Big spending and promises by the major parties to woo voters ahead of the NSW state election – including a combined $22 billion in headline commitments – will work against the Reserve Bank’s efforts to curb inflation, economists warn.
NSW Premier Dominic Perrottet’s Coalition government has announced more than $6.6 billion in both new spending commitments and existing budget allocations. The Coalition has touted it is spending $7.2 billion in cost-of-living sweeteners.
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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au
