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Here it comes. At Domain:
The Berejiklian government is considering a $500 million property spending spree, snapping up unsold apartments and fast-tracking construction as part of its coronavirus economic recovery plan.
A cabinet briefing paper, prepared by the government’s Land and Housing Corporation, says a “housing-focused stimulus package” would accelerate development and boost employment in NSW.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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