Todays Date: August 28, 2008
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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 Paper 2 - Chapter 1
Treasurer's Statement 14 December 2004.
Relevant legislation
Fiscal Responsibility Act 2005
General Government Debt Elimination Act 1995