Home buybacks in flood-prone NSW ‘cheaper’ than plan to raise Warragamba Dam wall, experts say

Infrastructure NSW says buybacks on Sydney's fringe could cost $5.2bn but expert argues price would be nowhere near' that

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A large-scale property buyback scheme in flood-affected parts of the Hawkesbury-Nepean valley would cost more than $5bn, according to the New South Wales government's own estimates.

But experts have questioned the price tag, saying more targeted buybacks would be cheaper than the Coalition government's plan to raise the Warragamba Dam wall.

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