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Ministerial News

20-year vision to take Pyrmont peninsula to the next level

20-year vision to take Pyrmont peninsula to the next level

A new 20-year vision for Pyrmont will shape the waterfront peninsula as an innovative, connected and creative around-the-clock destination, providing much-needed jobs, investment and economic growth, part of the NSW Government’s COVID Recovery Plan.

Land tax cut to drive our state’s build-to-rent revolution

Land tax cut to drive our state’s build-to-rent revolution

The NSW Government will introduce a land tax discount for new build-to-rent housing projects until 2040 and a new Housing Diversity SEPP to provide more housing options, greater surety for renters, boost  construction and support jobs during the COVID-19 recovery.

Big boost for first home buyers as stamp duty slashed

Big boost for first home buyers as stamp duty slashed

First home buyers and the construction industry will be the big winners under a targeted boost, which will eliminate stamp duty on newly-built homes below $800,000 and slash thousands of dollars for properties up to $1 million.

Economic & Fiscal Update: Response Turns to Recovery

Economic & Fiscal Update: Response Turns to Recovery

The last 12 months have been up there with the toughest ever.

First, came drought – the worst in a century – with dams depleted and regional communities on the brink.

We deployed our financial strength, with more than $2 billion in relief and assistance.