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PS News· Few hours agoPolitics

Government scraps timetable changes, pledges $6.8 billion to extend rail electrification ‘by mid-late 2030s’

The NSW Government has committed $6.8 billion to electrify the South Coast rail line between Kiama and Bomaderry and to double tracks at key bottlenecks. Construction is expected to be complete by the mid-to-late 2030s, with detailed planning starting in 2027. The announcement follows the government scrapping timetable changes that were due to take effect in November after community concerns. Premier Chris Minns said the upgrade would deliver faster, more reliable trains. An immediate $621 million will fund upgrades to power, signalling and flood protection ahead of the main works.

Government scraps timetable changes, pledges $6.8 billion to extend rail electrification ‘by mid-late 2030s’
PerthNow Local· A while agoPolitics

State vows duty shield against controversial trust tax

The New South Wales government has promised that businesses using the Excluded Election Trust arrangement will not face state taxes linked to Jim Chalmers' proposed 30 per cent minimum trust tax. NSW Treasurer Daniel Mookhey said he worked with the federal treasurer to give businesses certainty early. Business NSW welcomed the move but said business owners should not have to worry about stamp duty bills. Mr Mookhey also pledged to cut state spending to counter inflation and reduce state debt by more than $10 billion ahead of the March state election.

State vows duty shield against controversial trust tax

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