New South Wales Budget 2025

The New South Wales Budget introduces key measures to incentivise investment, including new measures benefitting developers on new housing system and projects, as outlined by Jenny Lee, Benita Siswojo and Jie Ding.

New South Wales (NSW) State Treasurer Daniel Mookhey, on 24 June 2025, handed down the 2025-2026 Budget. The Budget contains no new taxes nor any significant changes to taxes. The Budget does introduce key measures to incentivise investment, including new measures benefitting developers on new housing system and projects, a permanent 50 percent land tax reduction for eligible build-to-rent (BTR) projects and a five-year royalty deferral scheme for critical minerals projects starting between...

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Authors: Jenny Lee, Benita Siswojo,

Published Date: 25 June 2025