A surge in federal funds, GST receipts and dividends has allowed NSW Treasurer Daniel Mookhey to project surpluses despite tough times and cost-of-living relief.

Cost-of-living relief, a stamp duty downgrade, a $2.9 billion pay bump for nurses and a secretive Tomago bailout: here’s what we know so far.

NSW Treasurer Daniel Mookhey has tempered expectations of a return to surplus ahead of Tuesday's budget. Here's what has been promised so far.