Developers plan 280 luxury apartments in Pyrmont with government financing

Developers in Sydney plan to construct 280 luxury apartments in Pyrmont, benefiting from the state government's $1 billion financing scheme. Planning Minister Paul Scully emphasized the urgency for new homes, stating, 'NSW needs new homes sooner.' The initiative aims to facilitate the construction of about 15,000 homes over five years despite skepticism from the opposition.

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