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

The Guardian

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

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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