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The incumbent Liberal and Nationals Government led by Premier Mike Baird was re-elected with a reduced majority in the Legislative Assembly, where government is formed. The main Opposition Labor party under Luke Foley won an increased share of the vote in most districts, though the party lost ground in some key races, including Foley's seat of Auburn. Large areas of Labor "heartland", lost to the Liberals during the landslide in 2011, returned to the Opposition, particularly in Western Sydney, the Central Coast and the lower Hunter.

Baird had campaigned on a controversial plan to lease 49 per cent of the state-owned electricity distribution network (known as the "poles and wires") in order to deliver an ambitious transport and social infrastructure program. Labor, supported by the state's union movement, ran on an anti-privatisation platform, while also promising a moratorium on coal-seam gas (CSG) extraction, and encouraging voters to register a protest vote against the Liberal-led Coalition federal government. Although the poles and wires proposal was poorly-received in opinion polls, Baird himself was widely liked by the electorate.

Candidate nominations closed on 12 March and early voting began on the 16th.