Minns Government Unveils 2025 Budget: Major Investments in Housing, Education, and Cultural Sectors
June 16, 2025
Integrity agencies, including the Independent Commission Against Corruption (ICAC), will receive substantial funding, with $42 million allocated for IT enhancements and $108 million designated for the NSW Electoral Commission in preparation for the 2027 state election.
In an effort to combat homelessness, the budget includes a $20 million package along with $10.4 million for support services provided by the Rev Bill Crews Foundation.
A significant investment of $100 million will be made to relocate the TAFE NSW Bankstown campus, paving the way for the construction of a new hospital.
Significant refurbishments are planned, including $59.8 million for the Pyrmont Bridge and $9 million for improvements at the Royal Botanic Gardens.
The cultural sector will see a substantial investment of $100 million for a second Sydney film studio, along with $280 million aimed at supporting the screen and digital games sector through existing rebate programs.
A new logistics precinct, costing $115.5 million, is planned at the former BHP steelworks site to enhance the delivery of renewable energy across New South Wales.
The Minns government is set to unveil its third state budget on June 24, 2025, which is anticipated to maintain the fiscal restraint observed in previous budgets.
Treasurer Daniel Mookhey has emphasized that this budget will prioritize the integration of essential services, particularly housing, following unsuccessful reforms in worker compensation.
The education sector will benefit from over $13.1 billion in funding, which translates to more than $17,000 per public school student, alongside an $80 million increase for small group tutoring programs.
Environmental initiatives will receive a boost with $100 million allocated for biosecurity systems and $41.2 million dedicated to research in primary industries, including advancements in AI-assisted farming.
Emergency services are set to receive $17 million for new firetrucks and an additional $34.4 million for aviation resources to enhance firefighting capabilities.
Victims of violent crime will benefit from an increase in funding for support services, amounting to $227 million over five years, which will include legal assistance.
Summary based on 1 source
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Source

The Sydney Morning Herald • Jun 16, 2025
What we already know about this year’s NSW budget