Dominic Perrottet accused of using ‘accounting trick’ to deliver budget surplus

Parliamentary inquiry says an asset holding company used to run NSW transport off the books' must be scrapped

• Get our free news app; get our morning email briefing
• Follow our Australia news live blog for the latest updates

A NSW government-owned transport assets holding company should be shut down to ensure taxpayers do not pay billions to keep it operating, a parliamentary committee says.

The state's premier, Dominic Perrottet, has been accused by the committee's chair of using an accounting trick" to try to deliver a budget surplus when he was treasurer by moving the state's transport assets to a separate commercial company.

Sign up to receive an email with the top stories from Guardian Australia every morning