The 2020-21 state budget has been delivered, and reveals a debt projection of $104.3 billion in 2023.

NSW Treasurer Dominic Perrottet told Jim Wilson the debt blowout is a “perfectly affordable, sustainable and appropriate response” to the current economic situation, and expects the budget to be back in surplus in 2024-25.

“I’ve announced $12 billion in savings in this year’s budget – that is the start of our fiscal repair program.

“Ministers are going to have to be disciplined to make sure every single taxpayer dollar is going towards the driving outcomes.”

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NSW shadow treasurer Walt Secord told Jim he’s taken an “open-minded” approach to the Budget, with the hope of achieving bipartisanship in the economic recovery effort.

“We’ve given our in-principle support to a discussion to work through this.

“We’re saying let’s listen to the community … we’re not just simply slamming the door shut today from the Opposition side.”

Click PLAY below to hear the full interview

Image: File

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