State budget announced

The federal budget has prompted a call for a tax summit. Photo: File
The federal budget has prompted a call for a tax summit. Photo: File

Both Narromine and Trangie featured in this week’s state budget with Narromine due to receive a government service centre and Trangie down for funding in research. 

Member for Dubbo Troy Grant said Narromine and Wellington will both get Service NSW. 

“When the government initially announced it, it was met with suspicion but the communities that have them are coming to love them,” he said.

Trangie will share in the $65 million in research and development in partnership with the Grains Research and Development Corporation to extend research into winter crop development, infrastructure capacity development and skills development. 

The full NSW State Budget focused on families, farmers and small businesses. 

Treasurer Dominic Perrottet announced the tax reforms would ease the cost of living, doing business and purchasing a home. 

“This budget invests our state’s success into our people and communities, easing the tax burden in some cases and abolishing some taxes all together,” he said.

The treasurer cited housing affordability reforms, including stamp duty exemptions and abolishing the duty charged on lenders’ mortgage insurance. He also highlighted reforms to farming taxes.

“As a Government always looking at reforms to better support our farmers, I’m proud to announce duties on crop and livestock insurance will be abolished from the start of next year,” he said. 

“The changes will free up cash to help farmers grow and support our regions – a stronger regional economy means the whole state benefits.” 

Also in primary industries was funding towards the state’s Safe and Secure Water Program “providing reliable and affordable water and sewerage infrastructure that supports regional NSW,” minister for primary industries Niall Blair said.

And a massive influx of funding to the Local Land Services to support farmers in implementing land management and biodiversity reforms. 

Mr Blair also announced $78 million for Sustaining the Basin and Farm Modernisation for Irrigators, $75 million for the continuation of concessional loans under the farm Innovation Fund to assist primary producers to prepare for future drought and $18 million to continue delivering the Murray Darling Basin Plan to focus on maximising the productive use of water and providing certainty for NSW.