Categories World

NSW Coalition proposes cuts to ‘crippling’ fees on housing construction in budget reply

Exclusive: Opposition leader to outline plan for lowering costs amid state’s ongoing housing crisis

The New South Wales opposition will call for cuts to levies that add to the cost of building homes in the state and likely propose changing government fees to try to improve the viability of major residential projects.

A $12,000 Housing and Productivity Contribution was introduced in May 2023 soon after the Minns Labor government was elected, replacing the previous Special Infrastructure Contribution, which applied to specific development zones.

Sign up for Guardian Australia’s breaking news email

Continue reading…

More From Author

Leave a Reply

Your email address will not be published. Required fields are marked *