The NSW government has been forced to slash more than $9 billion from expected property-related stamp duty within the past nine months as Sydney’s prolonged housing slump drags on the state’s budget and economy.prepared independently by NSW Treasury reveals the budget surplus for this financial year has been cut by $273 million compared with what was forecast less than three months ago.
The latest budget update said risks to the state’s economic outlook “appear to have tilted more to the downside” since late last year. Global factors including “rising political tensions, policy uncertainty, financial market volatility and hikes in trade tariffs” have also clouded the state’s economic outlook.
Source: Real Estate Daily Report (realestatedailyreport.net)
MattWadeSMH The bubble was always going to burst the state Liberals should have planned for it. Expect an even bigger hit if fed Labor brings in the negitive gear changes.
MattWadeSMH Let's see what else the libs can sell off now...
MattWadeSMH It was always gonna happen
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NSW government promises Sydney and surrounds 14,000 extra bus servicesA Coalition government will guarantee 14,000 extra bus services across western Sydney and the Central Coast over the next four years. Why have yet held off until election campaign to do this? Treating electorate as fools. Sydney's new light rail will only be able to transport 50% (or less) of peak hour passengers. Do the rest walk to Randwick? If you believe Constance and Gladys B you got rocks in yer head.
Source: smh - 🏆 6. / 80 Read more »
'One bullet away from Paradise': Alleged Islamic State admin living in SydneyA former Sydney taxi driver is accused as acting as an administrator for ISIS' online encrypted messages after returning to Australia from Syria | sallyrawsthorne
Source: smh - 🏆 6. / 80 Read more »
Protest vote: Keep Sydney Open's bid for a seat in state parliamentIn 2014, Tyson Koh thought all he needed to do to stop the lockout laws was stage a big rally. Now, he's aiming for a seat on the state legislative council.
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Australia's first comprehensive children's cancer centre to be built in Sydney | Sky News AustraliaThe NSW and federal governments have committed $528 million to build Australia's first comprehensive children's cancer centre in Sydney, as well as an upgrade to the Children's Hospital at Randwick. \n\nHealth Minister Greg Hunt told Sky News he hopes the centre will not only have an impact on Australian children, but those across the world. \n\n'We have the world’s best researchers, we have the world’s best clinicians, but this is going to mean that they can come together in the one space to make sure the research that’s occurring can go straight from the bench to the bedside.' \n\nImage: News Corp Australia \n\n\n\n\n\n Shorten won't like that. Just in time for the NSW election... auspol NSWVotes Any money for the Royal Children’s Hospital in Melbourne? Guess not...
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia's first comprehensive children's cancer centre to be built in Sydney | Sky News AustraliaThe NSW and federal governments have committed $528 million to build Australia's first comprehensive children's cancer centre in Sydney, as well as an upgrade to the Children's Hospital at Randwick. \n\nHealth Minister Greg Hunt told Sky News he hopes the centre will not only have an impact on Australian children, but those across the world. \n\n'We have the world’s best researchers, we have the world’s best clinicians, but this is going to mean that they can come together in the one space to make sure the research that’s occurring can go straight from the bench to the bedside.' \n\nImage: News Corp Australia \n\n\n\n\n To little Toooo late The Liberals have been in power since 2013 federally and in NSW since 2011. It's really convenient to announce this when both the federal and state Liberals are staring down the barrel of defeat at their respective elections. Right right right right right. Coz you’ve only had six years to action this stuff but suddenly..... I’m sure I can smell pork.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Police treating disappearance of Sydney woman as suspiciousNSW Police are calling on the public for information about the whereabouts of 30-year-old Western Sydney woman Samah Baker, who has been missing for two months.
Source: SBSNews - 🏆 3. / 89 Read more »
The 'magical' reason Chinese tourists are flocking to the University of SydneyWill have NZ suing Australia oh wait that the other movies China likes Australia Baby formula?
Source: SBSNews - 🏆 3. / 89 Read more »
'We do a lot better than people with mortgages': homelessness in city on the riseLord mayor Clover Moore said the latest count “should be a wake-up call to the state government'.
Source: smh - 🏆 6. / 80 Read more »
'Inspiring choice': New Sydney airport named after Nancy-Bird WaltonPioneering pilot Nancy-Bird Walton is an 'absolutely inspiring choice' as the name for western Sydney's new airport, according to Premier Gladys Berejiklian. yeah ... absolutely .... it would be if not for Excuse me smh, but if there is a hyphen, isn’t it Nancy Bird-Walton, not Nancy-Bird Walton?
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Sydney measles alert: woman and baby diagnosedHealth authorities have warned Sydneysiders and passengers on a Qantas flight from Bali to be on the lookout for measles symptoms. Kaubo Oh no!!!! We’re all going to die!!!! Stop the scaremongering. It’s just a harmless childhood disease. Or it was ( until they invented a vaccine). Elljay1011 Kaubo Bali and the Philippines.
Source: smh - 🏆 6. / 80 Read more »
Sydney man found guilty of murdering his girlfriend's toddlerDetectives alleged Mohammed Khazma burned the toddler with a cigarette lighter and slammed her head into a wall. He said it was the child's mother. And where was the toddler’s father or didn’t this matter? Tragic. Far too much of this type of abuse of innocent children. What about the mother?
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