NSW Planning Minister says ‘build more homes’

Advertisement

NSW Planning Minister Rob Stokes believes the state must continue to build homes despite the immigration-driven slump in population growth:

Mr Stokes said the pandemic would slow population growth in the short term but would not alter the long-term increase that informed housing and land development targets.

“We still need more houses to catch up with a structural shortage in housing supply, and to meet the changing housing preferences of our community,” he said.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.