The Guardian

Housing push centrepiece of NSW budget which projects $3.43bn deficit next financial year


Financial position of Australia’s most populous state then expected to improve with a projected surplus in 2027-28

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The New South Wales government has unveiled a plan to boost housing construction in its 2025-26 budget by helping developers finance new projects and increasing Tafe funding for trades.

The Minns government’s housing program involves the government being guarantor on thousands of dwellings to assist mid-level developers get finance, and is the centrepiece of Tuesday’s state budget. It otherwise looked to control spending and focused on repairing the bottom line.

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Source link : https://www.theguardian.com/australia-news/2025/jun/24/housing-push-centrepiece-of-nsw-budget-which-projects-343bn-deficit-next-financial-year

Author : Anne Davies and Jonathan Barrett

Publish date : 2025-06-24 02:01:00

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