NSW Budget

Discover NSW’s economic priorities and major investments in health, education, housing, transport, and regional recovery for the 2025–26 Budget.

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Half-Yearly Review 2025–26

The 2025–26 Half-Yearly Review demonstrates continued improvement in the budget position while delivering significant commitments over the last few months.

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Budget overview 2025–26

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Our plan for NSW

Take a broad look at the Budget, which includes $12.4 billion for health infrastructure, $10.4 billion for schools and $1.2 billion for child protection.

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Our plan for regional NSW

Regional NSW is a key focus of the 2025–26 Budget, with $4.2 billion for disaster relief recovery, $2.8 billion for road safety, and major investments in biosecurity and primary industries research and development.

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Our plan for Western Sydney

Investing in the beating heart of Western Sydney is a major priority in the 2025–26 Budget, with $5.5 billion for roads, $10.8 billlion for the Sydney Metro West and $3.9 million to maintain, upgrade and build new schools.

Treasurer's speech

The Minns Government is focused on the future of economic growth.

It is focused on the future of families, their jobs, their businesses, their wages, their hospitals, their schools, and their essential services.

The Budget shows how in each year of this young Government we make progress.

For those in NSW renting a home, those wanting to buy a home - and those anxious about whether they, their children or their grandchildren will ever be able to afford a home - this Labor budget delivers even more investment.

For the workers, managers, entrepreneurs, innovators, investors and businesses wanting to expand in NSW, wanting to create more jobs, wanting to earn or pay higher wages - this Labor budget delivers even more reform.

And for the kids in our schools, the patients in our hospitals, the tradies in our TAFEs, the commuters on our roads, and passengers on our trains - this Labor budget delivers even more resources to rebuild our essential services.

Read the Treasurer's speech

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Explore the 2025–26 NSW Budget

Budget Papers

The NSW Budget Papers outline spending priorities, infrastructure plans, wellbeing measures, and strategies for housing, health, and education.

My Budget: Capital projects map

Your interactive tool for seeing where money from this Budget will be used for capital projects across the state.

Charts and data

To enhance the transparency and accessibility of information underpinning the NSW Budget Papers, find key financial information in accessible Excel spreadsheets.

Past budgets

NSW Budget archive

Historical Budget documents from the last 10 years are available for reference purposes.

About the budget

How NSW Treasury manage the NSW budget

Our role is to manage the finances of our state to make it a great place to live and work. Learn more about our strategy and what we do.

Consolidated Budget Management Guidance

The NSW Government ensures responsible budgeting with strong fiscal discipline, integrity, accountability and transparency in financial management.

NSW budget resource hub

The NSW Budget Resource Hub is designed to give employees across NSW Government agencies and entities guidance and information on budget and financial management in New South Wales.

Contact the NSW Treasury budget team

We welcome your questions, feedback, compliments and complaints.

You can submit an enquiry through our online form.

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