New home starts have plunged to the lowest level in more than a decade, as constrained conditions in the building industry and elevated interest rates crunch the construction of new housing. Work commenced on just 163,836 new homes during 2023, down 6.4 per cent on the year prior, the AustralianContinue Reading
A leading Sydney mayor has described Chris Minns as a “dictator” and “bully” for threatening to go “nuclear” on councils who oppose his major housing reforms. In an exclusive sit-down with news.com.au, New South Wales Premier Mr Minns warned the skyrocketing cost of rents and ever-rising home prices had forcedContinue Reading
Sydney has a major problem. Australia’s largest city, once a vibrant and exciting place to live that ranked on par with global icons like New York and London, is haemorrhaging young people. A major driver is the skyrocketing cost of housing, where it’s not even homeownership that upcoming generations worryContinue Reading
The illicit cannabis market is allowing Sydney’s criminal gangs to fund activities, including the gangland war, Legalise Cannabis Party MP Jeremy Buckingham has said. During a grilling of NSW Premier Chris Minns on Wednesday, Mr Buckingham said revenue generated by the black market cannabis sales “provides the resources to theseContinue Reading