Discover who the biggest winners and losers are in the NSW Budget 2024, including a historic housing intervention and key budget highlights!
The NSW Budget 2024 has sparked excitement and debate with its ambitious plans to deliver up to 30,000 new homes. The Minns Labor Government's groundbreaking move involves leveraging surplus government land to address the housing crisis. With over $5 billion dedicated to social housing, including 8,400 new homes, the budget aims to provide essential support to those in need.
From frontline workers and social housing tenants to prospective homeowners, the budget has both winners and losers. While essential workers and developers celebrate the housing boost, middle-income households face cost-of-living pressures. The budget unfolds as a mix of necessary investments and tough decisions, reflecting the government's strategic planning.
The NSW Treasurer's emphasis on 'must-haves' over 'nice-to-haves' sets the tone for the budget's focused priorities. Despite limited cost-of-living relief, the budget signifies a significant commitment to social housing. Building 8,400 new homes is just the beginning of the government's extensive housing plans.
In conclusion, the NSW Budget 2024 brings a mix of hope and challenges for the people of New South Wales. As the state navigates through economic and social reforms, the budget sets a foundation for addressing critical issues around housing and cost of living.
Did you know? The $5.1 billion investment in social housing will create 8,400 new homes, marking a historic milestone for housing initiatives in New South Wales.
The Minns Labor Government will deliver up to 30000 new homes with an unprecedented intervention in the housing market by leveraging surplus government land ...
The NSW government promises 30000 new houses in the budget, including just over $5 billion towards new and refurbished social housing.
From bulk billing GPs and frontline workers to renters and the environment, here's who won and lost in the Minns government's state budget.
Social housing tenants. The biggest budget splash is $5.1 billion on creating 8400 homes for social housing: 6200 will be new builds and another 2200 homes in ...
A budget of “must-haves,” not “nice-to-haves” was how NSW Treasurer Daniel Mookhey handed down his second state budget of Tuesday.
NSW Treasurer unveils a restrained budget aiming for social housing while offering limited cost-of-living relief. See who wins and who loses.
Framed as a budget of “must haves” not “nice to haves”, this is a low-wattage mid-term plan from NSW's high-energy Treasurer Daniel Mookhey.
A record multi-billion spend on social housing is at the heart of New South Wales' 2024 Budget, and support...
Six of our experts – Alexandra Smith, Matt Wade, Matt O'Sullivan, Michael Koziol, Lucy Carroll and Angus Thomson – break down the economic and political ...
Prospective homeowners, essential workers and developers are the biggest winners, while middle-income households facing cost of living pressures lost out.
The Budget provides an opportunity to update the NSW Government's economic forecasts and announce new measures that impact a range of community stakeholders ...
The Insurance Council of Australia (ICA) has today welcomed the significant funding for resilience in the New South Wales Government's 2024-25 Budget as a ...
More than 3000 new homes that are to be built by the NSW government will be prioritised for victims of family and domestic violence.
There's additional funding for domestic violence prevention and GPs will be given an incentive to bulk-bill with the offer of payroll tax relief. The state ...
New South Wales Treasurer Daniel Mookhey has delivered a restrained budget today, after the the state rece...
Sydney's booming property market is generating billions of dollars in unexpected revenue, giving the Minns government some much-needed breathing room.
Health, transport, education and a shaky economic forecast: Follow our live coverage as NSW Treasurer Daniel Mookhey hands down Labor's budget.
Amid union wage demands and a budget focused on must-haves, questions have been raised over the cost of...
The NSW government will build thousands of new homes on surplus government land to tackle housing supply, the 2024–25 budget for NSW has revealed.
Looking to reduce pokies harm while boosting their tax revenue, Mookhey puts the Office of State Revenue's greatest hits on high rotation.
The Minns Labor Government unveils its plan to tackle the housing crisis and curb cost-of-living pressures.
Housing for essential workers and billions in funding for new and upgraded schools are just some of the big-ticket items in NSW Treasurer Daniel Mookhey's ...
The NSW government will bolster the capacity of the Office of Local Government to the tune of $37.4 million.
The government's 2024 NSW State Budget has garnered a mixed response throughout the region. While Business Hunter welcomed Treasurer Daniel Mookhey's plans ...
The NSW Government has underlined its commitment to gambling harm minimisation measures with a $10 million boost for the Responsible Gambling Fund.