NSW Liberals sucker punch first home buyers

Tuesday 11 June 2019

The SMH reports that the NSW Berejiklian government has forgone almost $850 million in revenue in two years to help first-home owners enter the crashing property market:

New figures show the share of first-time buyers purchasing homes in the NSW property market reached 25.3 per cent in April – double the proportion two years earlier.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.