Wednesday 6 March 2019

NSW Government Urged To Release Costings On Promises

BY JARROD MELMETH

The state opposition is calling on the NSW Government to come clean about how it plans to pay for their promises leading up to the state election.

Labor says the Government's Pre-election Budget Update confirmed that the state net worth has fallen by $2.4 billion, the surplus has fallen by $273 million and the Berejiklian Government has not announced a single savings or revenue measure.

Shadow Minister for Finance and Member for Cessnock Clayton Barr said the government are making promises which cannot be funded by the existing budget.

"For the last 8 years, the way that the government has balanced the books has essentially been to sell the farm; you sell the kitchen sink, sell the caravan, sell the boat, sell the trailer.

"They have sold everything in New South Wales to, what they call to balance the books. It is a furphy. Eventually, you run out of things to sell.

"Going forward they're continuing to make promises they cannot afford which means they have to keep on selling stuff," Mr Barr said.

Labor says they have had all of their policies and promises costed by the parliamentary budget office and Mr Barr says he "challenges the government to do the same."