Upon taking over as Premier of NSW in late 2016, Gladys Berejiklian labelled the housing affordability crisis as “the biggest issue people have across the state” and vowed to tackle it.
However, rather than implementing concrete measures, the subsequent State Budget instead offered fake stamp duty concessions to first home buyers (FHBs), which like FHB grants is a policy guaranteed to place upward pressure on house prices and make housing less affordable.
