The New South Wales Government yesterday released the final result for the 2013-14 State Budget, which revealed a surplus of $1.247 billion driven by a huge lift in stamp duty receipts on the back of the booming housing market. The result is a huge turnaround from the $329 million deficit originally forecast for 2013-14.
The General Government Sector Budget Result was a surplus of $1.2 billion, and the Net Operating Balance of the Total State Sector was a surplus of $2.8 billion.