In The Media | 25 May 2015

Former NSW premier Nick Greiner says public housing is ‘crap’ and slams bureaucracy

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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