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AAP
AAP
Politics
Maeve Bannister

Property market, higher wages underpin NSW budget fix

Higher wages for workers are delivering an improvement to the NSW budget bottom line. (BIANCA DE MARCHI)

Higher taxes from a thriving property market and wage rises will deliver a boost to NSW government finances as Labor promises to funnel spending into essential services.

The Minns government handed down its first budget on Tuesday, predicting the state's bottom line would return to a modest surplus of $844 million in 2024/25 after a deficit of $7.8 billion this financial year.

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