Rezoning Could Create 70,000 Homes in New South Wales

People look at a signboard of a property for sale in Sydney, Australia, on May 5, 2022. Brendon Thorne/Getty Images

Up to 70,000 new homes could be built in Australia’s most populated state New South Wales (NSW) as new areas are rezoned, with the NSW premier saying he’s “throwing everything at getting more houses built” as the cost of living continues to bite.

“Working with councils, rezoning is one important lever that we are pulling to get the ball rolling on more housing supply across our state,” Premier Dominic Perrottet said on Monday.