A growing population means NSW will need 377,000 homes within the next five years to be on par. However, last year, only a little over 48,000 homes were completed, well below the 59,000 completed in Victoria.
The housing shortage is also impacting on a national level. As part of Labour’s federal budget on Oct. 25, Treasurer Jim Chalmers announced a national plan to build one million energy-efficient homes in five years by 2029.
Jim Birchall
Author
Jim Birchall has written and edited for several regional New Zealand publications. He was most recently the editor of the Hauraki Coromandel Post.
