The Age
·general
·1 hour ago
The $4.2b infrastructure war chest local councils say they can’t spend
Local councils in NSW are sitting on $4.2 billion in unspent infrastructure funds that could facilitate thousands of new homes. An analysis revealed that funding has doubled over the past decade, yet councils struggle to allocate it due to complex regulations. UDIA's chief executive criticized the situation, calling for state intervention to address the ongoing housing crisis.
Summary by Glance · The Age
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