community,” Mr Green said.

“The new station will feature internal parking for emergency ambulance vehicles, vehicle wash facilities, multipurpose spaces to support staff education and rest, logistics and storage spaces, an office area for administration as well as staff amenities.”

Minister for Health Brad Hazzard said the announcement forms part of a record $1.76 billion NSW Government investment which will transform NSW Ambulance services over the next four years with more than 2,000 extra staff, including 1,858 paramedics, and 30 new ambulance stations across NSW.

“Ambulance services are experiencing unprecedented demand and this new station will not only keep us ahead of the curve but provide our hardworking paramedics with first-class facilities as they assist communities in their time of need,” Mr Hazzard said.

“The NSW Government is investing in ambulance stations right across the state to ensure communities continue to receive emergency care when they need it, no matter where they live.”

NSW Ambulance identifies suitable locations to improve ambulance response times for patients using best practice modelling software that maps Triple Zero call demands.

Minister Hazzard said the exact location for the new ambulance station at Doonside will be determined once further planning is completed which includes working with key stakeholders to identify a suitable site.

“We will shortly commence a process to identify potential sites for the new ambulance station. This process will ensure we best meet the needs of the community and our emergency staff.”

The NSW Government is committed to increasing the capacity of NSW Ambulance. In total, more than $1 billion is being invested across three major NSW Ambulance infrastructure programs, with more than 100 projects announced since 2014.

The NSW Government’s $1 billion investment in NSW Ambulance infrastructure includes:

• Sydney Ambulance Metropolitan Infrastructure Strategy ($184 million) – 19 projects – 18 projects completed to date with one due for completion late 2023. Program began 2014
• NSW Ambulance Infrastructure Program ($615.5 million) 30 projects – 8 in early planning. Program announced in 2022-23 State Budget.
• RAIR program Stage 1 & 2 ($232 million) – 54 projects – 39 complete, 15 underway. Program began 2015.

The new ambulance station at Doonside is being delivered as part of the $615.5 million NSW Ambulance Infrastructure program.

The NSW Liberal and Nationals Government will develop its own set of natural capital accounts and integrate them into the State’s balance sheet, allowing the value of natural capital to be tracked over time.

Minister for Environment James Griffin said the re-elected Government will calculate the value of nature in the State to better protect the environment, unlock new opportunities for investment and economic growth, and ensure a natural capital surplus is delivered each year.

“The evidence is clear: for a strong economy, we need a healthy environment, and by calculating the value of our natural assets, we’ll be able to better protect them for future generations, ensuring decisions take their value into account,” Mr Griffin said.

“Natural capital is a way of thinking about nature in much the same way as traditional capital – if we invest in nature, it creates value, and if we degrade it, we limit its value.

“Calculating the value of nature in NSW sends a signal that, like other major economies such as the United Kingdom, we’re recognising and investing in natural capital for the benefit of our environment and economy, and opening up new economic opportunities right across the State.

“Establishing our natural capital accounts will provide the private landholders who own and manage about 70 per cent of the land in NSW with tools and information to benefit from new investment opportunities and address emerging risks – a partnership for productivity and conservation.”

This builds upon actions the NSW Liberal and Nationals Government is already delivering to boost natural capital, including through restoration programs and conservation agreements between private landholders and the Biodiversity Conservation Trust, and the $206 million Nature Positive Farming program.

Natural capital is a global movement, and by establishing new investment opportunities, NSW will lead the way in building greater economic and climate resilience, and support new and emerging industries while improving the environment.

Calculating the value of natural capital in NSW will be an Australian first and will help to:

· Support conservation, restoration and active management of the State’s landscapes

· Deliver new income streams for landholders as new sustainable investment models emerge

· Reward good environmental stewardship through market-based financial incentives

· Ensure long-term sustainable land use, by improving economic and investment decision-making.

The NSW Liberal and Nationals Government has already established some natural capital accounts for targeted use, such as the valuation of the national park estate, finding it provides about $18 billion worth of value to the NSW economy each year.

This $7 million commitment expands the accounts to all natural assets in NSW, and will be delivered in a partnership with leading organisations in natural capital accounting.

More than 50 per cent of global GDP is dependent on nature, and Australia ranks fifth of 140 countries that are likely to experience the highest economic losses if environmental challenges are not addressed.

To read more about the NSW Natural Capital Statement of Intent, visit: https://www.nsw.gov.au/media-releases/environmental-programs

Billions of dollars will be injected into the NSW economy and productivity boosted under a re-elected Liberal plan to raise the speed limit on WestConnex to 90km.

Commuters from Western Sydney will also be able to get to where they need to faster under the plan, which will boost productivity by supporting jobs and keeping freight moving, placing downward pressure on supply chain costs.

Premier Dominic Perrottet said under this plan the Liberal and Nationals would cut travel times for people in Sydney’s west and inject billions of dollars into the economy.

“WestConnex has been a game-changer when it comes to moving around our city, connecting Sydney’s western suburbs like never before,” Mr Perrottet said.

