Tanya Davies MP. Member for Mulgoa.

REBUILDING NSW - BUDGET 2014-15

Tuesday June 17, 2014

The NSW Budget handed down today represents a Liberal/National Government focused on building for the future, delivering quality services and protecting the vulnerable.

After 3 years repairing Labor’s mess, the NSW Budget is powerfully positioned; net debt is down, expenses are under control, and the AAA credit rating is maintained.  

“When we came to office in 2011, NSW lagged on all economic fronts; in particular on jobs growth, productivity, housing approvals and business confidence. In 3 short years we have seen NSW rise again to become the powerhouse of the nation” Tanya Davies said.

NSW economic activity grew by 4.7 per cent over the last year, leading the nation for two consecutive quarters.

The NSW Liberals & Nationals Government is investing a record $61.5 billion on infrastructure over four years, including $10.2 billion in 2014-15.

Today New South Wales has:

  1. growth at 3 times the rate of Queensland and Victoria,
  2. housing approvals that are at the highest levels in over a decade,
  3. strong jobs growth with around 114,000 created since 2011,
  4. an infrastructure build exceeding $61 billion,
  5. 8,000 new frontline staff since 2011, including teachers, nurses, police, paramedics and firefighting personnel.
  6. an economy that is strong in response to the government’s agenda.

“We are now on the path to Rebuilding NSW” Tanya Davies said.

Investments in the Mulgoa electorate include:

  • A new school for students with disabilities to be built at Glenmore Park.
  • $8.239 million to continue work on new Health and Support Services at Kingswood TAFE.
  • $12 million to continue work on Stage 5 at Kingswood TAFE.
  • $3.222 million for pavement rebuilding on Mulgoa Road from Glenmore Parkway at Regentville to Notre Dame at Mulgoa.
  • $2.892 million in periodic maintenance work on the rail line passing through St Marys Station.
  • $0.746 million in social housing upgrades.
  • $0.36 million for construction of a pedestrian and cycle bridge adjacent to Great Western Highway over South Creek at St Marys (as part of a $1.5 million project allocation)
  • $0.365 million for Warragamba pipelines, and other general, upgrades.

Investments in the Western Sydney region include:

  • $863 million on the 36 kilometre North West Rail Link – a project promised, cancelled and promised by Labor for over a decade. The NSW Liberals & Nationals are building it.
  • $103 million to complete the South West Rail Link from Glenfield to Leppington – a project being delivered a year ahead of schedule and $300 million under budget.
  • $398 million towards the $14.9 billion WestConnex Motorway Project – the largest road project in the country.
  • $109 million for road upgrades to support Sydney's second airport at Badgerys Creek.

The Budget also increases the threshold for the $15,000 First Home Owners Grant, to help more first home buyers get into the housing market sooner.

“We want to make it as easy as we can to help first-time buyers get the keys to their new home – that’s why we’re increasing the threshold to $750,000 – an increase of $100,000,” Tanya Davies said.

“The NSW Liberals & Nationals Government has taken responsible decisions to ensure we continue to deliver for the people of NSW and Mulgoa, and I am proud to be part of a government that is building for the future and places the needs of the community first.” Tanya Davies MP said.