Jun 20, 2026 – 12.01amTreasurer Daniel Mookhey has vowed the budget he hands down on Tuesday will confirm NSW as the country’s most fiscally responsible state on expenses growth, despite huge tax revenue writedowns, cost-of-living relief and a swelling public sector wages bill.Ahead of delivering the last full-year budget before the Minns government seeks re-election in March 2027, Mookhey told AFR Weekend “debt remains under control” even though economic headwinds are expected to increase the $1.1 billion deficit for 2026-27 and shrink or delay the surplus previously projected for 2027-28.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Welcome to Mookheynomics: NSW’s ‘disciplined’ budget to eclipse rivals
Daniel Mookhey says Tuesday’s NSW budget will confirm it is Australia’s most responsible government on expenses despite wage growth, cost-of-living relief.
TL;DRAI
NSW Treasurer Mookhey delivers budget Tuesday vowing fiscal discipline despite $1.1B deficit for 2026-27 and shrinking tax revenues. Stable government finances reduce operational risk for enterprises planning long-term infrastructure investment in Australia's largest economy.
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