Report on State Finances 2019-20 2 - 1 2. $14.8 million over four years from 2020-21 to remove ghost nets (discarded fishing nets) from Australia’s northern waters $2.5 million in 2020-21 … Read each of the NSW Budget 2020-2021 publications including Budget Papers, Budget Statement, Outcomes Statement and Infrastructure Statement. A huge collapse in company and personal income tax has left the budget with its biggest deficit on record and government debt on track to reach $1.5 trillion by the end of the decade. Key policies and conceptual determinations are discussed in the article Economic measurement during COVID-19: Selected issues in the Economic Accounts.Further ABS data measuring the impact of COVID-19 can be found via abs.gov.au/covid19. Seeded with an initial investment of $10 billion in late 2018, the NGF was valued at $10.9 billion at 30 June 2019, and is projected to grow to more than $70 billion over the next decade. Find information, access services and have your say. NSW Government. Current COVID-19 case locations. As at 6 March 2020, the gross Australian government debt was $573.1 billion. Commonwealth subsidy expenses for September quarter 2020 … COVID-19 impacted a range of Government Finance Statistics series in the December quarter 2020. (ABC Central Coast)Mr Persson also cited the impact of COVID-19 and the 2020 … We also administer some forms of unclaimed money. This initiative will help lower the debt burden for future generations. The net government debt is gross government debt less its financial assets, which is often expressed as a percentage of Gross Domestic Product (GDP) or debt-to-GDP ratio. Interstate travellers. We collect taxes, fines, fees, duties, levies and royalties, administer grants and recover debts on behalf of the people of NSW. The NSW Government has unveiled a $107 billion spend on infrastructure, health, education and transport to create 145,000 jobs across the state. Vouchers for dining, arts and tourism. As at 11 April 2017, the gross Australian government debt was $551.75 billion. To support NSW councils to develop and apply modern, fair and effective debt recovery and hardship policies and practices in line with the requirements of the Local Government Act 1993, the NSW Office of Local Government, in conjunction with the NSW Department of Justice, has published these section 23A Debt Management and Hardship Guidelines. Mayor Lisa Matthews (right) has said the reason for the debt is unknown. Search site for: Start typing to see suggestions. In March 2020, the Australian Government announced a series of changes to bankruptcy law, as part of the wider economic response to the COVID-19 pandemic. This represents the fifth year of record annual spend in New South Wales and reflects the Government’s commitment to delivery of infrastructure for NSW communities and strong economic growth. Vaccination for COVID-19. NSW Treasury 17 November 2020. 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