accounting The NSW government’s upcoming budget deficit would be $2.7 billion worse than forecast – or almost 50 per cent bigger than expected – without a controversial rail entity propping it up, with a further $1.3 billion benefit the follow
A confirmed COVID-19 case travelled from Melbourne to several areas of New South Wales while potentially infectious, and a friend of Christian Porter's accuser has threatened to sue the former attorney-general for defamation.
The NSW government’s upcoming budget deficit would be $2.7 billion worse than forecast – or almost 50 per cent bigger than expected – without a controversial rail entity propping it up.
The cover-up of a ‘financial mirage’ that has inflated the NSW budget and may put rail safety at risk
We’re sorry, this service is currently unavailable. Please try again later.
Dismiss
Normal text size
Very large text size
The NSW government has attempted to cover up how it artificially inflated the state’s budgets by tens of billions of dollars after it shifted the rail network’s costs onto a corporation that still hasn’t been able to properly operate six years after it was launched.
A trove of highly confidential documents and testimony of whistleblowers reveals NSW Treasury pressured accounting giant KPMG to delete or amend aspects of a report commissioned by Transport for NSW that found the plan could end up costing the state’s coffers more than it saved.