It has come to light that over $1.46 billion designated for projects in regional New South Wales (NSW) was diverted to cover cost overruns in metropolitan areas during the previous administration led by the Liberal and National parties.
The government-managed fund, Restart NSW, which is mandated by law to allocate 30 percent of its budget to regional communities, fell short of this goal during the previous government’s tenure. Only 24.4 percent of the funds disbursed during that period found their way to regional NSW, resulting in a staggering $1.46 billion intended for regional development being redirected to Sydney and metropolitan areas.
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