Post by NSW Treasury

Last week, NSW Treasury was delighted to host a delegation from the Korean Institute of Local Finance (KILF) for a productive discussion on strengthening public finance and learning from each other’s experiences. During the visit we: • Explored the similarities and differences between our respective tax systems, including shared policy challenges and opportunities for reform • Discussed the financing challenges faced by local governments, particularly in delivering high-quality services amid evolving community needs • Shared experiences and insights on supporting local government to fund the vital services and infrastructure that keep communities thriving Engagements like these highlight the value of international collaboration and the exchange of ideas across borders. Thank you to our Korean colleagues for their expertise and interest in the work we do.