Treasurer touts ‘responsible’ 2024 NSW budget in tough economic times – but others will make that call

Rating agencies and the RBA among those marking Daniel Moohkey's handiwork which he says is focused on spending restraint

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The New South Wales treasurer, Daniel Mookhey, dubbed his second budget since Labor took government 15 months ago as a responsible [one] in difficult economic times".

Others will make that call, including credit raters Moody's and Fitch, which have maintained the state's triple-A assessment despite Australia's most populous state forecasting deficits - albeit shrinking ones - out to 2027-28 and possibly beyond.

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