“What we have is a long-term economic strategy to keep NSW moving forward that has been our approach,it’s a balanced approach to financial management in our state,a combination of affordable and sustainable debt position,asset recycling,lower taxes,” Perrottet said.
“That ensures the budget remains in a strong position,and we can continue to invest in the things that matter to people across our state.”
Asked whether he would borrow the money required to finance public transport projects,including future Metro rail,Perrottet said the government would use a “combination” of methods,before adding he had no plans to privatise more assets.
Perrottet also dismissed suggestions he and Treasurer Matt Kean were at odds on any potential sale of Sydney Water as “semantic word games”.
While Kean last week unequivocally ruled out the sale of Sydney Water,which is expected to generate $355 million for the government next financial year,Perrottet instead said he had “no plans” to sell it,but refused to rule it out.