{"id":15879,"date":"2018-12-19T18:21:39","date_gmt":"2018-12-19T05:21:39","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=15879"},"modified":"2018-12-19T18:21:39","modified_gmt":"2018-12-19T05:21:39","slug":"nsw-can-bank-on-a-property-recovery-around-2020-treasurer-says","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/nsw-can-bank-on-a-property-recovery-around-2020-treasurer-says\/","title":{"rendered":"NSW can bank on a property recovery around 2020, Treasurer says"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0There has been a 10 per cent downturn in the property market, the Treasurer said.Getty Images: Andrew Merry<\/strong><\/p>\n<p class=\"first\">The New South Wales mid-year budget update is banking on plummeting property prices beginning to stabilise next financial year, before starting to climb again in late 2020.<\/p>\n<p>The cooling property market and the statewide drought have been described by Treasurer Dominic Perrottet as two of the biggest &#8220;headwinds&#8221; facing the economy, but he insists the state&#8217;s finances are &#8220;rock solid&#8221;.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.abc.net.au\/news\/2018-12-18\/nsw-holding-out-for-a-property-recovery-around-2020\/10630988\">ABC<\/a><\/p>\n<p>https:\/\/www.instagram.com\/p\/BrCGQZKlSbS\/<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"0ZJETETjkW\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/advertisingrates\/\">Advertising Rates<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cAdvertising Rates\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/advertisingrates\/embed\/#?secret=wyCT9Somo6#?secret=0ZJETETjkW\" data-secret=\"0ZJETETjkW\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0There has been a 10 per cent downturn in<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/nsw-can-bank-on-a-property-recovery-around-2020-treasurer-says\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":15880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478098521,478098566,478098562,478099855,478098556,478102778,478101743,478099125,478101994,478098579,478098510,478098616,478102776,478098514,478098511,478098509,478098536,478098618,478102777],"class_list":["entry","author-data123nz","post-15879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australians","tag-first-home-buyers","tag-foreign-buyers","tag-new-south-wales","tag-nsw","tag-plummeting-property-prices","tag-property-correction","tag-property-crash","tag-property-downturn","tag-property-market","tag-property-news","tag-property-prices","tag-property-recovery","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-sydney","tag-sydney-property","tag-treasurer-dominic-perrottet"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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