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NSW struggling to meet housing targets due to funding and labour shortfalls, says Premier

07/04/24
Sky News Australia
Dans Asie / Australie

New South Wales Premier Chris Minns reveals the state is struggling to meet housing targets as he calls on the federal government to fast-track tradies immigration into Australia. The target for New South Wales which was set out by the federal government in August will need to see an average of 75,000 new accommodations built a year over the next five years. “In the next year and a bit in New South Wales our proportion of the national figure will be extremely difficult to meet. “I want to be upfront about that. “We’re coming from a long way behind; we’ve got major constraints when it comes to financing from banks as well as labour to build the actual houses. “In the long run, it’s important to have targets and in the end, everyone needs to know the scale, particularly when it comes to completions for a major city like Sydney.”

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