The Minns Labor government says it has stabilised public debt in NSW with a total $9.4 billion improvement since the 2023 election, saving $400 million a year in interest costs.
NSW Treasury figures released by Treasurer Daniel Mookhey ahead of Tuesday’s budget show that gross debt is now expected to reach $178.8 billion by June 2026.
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Paul Karp is The Australian Financial Review’s NSW political correspondent.
