Housing completions have fallen more than 30 per cent in the last quarter in a damning indictment on the Minns Labor Government\u2019s approach to the housing crisis in NSW.
Australian Bureau of Statistics (ABS) Building Activity Data shows just 8,883 new homes were completed in NSW during the March quarter, down from 13,513 in the previous quarter.
Just 44,804 homes were completed in the 12 months to March 2026, well below the 75,288 homes required each year to meet Labor\u2019s National Housing Accord target.
Leader of the Opposition Kellie Sloane said government taxes, charges and contributions are challenging the viability of projects.
\u201cRather than making up ground Labor is falling further behind, now 40.8 per cent behind its National Housing Accord target,\u201d Ms Sloane said.
\u201cWhen taxes and charges make up almost half the cost of a new home, builders walk away, families miss out and NSW falls further behind.\u201d
Shadow Minister for Planning and Public Spaces Chris Rath said the Minns Labor Government had nothing for housing in the budget and had no plan to solve the crisis.
\u201cInstead of pursuing real reform and delivering the homes needed, Labor is pushing forward with a broken model,\u201d Mr Rath said.
\u201cLabor makes a big song and dance about its approach, but the harsh reality exposed by this data shows that is not resulting in completed homes.\u201d
Over the coming months, the NSW Liberals and Nationals will continue rolling out our plan for a stronger NSW. Housing policies already announced include:<\/p>\n\n\n\n
Housing completions have fallen more than 30 per cent in the last quarter in a damning indictment on the Minns Labor Government\u2019s approach to the housing crisis in NSW. Australian Bureau of Statistics (ABS) Building Activity Data shows just 8,883 new homes were completed in NSW during the March quarter, down from 13,513 in the previous … Continue reading “Labor falls further behind on housing completions”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-39848","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/39848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=39848"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/39848\/revisions"}],"predecessor-version":[{"id":39849,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/39848\/revisions\/39849"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=39848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=39848"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=39848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}