$400 million to kickstart new housing supply: NSW state budget

$400 million to kickstart new housing supply: NSW state budget
$400 million to kickstart new housing supply: NSW state budget

In handing down the recent state budget the NSW state government announced it will inject 'windfall tax revenue' into the Housing Acceleration Fund to counteract the challenge of housing affordability.

$400 million has been earmarked for Restart NSW to drive new housing supply. 

The state budget included a total of $641 million for social and affordable housing projects.

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0 million to kickstart new housing supply: NSW state budget

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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