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ExclusiveLeon Della BoscaTue 24 Jun 25

NSW Budget ‘Groundbreaking’ $1bn Guarantee to Unlock Housing

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Medium Density housing in NSW
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The NSW Government has unveiled a groundbreaking $1-billion Presale Finance Guarantee scheme as the centrepiece of its 2025-26 Budget, designed to unlock finance barriers that have prevented viable housing projects from proceeding.

Under the Australian-first guarantee scheme, the state would back presales for up to 5000 apartments through a revolving fund to help developers secure finance for an estimated 15,000 new homes over five years.

NSW planning minister Paul Scully says meeting presale requirements has been “the most common issue cited by industry in beginning construction”.

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OtherNew South WalesPolicy
AUTHOR
Leon Della Bosca
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Article originally posted at: https://www.theurbandeveloper.com/articles/nsw-budget-1-billion-presale-finance-guarantee-housing-development