NSW Government Spending Spree | Blog

Posted 06-07-2016
Category News

The NSW Government is forecasting a $3.7 billion surplus in 2016-17 with forecast surpluses over the next four years averaging an additional $2 billion each year.

The budget surplus means a record of $73.3 billion will be spent on infrastructure over the next four years. This ambitious infrastructure programme sees $41.5 billion in the transport cluster alone over the four year budget cycle.

Transport and road funding highlights in 2016-17 includes, $2.9 billion allocated to WestConnex; $2.1 billion on upgrades to key regional highways; and $2.7 billion to deliver Sydney Metro (including $1.3 billion for Sydney Metro Northwest and $1.4 billion for Sydney Metro City and Southwest).