The NSW Treasurer has handed down a 2020-21 budget $16 billion in the red.  With unemployment to peak around Christmas, the state government has opted for massive public spending to stimulate the economy, blowing out net debt to $53 billion this financial year and $104.3 billion in 2023. $29.3 billion will be spent on health, … Continue reading State Budget delivered with astronomical $16 billion deficit and ‘radical tax reform’