It would mean one nurse for every three patients in major emergency departments, one midwife for every three mothers in postnatal wards and one nurse to each patient in adult and paediatric resuscitation beds.

Labor plans to pay for guaranteed nurse-to-patient ratios with duties on luxury yachts over $200,000 and luxury vehicles over $100,000.

Tamworth Labor candidate Steve Mears said his party was putting health before Sydney stadium upgrades.

“Whether you have a kid visiting the emergency room or you are expecting a baby, everyone deserves to have the improved standards of care that come from mandating nurse-to-patient ratios.”

“Only Country Labor will deliver on more nurses and midwives where they are needed in Tamworth, Gunnedah and throughout our regions, and unlike the Nationals, we will never ever privatise hospitals.”

The Coalition has also announced an extra 5000 nurses and midwives as part of an election promise.

Currently in NSW, there is no requirement for nurse-to-patient ratios in public hospitals.

Unlike cars, there is currently no stamp duty paid on luxury yachts. Labor's luxury yacht duty is expected to apply to the top three per cent of luxury boats.

Once a luxury yacht is purchased for more than $200,000, a duty of $7,600 and $9 for every $100 above $200,000 will apply. This will rise to $12 for every $100 over $300,000.

A stamp duty of $3 per $100 currently applies to motor vehicles, rising to $5 per $100 for vehicles over $45,000. There are no additional payments for luxury vehicles above $100,000. 

Luxury vehicles sold for more than $100,000 will now attract an additional duty of $7 per $100 above $100,000. This will rise to $9 for every $100 over $150,000.

Together these measures will raise approximately $240 million to help pay for the nurse-to-patient ratios.