New South Wales faces three years of sluggish economic growth, warns Treasurer
New South Wales will face sluggish economic growth for at least three years, Treasurer Daniel Mookhey warned ahead of Tuesday's state budget. Growth is forecast at only 1 percent for 2026-27, significantly down from earlier predictions. Rate hikes and rising fuel prices are major factors contributing to the state's economic slowdown.
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Published 19 Jun 2026, 19:00 UTC · Updated 19 Jun 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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