# NSW Economy Faces Slowdown, Renewable Energy Hopes

Page: https://stenobird.com/podcast/australia-news-today-2-min-news-the-daily-news-now-7569932/nsw-economy-faces-slowdown-renewable-energy-hopes
Text version: https://stenobird.com/podcast/australia-news-today-2-min-news-the-daily-news-now-7569932/nsw-economy-faces-slowdown-renewable-energy-hopes.md
Podcast: [Australia News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/australia-news-today-2-min-news-the-daily-news-now-7569932)
Published: 2026-05-20T06:07:05+00:00
Episode link: https://api.fastcast.ai/audio/c0e65448-6557-4a9c-8190-8378eab0751e.mp3
Audio file: https://api.fastcast.ai/audio/c0e65448-6557-4a9c-8190-8378eab0751e.mp3
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Duration seconds: 101

## Resource

New South Wales Treasurer, Daniel Mookhey, reveals a grim economic forecast, with growth projections slashed to one percent due to the Middle East crisis and rising interest rates. Despite the slowdown, Mookhey remains optimistic, attributing NSWs resilience to its significant investment in renewable energy projects. He also emphasizes the economic benefits of pursuing net-zero emissions goals, positioning them as a strategic move to avoid a recession. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/a68b3d0941a99d2d

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