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AAP
AAP
Politics
Luke Costin

'Tough choices' for NSW amid per-capita recession worry

New South Wales Daniel Mookhey Inflation Labor
Ensuring families can cover basic costs is key to the NSW government's strategy, Daniel Mookhey says (Dan Himbrechts/AAP PHOTOS) (AAP)

The inflation dragon has taken a nine-figure bite out of the NSW budget as the treasurer tries to reassure families they'll keep getting help with rising costs.

Treasurer Daniel Mookhey unveiled a bleak picture of the state's finances on Tuesday, airing concern for the state's remaining two AAA credit ratings and a pressing need to rein in spending.

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