Minns Government Unveils 2025 Budget: Major Investments in Housing, Education, and Cultural Sectors

June 16, 2025
Minns Government Unveils 2025 Budget: Major Investments in Housing, Education, and Cultural Sectors
  • 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

What we already know about this year’s NSW budget

The Sydney Morning Herald • Jun 16, 2025

What we already know about this year’s NSW budget

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