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Latest money and taxes updates
Ministerial media release
The State’s reputation as a global tech hub was confirmed today with the announcement from OpenAI that NSW will be home to the Asia Pacific’s first OpenAI for Countries initiative with a $7 billion data centre in Sydney.
Ministerial media release
More than $29 million will be saved and over 19 years’ worth of delays avoided just 12 months after the Minns Labor Government introduced reforms to the way major infrastructure proposals are assessed, fast tracking key schools and hospitals.
Ministerial media release
Global ratings agency Moody’s has maintained NSW’s Triple-A credit rating with a stable outlook.
Ministerial media release
The Minns Labor Government will introduce legislation when Parliament returns in August to limit the pay rises for NSW parliamentarians to 3.5 per cent in 2025-2026.
Ministerial media release
Tens of thousands of frontline community services workers will receive a 3.5 per cent pay rise as part of the Minns Labor Government’s 2025-26 Budget.
Recent money and taxes publications
Treasury Policy and Guidelines (TPG)
This Treasury Policy and Guidance (TPG) provides an overview of the requirements of AASB 1058 Income of Not-for-Profit Entities (AASB 1058) including disclosures. Agencies, however, still need to review AASB 1058 in detail to ensure they understand its requirements.
Treasury Policy and Guidelines (TPG)
This Treasury guidance provides an overview of the requirements of AASB 15 Revenue from Contracts with Customers (AASB 15) including disclosures. However, agencies still need to review AASB 15 in detail to ensure they understand its requirements.
General
Treasury's vision for reconciliation is an Australia that embraces unity between Aboriginal and Torres Strait Islander peoples and the wider Australian community, and a national culture that accepts our shared history and embodies equality and equity.
General, Treasury Policy and Guidelines (TPG)
These guidelines have been approved by the Treasurer under sections 9E and 9F of the Land Tax Management Act 1956 and provide guidance to the Chief Commissioner in forming a view on whether a particular property is being used and occupied for a build-to-rent property, so that the land tax concession can be granted. The Chief Commissioner may provide further guidance material, including examples, of the operational effect of these provisions.
Financial Reports
Incorporating the consolidated financial statements of the New South Wales general government and total state sectors