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Rising property prices leaving thousands homeless while Government squanders windfall

The NSW Government is the beneficiary of an unexpected additional $1 billion in stamp duty from an out of control housing market but has failed to use this windfall to adequately invest in social housing to ensure people on low incomes across NSW do not end up homeless.

While the Government boasts that housing prices in Sydney have surged 20% since the start of the pandemic homelessness services throughout NSW are struggling with increased demand due to rising rents for people on low incomes and low vacancy rates in many areas of NSW.

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Other News

Submission to the National Plan: Our call for a system-wide approach to ending homelessness 

October 26, 2023

Read our submission to the consultation on the development of the National Housing and Homelessness Plan. Homelessness NSW have emphasised the importance of a human rights-based approach to housing and homelessness and addressing the structural drivers of homelessness (particularly poverty and discrimination).

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