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The Budget

The Budget


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Background

The culmination of the Budget process involves an annual appropriation by an act of Parliament of the money needed for Government expenditure in the coming financial year.

In accordance with the NSW Constitution and the Westminster parliamentary system of representative government, this particular legislation must originate in the Legislative Assembly. Its passage ensures Parliamentary authorisation of the amount of money to be drawn from the Consolidated Fund and the specific purposes for which the funds are to be used.  

The Budget

On Tuesday 21 June 2022, the Treasurer, the Hon. Matt Kean MP, introduced the Appropriation Bill and various cognate bills, and delivered his 'Budget Speech'.  

Once the speech concluded the debate was adjourned by the Leader of the Opposition, Mr Chris Minns MP, until Thursday 23 June 2022. At the conclusion of the Treasurer's second reading speech, the budget papers were tabled.

Debate

On Thursday 23 June 2022 the Leader of the Opposition delivered his speech in reply during the second reading debate on the Appropriation Bill and cognate bills.

After debate concluded and the Bills passed all stages in the Assembly they were forwarded to the Legislative Council for consideration. ​The Treasurer then moved that the House take note of the Budget Estimates and related papers for 2022-23.

Take Note Debate

All Members have the opportunity to speak in the subsequent debate on the budget papers. The scope of the debate may include issues about how the budget might affect a Member's electorate.

Budget Estimates

Once the Budget Estimates and related papers have been tabled by the Treasurer they are referred to the seven Legislative Council Portfolio Committees for inquiry and report.  The Budget Estimates process involves the questioning of Ministers and public servants.​

The Budget Papers

The 2022-23 budget papers are available at the following links:

Budget Statement 2022-23 (Budget Paper No. 1)

Outcomes Statement 2022-23 (Budget Paper No. 2)

Infrastructure Statement 2022-23 (Budget Paper No. 3)

Agency Financial Statements 2022-23 (Budget Paper No. 4)

Appropriation Bills 2022-23 (Budget Paper No. 5)

2022-23 NSW Budget – Overview

2022-23 NSW Budget – Regional NSW

2022-23 NSW Budget – Western Sydney

2022-23 NSW Budget – Women’s Opportunity Statement