NSW
STATE
New South Wales Budget 2026
📍 Sydney
👥 8.3 million
👤 Chris Minns
Labor since 2023
📅 Last budget: 17 June 2025
📅 Next budget: 17 June 2026
New South Wales is Australia's most populous state and home to Sydney, the country's largest city and financial hub. The NSW Budget is typically handed down in June each year.
$112B
Annual Revenue
$116B
Annual Expenditure
$670B
Gross State Product
8.3 million
Population
$103B
Net Debt
📋 Recent Budgets
Last Budget: 17 June 2025
Next Budget: 17 June 2026
| Year | Theme | Result | |
|---|---|---|---|
| 2024–25 | Building for the Future | Deficit $3.6B | View ↗ |
| 2023–24 | Responsible Budget | Deficit $7.3B | View ↗ |
| 2022–23 | Cost of Living Relief | Deficit $11.4B | View ↗ |
Budget figures are indicative. Visit the official budget website for full documents.
🎯 Key Budget Priorities
- Housing affordability and planning reform
- Transport infrastructure — Metro expansion
- Healthcare — new hospitals and hospital upgrades
- Cost of living relief and energy bill subsidies
- Education and early childhood learning
❓ Frequently Asked Questions
When is the New South Wales budget 2026?
The New South Wales 2026 state budget was delivered on 17 June 2026. Treasurer: Daniel Mookhey.
What is New South Wales's budget result for 2026?
New South Wales's 2026 budget result is Deficit $4B, with annual revenue of $112B and expenditure of $116B.
What is New South Wales's net debt?
New South Wales's net debt is $103B, representing 15.4% of Gross State Product (GSP: $670B).
Who is the New South Wales Treasurer?
The New South Wales Treasurer is Daniel Mookhey, serving under Premier Chris Minns (Labor, in office since 2023).
📊 Budget at a Glance
Annual Revenue
$112B
Annual Expenditure
$116B
Budget Result
Deficit $4B
🏛 Government
- Premier
- Chris Minns
- Treasurer
- Daniel Mookhey
- Party / Coalition
- Labor
- In Office Since
- 2023
- Capital City
- Sydney
- Jurisdiction Type
- State
🔗 Official Budget Resources
NSW Budget Website
Official government budget portal
NSW Treasury
Department of Treasury website