Key NSW Apartment Plan only Tackles 'One Small Part of the Problem'

Key NSW apartment plan only tackles 'one small part of the problem'

A key measure in the NSW budget designed to stimulate development has been described as a "drop in the ocean" that will only help tackle "one small part" of the state's housing shortage.

NSW budget shows $3.4b deficit, offers housing guarantee

NSW opposition doubts Treasurer Daniel Mookhey’s two-year path to surplus and labels its housing policy a “drop in the ocean”.

NSW Budget focuses on housing

Housing was front and centre of the NSW Government’s Budget this week with Treasurer Daniel Mookhey committing $1 billion to developers to build new homes. Over a five-year period, the government will act as guarantor on up to 50 per cent of approved housing projects across the state. The Australia-first initiative will provide between $5 million and $50 million in pre-sale guarantees for each project. The scheme – which will proceed on a rollin…

Cautious path to surplus in back-to-basics budget

Charting a path back to surplus, the treasurer compiling Australia’s largest state budget has advised caution amid global uncertainty as he trumpets stability. NSW Treasurer Daniel Mookhey unveiled the $128 billion 2025/26 state budget on Tuesday focused on housing, essential workers and protecting vulnerable communities. “Investment in our essential services is up, debt is down, and NSW is back on the path toward surplus,” Mookhey told reporter…

Cautious path to surplus in back-to-basics budget • The Western Weekender

Charting a path back to surplus, the treasurer compiling Australia’s largest state budget has advised caution amid global uncertainty as he trumpets stability. NSW Treasurer Daniel Mookhey unveiled the $128 billion 2025/26 state budget on Tuesday focused on housing, essential workers and protecting vulnerable communities. “Investment in our essential services is up, debt is down, and NSW is back on the path toward surplus,” Mookhey told reporter…