Dominic Perrottet made the pledge on Wednesday during a visit to Albury which saw him meet managers of councils hit by the rules of the NSW Treasury Corporation (TCorp).

TCorp's rules give greater protection to major banks and discourage council investment with entities, such as Hume Bank and WAW Credit Union, which are considered unrated institutions.

Councils have been threatened with reduced access to low interest loans if they fail to drop their exposure to lesser lenders.

After facing council managers, including Albury city chief executive Frank Zaknich, Mr Perrottet said he would act.

"I'm certainly going to look at it, it was raised today in the meeting by a couple of councils, in terms of being able to get access to finance particularly for local infrastructure projects," Mr Perrottet said.

"It is something I will take back to TCorp. We're going into caretaker mode on Friday, so I'll be raising it in the next 24 hours and should we be elected in March, it will be top of the list.

"It is something I am certainly happy to look at and if flexibility is required then it is something we will do."

Mr Perrottet declined to say whether the rules were unfair, but acknowledged regional councils had different lending situations to their Sydney counterparts.

"All council needs are different, whether they are in regional NSW or metropolitan Sydney, I'm happy to look at whether or not there can be greater flexibility to regional councils on a case-by-case basis and I will raise that with TCorp," he said.

Mr Perrottet also criticised the Labor Party's plan to not proceed with the Coalition's payroll tax threshold raises which will go from $850,000 to $1 million by 2021-22.

"It will cost mum-and-dad small businesses in Albury around $8000 a year in extra taxes," he said.

Labor candidate for Albury Lauriston Muirhead defended his party's policy as being for the greater good.

"Obviously tax has to be balanced against what you're going to spend the tax on," he said.

"Labor will always prioritise health and education and currently I believe the balance is right."