"NSW Budget set for May 24"

Ninemsn web site 5 April 2005

The NSW Budget would be handed down on May 24, the NSW government said.

"There's going to be a Budget and it's going to be held on May 24," a spokesman for Treasurer Andrew Refshauge said.

The budget is expected to contain changes to land tax on investment properties.

The government last year abolished the $317,000 land tax-free threshold, making more than 300,000 properties liable for the tax for the first time.

Mr Carr said he was aware of public concerns about land tax.

Further Information

For further information contact: