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Budget offers short-term sugar hit but there could be bitterness to come (opens original article in a new tab)

TL;DR

NSW's budget provides temporary cost of living relief measures, including toll and registration fee reductions, but faces challenges from uncertain revenue projections and housing sector criticisms.

  • NSW government announced cost of living relief measures including reduced car registration fees and toll caps, but these are temporary until mid-2024.
  • Housing approvals increased by over 50% in the year to December 2025, but developers criticized the budget for not lowering fees or taxes.
  • Treasurer acknowledged budget's reliance on uncertain revenue projections, including GST and property market forecasts, which could impact future financial stability.

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