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2020-21 NSW Budget arrives today

James O’Doherty, NSW state political reporter for The Daily Telegraph, joins Michael regarding NSW’s 2020-21 budget to be delivered today by Treasurer Dominic Perottet which aims to kick-start the state’s job economy by creating jobs through tax cuts, stimulus and a boost to the State’s record infrastructure pipeline.

Among the measures to be announced by the Treasurer will be a payroll tax threshold increase from $1 million to $1.2 million, delivering a tax cut for thousands of businesses and further support for jobs in NSW.

The Treasurer said new initiatives, such as the $250 million Jobs Plus program to help create or support jobs and encourage business to relocate to NSW, and an additional $300 million injected into the Regional Growth Fund announced last week, would help drive the State’s economy back into high gear.

Infrastructure and maintenance projects will receive additional or fast-tracked funding in today’s Budget.

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