“In the context of challenging economic times, the NSW Budget 2012-13 delivers what this State needs – responsible spending that enables us to deliver more housing and more infrastructure.” Mike Baird MP, NSW Treasurer.
Like the South Australian state budget “living within our means” is the theme.
“We have identified more than $1.24 billion in cuts to existing programs and will engage
business to help deliver services better, while ensuring value for money is achieved.”
The main components of the New South Wales State budget in terms of investment are:
- over the next 4 years an increase in infrastructure spending of $2.2 billion a year
- $30 million has been set aside to commence preparations for a new Sydney Motorway
- up to $100 million in infrastructure in the Illawarra as determined by Infrastructure NSW
- significant overhaul of arrangements and incentives for the NSW housing and construction sector
- Health – 500 new nurses, additional resources and services
- Education – $98 million is allocated for early childhood education and care
- Police, Law and Order – 400 more police
- $125 million per year to support tourism and major events
- Regional NSW – for primary industries, natural resource management, water and sewerage supply
- Small business – 50 per cent increase to funding for assistance programs
- Expansion of disability services with $336 million delivering 9,125 new places as part of Stronger Together Two
- $134 million has been allocated for specialist homelessness services
- $40 million for the new Mental Health Commission and more money for cochlear implants to help children with hearing difficulties
- extra $96 million will be spent to help the SES prepare for and respond to flood and storm events
Read the budget highlights and summary of Building the State – the package to stimulate the housing sector.
For information on skills you really have to go searching with the Minister for Education’s statement focussing on early childcare and schools highlighting $2.2 billion on vocational education and training,
“That includes funding for TAFE NSW Institutes, registered training providers both private and community based, and regulating apprenticeships and traineeships to improve skills and increase higher qualification levels in NSW,” Mr Piccoli said.
“For TAFE NSW we have allocated $76 million to start 10 new major building and IT projects while continuing work on 17 major building and IT projects.”
See media releases for each Minister and portfolios for further opportunities.
Get ahead of the reform and changes, build you capability in workforce development and planning and register your interested by emailing firstname.lastname@example.org for these upcoming webinars:
- Budget 2012-13 – Workforce Development and Planning
- Engaging Employers, Stakeholders and Small and Medium Sized Enterprises
- Funding for Workforce Development and Planning Initiatives
- NBN for e-Learning
- Workforce Plan Tool
- VET Reform: the National Picture