Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Luke Costin

SHOCKING: Nsw deficit doubles weighed by flood and pandemic - You Need To See This

NSW Treasurer Matt Kean says only the coalition government can return the budget to surplus. (Bianca De Marchi/AAP PHOTOS) (AAP)

The pandemic and extensive flooding is being blamed for a doubling of next year's NSW budget deficit and smaller future surpluses.

The state's mid-year budget update projects the deficit in the current 2022/23 financial year will grow to $11.4 billion, up $140 million from the figure estimated last June.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.