FISCAL STRATEGY

The NSW Government’s fiscal strategy is designed to manage the State’s financial resources in a manner that supports the Government’s service delivery objectives. The strategy involves adhering to a number of fiscal targets and principles set out in legislation. Up to 30 June 2005 the fiscal strategy was underpinned by the General Government Debt Elimination Act 1995, but since 1 July 2005 the fiscal strategy is governed by the Fiscal Responsibility Act 2005.

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Governing Principles of Fiscal Strategy

NSW Budget Overview

NSW Budget Paper 2 - Chapter 1

NSW Government Submission to Productivity Commission Research Study into Economic Implications of an Ageing Australia

Treasurer's Statement 14 December 2004.

Relevant legislation

Fiscal Responsibility Act 2005

General Government Debt Elimination Act 1995

Credit Ratings

NSW Triple A Credit Rating

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