Housing and renters are said to be 'the big winners' in Labor's third state budget with commitments that will benefit battling people, according to the NSW Treasurer.

Daniel Mookhey announced a new ‘Pre-sale Finance Guarantee’ package on buying homes – meaning the government will act as a guarantor.

‘’The scheme will directly add 5000 new homes by going guarantor for developers on unsold properties and will indirectly add 15,000 new homes over the next five years by offering builders the security to start new projects through purchasing unsold stock," he told reporters post budget.

The government said these projects are the hardest to finance due to the long time commitments, with the state promising to buy anything that is left unsold.

Today's Budget also delivered what has been hailed by Barwon MP Roy Butler as 'record' investment to specific projects across western NSW.

Pairing the “Pre-Sale Finance Guarantee” Mr Mookhey also announced a permanent 50 per cent land tax discount for build-to rent projects.

The budget also includes a $5.1bn plan to build 8400 homes for social housing, half of them to be used for survivors of family and domestic violence.

Mookhey continued to deliver a reduced deficit of $3.4 billion, down from $5.7 billion in 2024-25 and $15.3 billion inherited in 2021.

The state also returned to a cash surplus, meaning the government is no longer borrowing to keep up with its day-to-day expenses.

The government's overall position is still in the red, but Mookhey is confident his measures support the projected return to a surplus in 2026-27.

"This is a responsible, sustainable budgeting, delivering real investments while building long-term resilience," he said.

NSW Treasurer Daniel Mookhey.

State Member for Barwon Roy Butler has welcomed the NSW Budget commitments in his patch.

''We have seen a very welcome $21 million increase in electorate specific funding.

"With the multi electorate funding added in, Barwon will see around $1 billion in funding and shared projects. That’s a record!"

He thanked the NSW Premier and Treasurer for taking his "requests for funding seriously".

"It’s meant substantial funding for Barwon, in what is a pretty tight financial environment.

"I also want to acknowledge the work of my team, and the Ministers who have traveled to Barwon, and have supported my bids.

"In coming weeks we will talk about specific funding and projects we have been able to negotiated,'' he said.

Roy Butler, MP for Barwon. IMAGE: Western Plains App

 Other standout features of the budget which offer hope to regional communities includes $272.7 million to be invested in domestic, family and sexual violence services, and to support victim-survivors.

"The Government understands that victim-survivors face unique barriers in regional communities," said Premier Chris Minns.

"This funding will strengthen service delivery and increase avenues for women and children across the state to seek help and safety."

This Budget includes $48 million to improve mobile coverage on major regional highways across the state; $246.369 million for Regional Multi-Purpose Services (MPS) Facilities; and $33.4 million for diversionary programs to address youth crime.

An additional $5.2 million has been earmarked for First Nations-led culturally responsive suicide prevention initiatives.

Other allocations to state-wide programs that may reach part - or all - of our region include:

•  $9.3 million for the Feral Pig and Pest Control Program

• $5.7 million for heavy vehicle rest stops to combat driver fatigue

• $49.2 million in government-owned residential housing in out-of-home care, built or upgraded to deliver safe and stable housing for children 12+ with complex needs, including homes in Hunter, Far West and other regional locations.

• $26.351 million for rail upgrades

• $31.267 million for road upgrades

• $24.4 million for the Doppler Radar Network

• $6.382 million for social housing

• $15 million for the Royal Flying Doctor Service.

Site specific initiatives within - or servicing - the western plains announced so far are:

• $13.3 million for major upgrades to Bourke Police Station

• $30.064 million for water projects and sewerage treatment plants in Brewarrina, Condobolin, Coonabarabran, Dunedoo, Lachlan Shire, Cobar, Tottenham, White Cliffs, Collarenebri, Baradine, Binnaway and Lightning Ridge. 

• $830,000 for the Down The Track Program for young people in Lake Cargelligo and Murrin Bridge.

• $2.2 million for the Blue Plaques program in Walgett. 

• Continuing $128.0 million of community and employment benefit grants to deliver infrastructure, housing and community projects in the Central-West Orana Renewable Energy Zone, which includes Warrumbungle and Narromine shires.

• $1.8 million for Community Connectors to continue providing support to First Nations high school students in Lightning Ridge and Wilcannia.

• $3.5 million in additional funding for the National Water Grid Nyngan to Cobar Project, co-funded by the Australian Government. This is in addition to the $36.3 million previously funded and aims to replace two pump stations at Nyngan and Hermidale.

• Continuing the $10.0 million Western NSW Workforce Activation Package to establish, expand or upgrade early childhood education and care across Bourke, Broken Hill and Cobar.

• $1.0 million over two years additional contribution for the development of the Australia Opal Centre in Lightning Ridge.

• $23.1 million for the Dubbo Alcohol and Other Drug Residential Rehabilitation Centre helping Western Plains offenders.

“I will be following up with the government to make sure Barwon receives its fair share of this state-wide program funding,” Mr Butler said. 

“I do note that there was only $25.413 million allocated towards the Regional Development Trust, compared to $50 million last year, which is one area of concern with this Budget."