The NSW government is splashing out on public transport and road upgrades in this year's budget as part of a record infrastructure spend.
Winners
Public transport users
* A massive $73.3 billion was set aside for state infrastructure over the next four years
* The first stage of the Sydney Metro rail project will move closer to completion in 2019 with a $2.7 billion cash injection, while $277 million will going to light rail projects in Sydney's CBD and southeast, Parramatta, and Newcastle.
Western Sydney
* $400 million to upgrade its trains and rail infrastructure and boost the number of services to booming western Sydney suburbs
Schools
* At least $1 billion for 1100 extra classrooms in the next four years to deal with skyrocketing student
* Smalls Rd, Ryde and North Kellyville to get new primary schools
Health
* $1.6b: hospital upgrades and redevelopments
* $1.8b: mental health services
* $375m: emergency department visits and additional elective surgeries
Business, Small business, Young job seeker
Losers
Foreign property investors
Foreigners buying real estate will pay a 4% stamp duty surcharge that starts on Budget Day. 0.75% land tax surcharge will begin in 2017.
Click the Podcast icon above to listen in this story in Korean.




