The NSW Opposition has slammed Labor\u2019s Budget of blame for delivering more deficits, higher taxes and less investment while ignoring the cost of living crisis. \u00a0
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Leader of the Opposition Mark Speakman said despite the Minns Labor Government\u2019s taxes bringing in record revenues, NSW is facing more real cuts to overall health, education and infrastructure spending and a long line of deficits.
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\u201cInstead of helping struggling households and small businesses, Chris Minns is imposing more taxes and blaming everyone, from Canberra to Donald Trump, for his Government\u2019s budget mismanagement instead of the real culprit \u2013 their unfunded deals with union bosses,\u201d Mr Speakman said.
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\u201cBefore the election, Labor promised that their union deals would cost the Budget nothing but they are costing at least $9 billion, and that\u2019s without taking into account more than $6 billion in current union wage demands for which no money has been provided in this Budget.\u201d
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\u201cThis is a Government of excuses. Chris Minns\u2019 broken promises mean less money for our schools and hospitals, less investment in our roads and key infrastructure and less cost of living support.\u201d
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Leader of the Nationals Dugald Saunders said this bleak Budget fails to consider the needs of NSW\u2019s regional residents.
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\u201cThere are concerning cuts to the money that will be rolled out by the Department of Regional NSW, including for natural disaster support, and hardly any new funding to combat biosecurity threats,\u201d Mr Saunders said.
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\u201cCapital investment is also going backwards in the bush when it comes to schools and hospitals, so there\u2019s no good news for our hard-working farmers and families.\u201d
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Shadow Treasurer Damien Tudehope said the Minns Labor Government was adding to the state\u2019s debt burden, creating a line of deficits as far as the eye can see, while making farcical claims about the GST.
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\u201cRather than blaming Canberra, Chris Minns and Daniel Mookhey need to look in the mirror for the reason behind their deficits,\u201d said Mr Tudehope. \u201cThe Minns Labor Government have added more than $11.5 billion in deficits over the next four years, taking our net debt to $139 billion by June 2028 – more than doubling our interest payments to $8.6 billion a year.\u201d
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\u201cChris Minns and Daniel Mookhey attempts to blame Canberra for an alleged $11.9 billion GST rip-off is undone by their own Budget papers, which clearly say that \u2018over the four years to 2027-28, GST revenue has been revised down by $6.2 billion\u2019.\u201d
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\u201cThis Budget shows the cost of Labor\u2019s union deals, with employee expenses set to blow out to at least 45.5% of Budget expenditure by 2026-27.\u201d
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Shadow Minister for Finance Eleni Petinos said the second Minns-Mookhey Budget delivers no relief for NSW households suffering from Labor\u2019s cost of living crisis, instead increasing taxes.
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\u201cThe Labor Government\u2019s deficits now have NSW firmly on track to lose our AAA credit rating, while they\u2019re hoping to get the people of this state to buy their spin.\u201d
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\u201cThis is a budget that sends NSW households and small businesses backwards, adding more than $6 billion extra tax in the next 3 years – it\u2019s the same old Labor.\u201d
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Mr Speakman concluded by saying the Minns Labor Government\u2019s Budget leaves families and households across NSW behind at a time when they should be supported by their Government.<\/p>\n","protected":false},"excerpt":{"rendered":"
The NSW Opposition has slammed Labor\u2019s Budget of blame for delivering more deficits, higher taxes and less investment while ignoring the cost of living crisis. \u00a0\u00a0Leader of the Opposition Mark Speakman said despite the Minns Labor Government\u2019s taxes bringing in record revenues, NSW is facing more real cuts to overall health, education and infrastructure spending … Continue reading “Labor\u2019s budget of blame lets NSW down”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27301","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/27301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=27301"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/27301\/revisions"}],"predecessor-version":[{"id":27302,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/27301\/revisions\/27302"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=27301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=27301"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=27301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}