![Treasurer Gladys Berejiklian announces the half-yearly budget forecast at the Four Seasons Hotel in Sydney.](/web/20161213215131im_/http://www.smh.com.au/content/dam/images/g/t/9/q/b/u/image.related.landscape.460x307.gt9sft.png/1481614504935.jpg)
'Victims of our own success': NSW's $11b GST hole
By 2019-20, residents in NSW will pay $23.7 billion in GST and get back just $17.8 billion.
By 2019-20, residents in NSW will pay $23.7 billion in GST and get back just $17.8 billion.
There's a big downside to NSW's economic success.
NSW growth rate "historic"
As Sydney gets bigger and more densely populated it is also gets much richer. But there's a catch – new research shows a disproportionate share of the wealth is going to top income earners as Australia's major cities grow and that is breeding greater inequality.
Doubling Australia's annual migration intake over the next 40 years would deliver big economic benefits but can our cities manage?
We build big homes, but they're not getting bigger
Australians want better infrastructure but they are very wary about foreigners owning it.
The International Monetary Fund recommends that governments phase out tax incentives, such as negative gearing, that encourage borrowing.
Mike Baird's $77 billion state budget is more than double what his predecessors had to spend just 15 years ago.
Non-routine jobs are becoming steadily more important.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.