Damien Tudehope
Acting NSW Leader of the Opposition
Acting NSW Opposition Leader Damien Tudehope said only a Liberals and Nationals Government will ease the burden of Labor’s higher taxes and charges on new housing that have led to NSW performing worse than every other mainland state.
“The numbers today only reinforce this devastating reality for prospective home buyers who will be left dreaming of getting on the property ladder. In the last 9 months, 23,500 hopeful NSW residents have had their dreams of home ownership smashed by the inability of Chris Minns and Labor to make it more viable to build new homes.”
“Chris Minns and Labor must finally face up to reality: NSW can’t tax our way to more housing. Affordability starts with supply, and supply starts with a government that gets out of the way—not one that stacks on more costs,” Mr Tudehope said.
“In the Budget Reply, the Coalition announced we would make home construction more viable by pausing Labor’s $12,000 tax on every new for the life of the National Housing Accord and afterwards defer collection of the Housing and Productivity Contribution from the construction certificate stage to the occupation certificate stage to improve cash flow.
“More people are being left to compete over fewer new homes under Labor. The recent NSW Budget admits that under Chris Minns and Labor, NSW has seen more net household formations than net housing completions. No wonder the housing crisis is getting worse.
“Labor has made the housing crisis worse by failing to deliver the homes to cater for our growing population, by making new homes more expensive with higher taxes and construction less viable and by failing to provide the essential infrastructure the sector needs to actually get on with the job of delivering more homes,” Mr Tudehope said.