Regional NSW will receive record investment under the NSW Government’s $1.3 billion Regional Growth Fund, announced in today's 2017-18 budget.
The budget surplus of $2.7 billion forecast means a record $72.7 billion will be invested over four years into infrastructure.
Budget highlights include a record investment in schools, hospitals and health infrastructure, and financial support for first home buyers. A $100 annual Active Kids rebate will encourage parents to enrol their school-aged kids in community sport.
Treasurer Dominic Perrottet said NSW is the only state with all of strong surpluses, negative net debt, a growing net worth, a triple A rating, low unemployment and record investments in services and infrastructure.
“That is a testament to the hardworking men and women of NSW, and puts us in the enviable position of being able to build for today as well as for tomorrow, Mr Perrottet said.
What's in the 2017-18 NSW budget