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The Guardian - AU
The Guardian - AU
Business
Peter Hannam

Treasurers accuse Albanese government of profiting at states’ expense

NSW treasurer Daniel Mookhey
NSW treasurer Daniel Mookhey delivers the state’s 2023-24 mid-year budget, blaming the Albanese government for a $1.7bn black hole. Photograph: Dean Lewins/AAP

Treasurers in Australia’s two most-populous states have criticised the Albanese government, claiming cuts in infrastructure and other transfers had buffed up the outlook for the federal budget at the expense of their own.

Daniel Mookhey, New South Wales’ treasurer, unveiled a mid-year budget update for his state on Thursday showing the deficit for the 2023-24 year had ballooned by $1.7bn to $9.6bn since the budget was released three months ago.

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