Australia’s New South Wales Launches Shared Equity Housing Scheme

Australia’s New South Wales Launches Shared Equity Housing Scheme
A general view of properties at North Lakes in Brisbane, Australia, on June 10, 2016. Glenn Hunt/Getty Images
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Frontline workers and singles over 50 will receive “a leg up” into the New South Wales property market, with the Australian state government to introduce a shared equity housing scheme in this week’s budget.

Premier Dominic Perrottet says housing affordability is becoming a challenge for families across the state.