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More than 3.6 million NSW residents will receive immediate tax relief and the state's infrastructure boom will be further boosted with $7.3 billion for new rail and road projects.
Funding to health and hospitals in NSW will also increase, while GST payments, which the state government has repeatedly said leaves NSW "short-changed" will also rise this financial year.
The first federal budget after the NSW Coalition government was returned for a historic third term has revealed a tax cut of up to $1080 this financial year for more than 3 million residents.
More than 1.1 million small- and medium-sized businesses will also be eligible for the instant asset write-off, which is being increased to $30,000.
NSW has a $90 billion infrastructure pipeline planned over the next four years but the state will also receive more than $7 billion from the federal government for new projects.
Last year's budget gifted NSW a small bucket of money for three projects.
Included in this year's funding is $3.5 billion for the first stage of the Western Sydney North South Rail Link, including $61 million for the Elizabeth Drive Overpass.
The new rail line will run from St Marys to Sydney's new airport at Badgerys Creek.
There is $1.6 billion for the extension of the M1 Pacific Motorway at Raymond Terrace, as well as $500 million for an upgrade of the Princes Highway.
A third crossing on the Hawkesbury River will be built with a $200 million investment and there will also be $254 million from the expanded Urban Congestion Fund for projects in Sydney and the Central Coast, targeting pinch points in Eastwood, Kirrawee and Sydney Olympic Park.
Commuter car parks in Gosford, Panania, Hurstville and Woy Woy will also be funded out of a $50 million pocket of the federal government's Urban Congestion Fund.
The federal government will also provide $40 million for detailed assessments of fast rail corridors, including in NSW from Sydney to Wollongong and Sydney to Parkes (via Bathurst and Orange).
The government has already funded a study into fast rail from Sydney to Newcastle.
This article first appeared on www.smh.com.au
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