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NSW government sold 48 properties since April 2025 raising concerns over land banking.
The New South Wales government has sold 48 state-owned properties since April 2025, raising concerns about land banking.
Despite generating over $90 million, only five development applications have been lodged on these sites.
Critics argue the policy is a missed opportunity to address the housing crisis, particularly since the government no longer mandates affordable housing in new developments.
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El gobierno de Nueva Gales del Sur vendió 48 propiedades desde abril de 2025, lo que generó preocupaciones sobre la banca de tierras.