Parliamentary Secretary for the Central Coast Scot MacDonald MLC has commended today’s Budget.
The NSW Liberal National Government is predicting a surplus of $3.9 billion for 2017-18, with average surpluses of $1.6 billion over the four years to 2021-22. Net debt is negative (cash positive) for the third consecutive year.
The Budget builds further on last year’s unprecedented infrastructure program, with a new record $87.2 billion pipeline over four years.
Key Budget Highlights for the Central Coast include:
- Continuing works on the $348.0 million redevelopment of Gosford Hospital with $24.2 million allocated in 2018-19 and $7.3 million to continue the $35.5 million Gosford Hospital car park
- Continuing works on the $200.0 million redevelopment of Wyong Hospital with $23.5 million allocated in 2018-19.
- Commencing the $10.2 million Wyong Hospital car park with $6.5 million allocated in 2018-19.
- $168.2 million in 2018-19 for road improvements, including:
- $127.3 million for continuing construction on the M1 between the Tuggerah and Doyalson interchanges, the Kariong and Somersby interchanges and the Pacific Highway widening between Lisarow and Ourimbah.
- $23.5 million to commence widening the Pacific Highway to four lanes between Parsons Road and Ourimbah Street at Lisarow.
- $3.0 million for planning intersection improvements on Central Coast roads at Gosford.
- $1.8 million in 2018-19 to continue the $2.0 million renovation and extension of the Kariong Fire Station.
- $1.0 million in 2018-19 to commence the upgrade of the $3.5 million Gosford Police Station.
“When we came to Government, the State’s finances were in a mess and infrastructure investment had stalled,” Premier Gladys Berejiklian said.
“We have taken the necessary steps to drive our Budget and economy from worst performing to strongest in the nation.”
“This year’s Budget delivers the benefits of our strong financial management to the people of NSW. We are easing the pressure on families today, and building the schools, hospitals and transport connections to support communities into the future.”
“This Budget showcases the rock-solid financial foundation our Government has built, and that makes it possible to put people first,” Treasurer Dominic Perrottet said.