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Cash to boost land for housing in Sydney

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May 16, 2017

Western Sydney councils will be offered cash incentives to speed up the release of land for housing.

Western Sydney councils will be offered cash incentives to speed up the release of land to build new housing.

Federal Treasurer Scott Morrison will on Tuesday announce the plan for a number of councils to apply for financial incentives, with the aim to build an extra 185,000 over the next 20 years, the Daily Telegraph reported.

Assistant Minister for Cities Angus Taylor says the total amount of funding available is still being negotiated but would be in the tens of millions of dollars.

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