Critics say NSW is lagging behind in housing supply
Expert says 'the lack of direct investments in supply side initiatives will make it harder to turn around the housing crisis'.
Expert says 'the lack of direct investments in supply side initiatives will make it harder to turn around the housing crisis'.
With more than eight million residents to serve, NSW has had enough after it lost out again in a contentious GST carve-up of more than $100 billion.
Home prices around the nation increased slightly in December to a new record high of $880,000 as Adelaide, Brisbane and Perth led the charge.
Drawn-out planning approvals are being sped up with a one-stop shop ticking off major projects, heightening environmentalists' concerns about fossil fuel plans.
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.