NSW Budget: Strongest In The Nation

Baulkham Hills State Liberal MP David Elliott said the NSW Government is providing record infrastructure and services in the 2015-16 Budget, and accelerating infrastructure projects that will change this state forever.

The underlying surplus for 2015-16 is estimated at $712.6 million and in each year of the forward estimates surpluses are forecast. When our reforms to transport assets are included, the 2015-16 surplus is $2.5 billion.

The work of the NSW Government over the last four years is now benefitting everyone across the state, including Baulkham Hills.

“The strong NSW economy combined with the policies of the NSW Liberals & Nationals Government means we are well placed to take this state to another level with our infrastructure projects,” Mr Elliott said.

“The Hills is benefitting from this record infrastructure spend, with $4 million dedicated to planning the Memorial Avenue upgrade, more than $1 billion to the North West Rail Link this year with rolling stock being purchased, and $51 million towards the NorthConnex project, which will allow us to plan ahead to ensure local residents are protected from the environmental impacts of the motorway.

“In addition to this, we will also see $26 million spent on replacement buses, $41 million for extra buses, $200,000 towards the upgrade of the intersection of Wrights and Windsor Roads, and $100,000 for a pedestrian crossing at Coonara Avenue and Castle Hill Road.

“We are now ready to deliver Rebuilding NSW, a $20 billion boost to infrastructure that will catapult NSW into the fast lane, with $6 billion being directed toward regional infrastructure as part of the NSW Government’s plan.

“As part of the NSW Budget 2015-16 we have also announced a new initiative. We are using our strong financial position to bring forward $591 million of funding for infrastructure so we can get these major projects going as soon as possible, so we can deliver new projects that will change this state forever.”

“This is a budget that maintains the state’s triple-A rating and delivers record spending in both services and infrastructure.

“Over Labor’s last four budgets, the State only funded an average of $6.2 billion a year on infrastructure, and had very little to show for it.

“In this Budget the State will fund an average of $10.3 billion a year on infrastructure over the forward estimates, with state infrastructure spending in NSW over four years a record $68.6 billion, including major health, transport and schools projects.

“We are also delivering record services, whether it is in health, education, transport or family or community services, and each of these key areas has seen growth in their budgets from last year of more than five per cent.”