NSW Treasurer warns of a tough budget due to $11.9b GST hole from result Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 1:50 👁 View: 3.5M times ✓ Published: 23-Apr-2024
Description: The state treasurer says the budget is facing a shock that'll be even worse than the Covid-19 pandemic. Daniel Mookhey is forecasting a revenue shortfall of nearly $12 billion dollars as a result of the latest GST carve-up, and he says it's almost certain the state will lose its prized triple a credit rating.