“Western Sydney is the engine room of the state’s economy and WestConnex is already providing a major boost to the region by supporting jobs and keeping people and freight moving.

“Increasing the speed limit in WestConnex would mean drivers spend less time on the road and more time doing the things most important to them.

“The productivity savings from this are huge. By slashing travel times on WestConnex alone, we could inject more than $80 million back into the NSW economy every year through productivity gains.

“This will make a real difference to the everyday lives of people across our city, but particularly in the west, and is only possible under the Liberal and Nationals which have the long-term economic plan to keep NSW moving forward.”

The change to the speed limit on WestConnex will occur subject to a final safety review by Transport for NSW.

If re-elected, the Liberal and Nationals Government will also direct Transport for NSW to commence a broader review into speed limits on Sydney motorways where it is currently limited to 80 km/hour, with an intention to increase these to 90 km/hour where it is deemed safe to do so.

Minister for Metropolitan Roads Natalie Ward said the broader review would be carried out by Transport for NSW, and would look at all motorways including NorthConnex, M5 South-West and the M4.

“The first step is a review because safety is our number one priority and that will always be factored into the effort to reduce travel times around the Sydney road network,” Mrs Ward said.

“We will also look at changing speed limits on motorways so tradies, tourists, families and everyone trying to get from A to B has a more consistent journey.

“Keeping people moving on our motorways is critical, with congestion costing the economy billions of dollars through lost productivity every year.”

Recommendations from the review will be delivered to Government by the end of 2023.

A re-elected Liberal and Nationals Government will provide commuters with a yearly saving of up to $480 by cutting the weekly Opal cap by 20 per cent, putting more money back in the pockets of hardworking families.

Under the plan, the weekly adult cap will be cut from $50 to $40, while the cap for concession holders will be cut from $25 to $20.

Premier Dominic Perrottet said this would make a big difference to family budgets, putting more money back in their pockets for other weekly essentials.

“We recognise there are significant household budget pressures right now and that is why we will deliver significant cost relief for commuters,” Mr Perrottet said.

“We will slash the weekly caps on public transport fares by 20 per cent, putting more money back in the pockets of hard working families.

“For the average commuter who hits the cap every week and works 11 months of the year, this could provide up to $480 in transport cost relief.

“Commuters will be able to travel across the entire transport network – on our ferries, trains, metro, buses and light rail services – as many times as they like without paying more than $40 a week, while students and concession holders will only pay $20 a week.

“This will deliver more than a thousand dollars’ worth of savings to some families who rely on public transport for their daily commute.

“Families in Sydney west stand to save the most, with commuters travelling from Penrith to the city by train for example to hit the cap on Wednesday morning instead of Thursday, saving them a whole day of fares.

“Only a Liberal and Nationals Government will cut the cost of travel thanks to our long-term economic plan to keep NSW moving forward.”

Minister for Transport, Veterans and Western Sydney David Elliott said if re-elected a Liberal and Nationals Government would introduce the discount from May this year.

“The weekly savings on public transport fares will put cash back in the pockets of everyone who uses public transport regularly – for a family of two adults and 2 kids, this could mean an annual saving of nearly $1,400 a year in the household budget,” Mr Elliott said.

“The reduced cap means Adult Opal card commuters will save $10 a week or $480 a year (based on 48 weeks of travel).

“The Child/Youth and Concession weekly Opal cap will also be reduced from the current $25 cap to $20 – a saving of $5 a week or $200 a year (based on 40 weeks travel for school/tertiary education).”

The weekly travel caps would be in place on all trains, metros, buses, light rail and ferries from 1 May 2023 to 30 June 2024 and would apply when you travel with an Opal card or credit card, debit card or linked device on public transport in the Opal network.

This weekly travel discount is yet another commitment a re-elected Liberal and Nationals Government will deliver to help ease cost of living pressures for families.

It is in addition to $7 billion already delivered in cost of living measures including more than 70 rebates, like our $250 energy rebate, toll relief program, small business rebate, our active kids and creative kids vouchers, regional seniors travel card, first lap swim vouchers, solar for low income households program and more.

The state’s Chinese communities will once again be supported to hold cultural celebrations and festivals by a re-elected Perrottet Liberal Government.  

Minister for Multiculturalism Mark Coure said a re-elected Liberal Government will invest $900,000 over four years to help Chinese communities celebrate major events and festivals across the state.

“We believe in helping our state’s diverse communities be proud of who they are, and one of the ways we do that is by helping them celebrate their culture with everyone,” Mr Coure said.

“We are once again committing to support to Chinese communities by providing $225,000 a year for four years to do just that.”

Over the past four years, the Perrottet Liberals invested more than $800,000 into Chinese community groups and organisations to host events and festivals throughout the state.

NSW Liberal candidate for Ryde Jordan Lane said the Chinese community has long been an integral part of the state’s multicultural society.

“For generations, the Chinese community has been helping build our state, especially in my local area of Ryde, to be the great place it is today and has a lot to be proud of,” Mr Lane said.

“Holding major cultural festivals and events is one way to showcase that pride, but also to bring people together and see while we are different, we are also very much the same.”