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flag 18.8% decline in NSW dwelling approvals in June exacerbates Australia's housing crisis.

flag New South Wales (NSW) experienced a sharp 18.8% decline in dwelling approvals in June, worsening Australia's housing crisis. flag REINSW CEO Tim McKibbin urges the state government to reconsider housing policies, citing high taxes, approval delays, and rental reforms as factors exacerbating the crisis. flag McKibbin recommends the NSW government revises tax settings, holds development-averse councils accountable, and revokes planning powers for councils failing to meet housing quotas. flag In contrast, Queensland saw a 14.6% increase in dwelling approvals in June.

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