UnionsNSW say the state government's decision to abandon its public sector wage cap is an admission of wrongdoing. Jim McIlroy reports.
NSW budget
The NSW budget claims to be about job creation but entrenches cuts to public sector workers' pay while handing windfalls to private corporations, writes Jim McIlroy.
Jim McIlroy reports that nurses, teachers and other public sector workers protested the NSW Coalition government's effective wage cut imposed on COVID-19 frontline workers.
"The NSW Coalition government's 2015 budget has a massive 'housing sales tax' windfall from stamp duty arising from the Sydney housing bubble," Susan Price, Socialist Alliance candidate in the recent NSW state elections, said on June 24.
The government expects to reap more than $30 billion in stamp duty in the next four years, but the budget papers note that the cyclical nature of the property market means that revenue source is "inherently volatile".
