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AAP
AAP
Politics
William Ton

Development red tape cut in NSW budget housing plan

The NSW budget will include a $253.7 million boost to help speed up housing development approvals. (Bianca De Marchi/AAP PHOTOS)

New homes will be fast-tracked under NSW budget initiatives worth hundreds of thousands of dollars to reduce development red tape as the government looks at mimicking the bank of mum and dad.

A $253.7 million budget boost to pay for more planners and technology will speed up housing development approvals critical to addressing the housing crisis which the government said has resulted in a generation of young people and families leaving NSW.

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