Nsw budget 2018 winners and losers 20180619 p5wgcj.html – Breaking News & Latest Updates 2026
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This was published 8 years ago

NSW Budget 2018: Winners and losers

Tim Rose
Tim Rose

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Schoolkids are among the winners of the NSW Budget.

Schoolkids are among the winners of the NSW Budget.  9news

Dominic Perrottet's second budget sees cash being splashed ahead of next year's election. 

There's good news for parents, kids, budding tradies and some commuters - but not a lot of help for seniors.

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Here are some of the winners and losers of this year's budget. 

Winner: Parents

The goverment says subsidied preschool for three-year-olds will save families $825 a year on average. 

New mums will also get a bundle worth $150 and increased mental health support.

Winner: Creative kids

A program to offer $100 vouchers to cover the cost of children's sport has been extended to creative classes. 

Parents will be able to claim $100 off the cost of classes including music, drama, visual arts, coding and languages.

Winner: Aspiring apprentices  

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The creation of 100,000 free apprenticeship places gives aspiring tradesmen and women an in-point to the industry.

The places will be on offer at 121 courses at both TAFE and non-TAFE providers.

The government will reap the benefits too: at least 20 percent of trade roles on future projects will be filled by apprentices.

Winner: Drivers

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Toll relief starts from July 1, with drivers who spend $25 per week on tolls to get their rego for free. 

The long-awaited F6 motorway is finally being built and promises to take 10,000 vehicles off local streets and bypass 23 sets of traffic lights. 

The registration for caravans has been slashed by 40 percent, and ten parking fines will drop from $110 to $80.

Winner: Small businesses

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The payroll tax threshold is being raised from $750,000 to $1 million over four years, at a cost of around $881 million.

Treasury estimates around 5000 businesses will no longer pay payroll tax by 2021/22.

Loser: Seniors

There's not much in the budget for older people in NSW.

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The package for seniors is just $8.8 million, despite the government's admission that people over the age of 65 are the fastest growing population group in the state.

There's funding for technology training and preventing elder abuse, but it's unlikely to appease older voters.

Loser: Public service

The efficiency dividend is rising from two to three percent, meaning goverment agencies will need to find around $1.6 billion in savings over four years.

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Loser: Problem gamblers

Despite raking in $1.6 billion from pokies and gambling revenue, the government is offering just $25 million back to reduce problem gambling.

ANALYSIS: 'THE BUDGET IS TOP SHELF, BUT IT FEELS A BIT FRANTIC'

NSW BUDGET: COMPLETE GUIDE

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