Statement on 2021-22 federal Budget

NSW Treasurer Dominic Perrottet tonight welcomed the Commonwealth Government's 2021-22 Budget, which delivers more than $3 billion in funding for road infrastructure projects in NSW, alongside tax relief and training initiatives designed to boost the economy and help drive unemployment below pre-pandemic levels.

Mr Perrottet said the Commonwealth's strong focus on supporting working families and creating jobs was teamed with a strong focus on helping the vulnerable and those in need.

"Josh Frydenberg has delivered a Budget which is the envy of many countries around the world, it's clear Australia is leading the pack on the way back," Mr Perrottet said.

"This is a Budget which places people at its very heart, ranging from more childcare assistance, help for the aged care sector, medical support in the regions, $2.3 billion for mental health and suicide prevention as well as a billion dollar boost for women's safety."

Among funding for NSW in tonight's Budget:

  • $3.3 billion for priority road projects including $2 billion for the Great Western Highway from Katoomba to Lithgow, $500 million for the Princes Highway, including the Jervis Bay Road Intersection and Jervis Bay to Sussex Inlet Stage 1, $240 million for the Mount Ousley Interchange and $229.4 million for the M12 Motorway.
  • $162.8 million over three years from 2021-22 to support clean-up of damage caused by the February and March 2021 floods.
  • $51.2 million for Eurobodalla Southern Storage.
  • $4.5 million in 2021-22 for a Bushfire Community Recovery and Resilience Fund to support those affected by the 2019-20 bushfires.

Mr Perrottet said the NSW Government was currently working on its own 2021-22 State Budget, which will be delivered in June.

"It is vital the Commonwealth and NSW continue to work together. We have been handed the biggest challenge in a generation, but also the opportunity of our generation," Mr Perrottet.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.