In The Media
| 25 May 2015
Former NSW premier Nick Greiner says public housing is ‘crap’ and slams bureaucracy
Mr Greiner was speaking on Monday at a meeting of business and community leaders, who had gathered to find solutions to the problems of burgeoning demand and a near absence of new supply, exacerbated by increasingly unaffordable private housing.
Social housing is a vital safety net for society’s most vulnerable, yet the state’s waiting list has blown out to almost 60,000 households. The flailing system runs at a loss of about $300 million a year. The government has controversially been selling properties, such as historic homes at Millers Point, to raise funds – an approach described by the NSW Auditor-General as “not financially sustainable”.
Source: Sydney Morning Herald