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Politics

Duncan Murray

Greens to tax homes of 'obscenely' wealthy

Greens Jenny Leong New South Wales

The NSW greens are calling for more tax on owners of luxury properties, to fund affordable homes. (Joel Carrett/AAP PHOTOS) (AAP)

The NSW Greens have launched a push to tax luxury homes and investment properties owned by the mega rich to help tackle the state's affordable housing shortfall.

The party's Extreme Wealth Property Tax package, announced on Sunday, includes plans to raise land tax for property developers and owners of mega-mansions worth tens of millions of dollars.

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