It appears that the NSW Liberal Government has adopted a...

It appears that the NSW Liberal Government has adopted a creative approach to accounting and the NSW Auditor General has to date refused to off on the state's finances.

disallowed/national/nsw/state-government-finances-in-turmoil-as-auditor-general-plays-hardball-20211213-p59h0e.html

"... NSW Treasury was in turmoil on Monday night after the NSW Auditor-General refused to sign off on the state’s finances unless a solution was found to what she described as “significant accounting issues”. It comes the same week as the government is scheduled to hand down its half-yearly budget update.

Former NSW auditor-general Tony Harris, who described the rail entity as a vehicle of deception, said it appeared that the state’s auditors want Treasury to “correct TAHE’s sham accounting”.

“If the government agrees to remove the deceit, it would help show that integrity is important,” he said.

Treasury and the Auditor-General have been at loggerheads for months over TAHE, which a Heraldinvestigation has revealed was set up to inflate the NSW budget by billions of dollars.

Shadow treasurer Daniel Mookhey said the government’s decision to create TAHE was looming as NSW’s biggest ever budget disaster. “TAHE is the type of budget trick people expect from a banana republic – not from the biggest state in the federation,” he said.