_nsw-treasurer-warns-of-a-tough-budget-due-to-3611-9b-gst-hole.jpg "NSW Treasurer warns of a tough budget due to $11.9b GST hole from va ratings table Video Screenshot Preview")
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⏲ Duration: 1:50
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✓ Published: 23-Apr-2024
👁 View: 2.1M times
✓ Published: 23-Apr-2024
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The state treasurer says the budget is facing a shock that'll be even worse than the Covid-19 pandemic. Daniel Mookhey is forecasting a revenue shortfall of nearly $12 billion dollars as a result of the latest GST carve-up, and he says it's almost certain the state will lose its prized triple a credit rating.
The state treasurer says the budget is facing a shock that'll be even worse than the Covid-19 pandemic. Daniel Mookhey is forecasting a revenue shortfall of nearly $12 billion dollars as a result of the latest GST carve-up, and he says it's almost certain the state will lose its prized triple a credit rating.
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