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New homeowners are on the rise in NSW with latest figures showing an 11 per cent increase in first homeowner grants over the last financial year.
The NSW government made the announcement on Thursday with Treasurer Gladys Berejiklian attributing the rise to an increase in supply in houses and apartments.
“We have consistently said that supply is the key to putting downward pressure on prices,” she said
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The Hon Gladys Berejiklian MP, the NSW Treasurer. Photo: Louise Kennerley