The NSW government will make the largest single investment in social housing in the state's history as part of the 2024-35 budget.The budget also includes an injection into bulk-billed GP services.
Treasurer Daniel Moohkey said his "must haves and not nice-to-haves" budget "carefully absorbs" a $11.9 billion hit from a loss in GST revenue, rather than creating "misery" by making cuts to services. "NSW needs more homes, more homes for renters, more homes for key workers, more homes for people escaping violence at home."Mr Moohkey said his new social housing measures would deliver 8,400 new social housing homes, 6,200 of which will be new, which the rest are old social homes that will be knocked down and rebuilt.More than 34,000 women and children are on the social housing waiting list, forming up 59.5 per cent of applicants.
Mr Moohkey said Landcom and Housing NSW would get first dibs in the land sales, with private developers able to develop the land and sell it on the private market after that.On Sunday the government announced $450 million for an as-yet undefined list of essential workers, through a built-to-rent scheme run by government development agency, Landcom.
"This gives GPs across NSW certainty that they can continue to operate and keep their doors open for patients, without fear of being hit with a huge tax bill that will shut them down," she said.