NSW state budget 2024: 30,000 new homes pledged amid ‘unprecedented intervention in housing market’
by Catie McLeod and Peter Hannam from on (#6NKDP)
Housing is at the centre of an otherwise restrained state budget
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New South Wales has been promised 30,000 new homes including 8,400 public housing dwellings under what the treasurer, Daniel Mookhey, says is the state's largest ever investment in housing.
The Minns Labor government has revealed in its second budget that it will make what it describes as an unprecedented intervention in the housing market" by using surplus public land for 21,000 new homes and spending $5.1bn on public housing that will be built and managed by Homes NSW.
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