Number of new houses being built set to nosedive

Building costs have soared up to $60,000 in a single year, according to the latest Bureau of Statistics figures. The number of new houses being built in 2024 is set to nosedive to the lowest level in eight years. The government has suggested the solution to the housing crisis is more new homes. In Western Sydney, mayors are rallying against a New South Wales government proposal to add an extra tax on the construction of new homes in the region. Sky News Australia was joined by Liverpool Mayor Ned Mannoun to discuss the housing crisis.