Housing affordability is an important component of overall housing wellbeing, and it is because the state government has fiscal (taxation and spending) powers that can influence what households and businesses do, that the State Budget is so important. This set of proposals highlights important measures we would like to see in the State Budget for 2017-18.
It also includes some nonfiscal proposals. This is because other state government agencies apart from NSW Treasury influence people’s housing circumstances.
Shelter NSW is putting forward these 10 proposals to promote housing wellbeing across New South Wales. They mainly focus on things that would help lower-income and disadvantaged households. The reason for this is clear: the widening inequality that we have seen over the last few decades is neither fair nor just.