Premier Gladys Berejiklian's claim that the $2 billion cost of knocking down and rebuilding two Sydney sports stadiums represents 1 per cent of spending on health and education is actually more like 17 per cent, prompting claims the government is using "fantasy figures"

In a bid to deflect criticism of the $2 billion plan to raze and rebuild ANZ stadium at Homebush Bay and Allianz stadium at Moore Park, Ms Berejiklian and Sports Minister Stuart Ayres have stated the government will spend about $200 billion on health and education between 2018 and 2022.

However, this figure represents mostly recurrent expenditure on health and education, including the wages of nurses and teachers.

When capital spending is isolated to provide a like-for-like comparison, the figure for health and education works is $11.9 billion.