EconomyPolitics

What to Expect from the Upcoming NSW State Budget

By Rajiv Chaudhri - Editor in Chief

As the NSW Government prepares to unveil its 2025-26 State Budget, residents across the state are watching closely for measures to ease cost-of-living pressures and improve essential services.

Premier Chris Minns and Treasurer Daniel Mookhey have signalled a “back-to-basics” approach, focused on health, housing, education, and infrastructure while maintaining fiscal discipline in challenging economic times.

One of the headline expectations is targeted relief for households grappling with rising rent, energy bills, and grocery prices. While large-scale giveaways are unlikely, modest concessions such as energy rebates or transport discounts for vulnerable groups are anticipated.

Housing affordability and supply remain key concerns. The government is expected to invest further in social and affordable housing, while also accelerating planning reforms and supporting local councils to unlock more housing stock. Funding for rental protections and homelessness services may also receive a boost.

Health and education sectors, particularly public hospitals and public schools, are likely to see increased funding, as the state navigates workforce shortages and rising demand. Mental health services are also expected to be prioritised.

Infrastructure commitments will be scrutinised, with delays or deferrals likely for some major projects amid inflationary pressures. However, investment in public transport, roads, and Western Sydney development is expected to continue.

In sum, the 2025-26 NSW State Budget is shaping up as a cautious yet community-focused document balancing economic constraints with the need to support families, frontline services, and long-term growth. The public and business community alike will be watching for both substance and sustainability.

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