KAMIN GOCK, REPORTER: In a housing crisis, the New South Wales Treasurer zeroed in on housing supply.
PROF. ANDY MARKS, WESTERN SYDNEY UNIVERSITY: This is about scale, so regardless of the detail, announcing a $5.1 billion package for social housing in the budget has the effect of motivating the market. ANDY MARKS: This budget is an old school Labor budget. It was about big funding for social reforms, for housing, some work in the health space around access to GPs and bulk billing and also some funding for schools.KAMIN GOCK: New South Wales is heading into a sixth consecutive year in the red. Next financial year the state’s deficit will be $3.6 billion.DANIEL MOOKHEY: We have been very, very careful about every single dollar we have been spending.
DANIEL MOOKHEY: I’ll be very clear, if New South Wales had simply got the exact same share of GST that we got last year, we will be reporting surpluses. KAMIN GOCK: But in comparison to Queensland's big spending pre-election budget last week with lots of sweeteners. KAMIN GOCK: New South Wales is maintaining initiatives like its weekly toll cap and energy rebates for concession card holders like Aunty Carol Carter.CAROL CARTER: Very hard when you pay off all your utilities, like your electricity, your gas, then you got your rent, and they've just raised the rent another $7 on public housing. So when you go down, you buy your food for the fortnight. It doesn't leave that much.
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