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Article: NEW STH WALES GOVT HOPING TO RENEW ECONOMY, APPEAL WITH BUDGET.
- Article from:
- AsiaPulse News
- Article date:
- June 12, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, June 12 Asia Pulse - When the New South Wales (NSW) government delivers its budget next Tuesday it will be hoping it can revive more than just the Australian state's flagging economy.
Premier Nathan Rees and Treasurer Eric Roozendaal have framed the budget at a time when, despite their denials, the state is technically in recession.
Figures released this week put NSW's unemployment rate at 6.4 per cent - the highest in Australia.
It was more bad news for a Labor government well behind in the polls and mired in speculation about Mr Rees' leadership.
Dumped planning minister Frank Sartor remains the most immediate threat to the ...