NSW in battle to wrangle ballooning debt after GST hit

By Peter Bodkin
Updated June 18 2024 - 3:30pm, first published 3:24pm
NSW debt is forecast to soar with the state's treasurer blaming an "absurd" carve-up of GST revenue. (Mick Tsikas/AAP PHOTOS)
NSW debt is forecast to soar with the state's treasurer blaming an "absurd" carve-up of GST revenue. (Mick Tsikas/AAP PHOTOS)

Billions of dollars more each year will go towards paying ballooning NSW state government debt as extra income from a buoyant property market fails to make up for a hit to the state's GST share.

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