An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
Owning a home has been out of reach for many Australians for many years but a new federal deposit scheme starting today aims to give first home buyers a leg up.
Long-standing, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.
Aerotropolis precinct near the under-construction Western Sydney Airport will receive $835 million in support as part of the NSW budget.
Building more than a million homes is a high bar to clear in a stagnant housing market, but the government says it is committed to railing on red-tape.
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