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HomeFund
HomeFund was a scheme set up by the New South Wales state government and operated through co-operative housing societies that allowed people who would not otherwise be able to afford a home to take out loans that would allow them to purchase a home. The scheme was especially targeted at public housing tenants. The scheme was originally set up by the Labor Party government of Neville Wran in the mid-1980s. Problems started to emerge when the then-new Coalition government of Nick Greiner raised public housing rents and started to market more aggressively toward public housing Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. Although the common goal of public housing is to provide affordable housing, the details, terminology, def ... tenants, with some people receiving 30-year loans even though they were already aged into their 70s and 80s. Interest rates for the scheme rose to around 15.9%, ...
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Housing NSW
Housing NSW, formerly the Housing Commission of New South Wales and before that the New South Wales Housing Board, was an agency of the Department of Communities and Justice that was responsible for the provision and management of public housing services with the aim to prevent homelessness in the state of New South Wales, Australia. The agency was established pursuant to the . Purpose and function Housing NSW provides a range of services including public and community housing, housing for people of Aboriginal and Torres Strait Islander backgrounds, support services for people with special needs linked to government and non-government agencies, private rental assistance and subsidies, advice and assistance for home-buyers, the development of affordable housing, community regeneration, and development and regulation of social housing policies. Initially the role of the Housing Commission was to investigate housing affordability and standards, co-ordinate with associated agencies, ...
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New South Wales
) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of New South Wales , established_title2 = Establishment , established_date2 = 26 January 1788 , established_title3 = Responsible government , established_date3 = 6 June 1856 , established_title4 = Federation , established_date4 = 1 January 1901 , named_for = Wales , demonym = , capital = Sydney , largest_city = capital , coordinates = , admin_center = 128 local government areas , admin_center_type = Administration , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Margaret Beazley , leader_title3 = Premier , leader_name3 = Dominic Perrottet (Liberal) , national_representation = Parliament of Australia , national_representation_type1 = Senat ...
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Government Of New South Wales
The Government of New South Wales, also known as the NSW Government, is the Australian state democratic administrative authority of New South Wales. It is currently held by a coalition of the Liberal Party and the National Party. The Government of New South Wales, a parliamentary constitutional monarchy, was formed in 1856 as prescribed in its Constitution, as amended from time to time. Since the Federation of Australia in 1901, New South Wales has been a state of the Commonwealth of Australia, and the Constitution of Australia regulates its relationship with the Commonwealth. Under the Australian Constitution, New South Wales, as with all states, ceded legislative and judicial supremacy to the Commonwealth, but retained powers in all matters not in conflict with the Commonwealth. Executive and judicial powers New South Wales is governed according to the principles of the Westminster system, a form of parliamentary government based on the model of the United Kingdom. Legisl ...
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Australian Labor Party (New South Wales Branch)
The Australian Labor Party (New South Wales Branch), also known as NSW Labor, is the New South Wales branch of the Australian Labor Party. The parliamentary leader is elected from and by the members of the party caucus, comprising all party members in the Legislative Assembly and Legislative Council. The party factions have a strong influence on the election of the leader. The leader's position is dependent on the continuing support of the caucus (and party factions) and the leader may be deposed by failing to win a vote of confidence of parliamentary members. By convention, the premier sits in the Legislative Assembly, and is the leader of the party controlling a majority in that house. The party leader also typically is a member of the Assembly, though this is not a strict party constitutional requirement. Barrie Unsworth, for example, was elected party leader while a member of the Legislative Council. He then transferred to the Assembly by winning a seat at a by-election. W ...
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Neville Wran
Neville Kenneth Wran, (11 October 1926 – 20 April 2014) was an Australian politician who was the Premier of New South Wales from 1976 to 1986. He was the national president of the Australian Labor Party (ALP) from 1980 to 1986 and chairman of both the Lionel Murphy Foundation and the Commonwealth Scientific and Industrial Research Organisation (CSIRO) from 1986 to 1991. Early years Wran was born in the Sydney suburb of Paddington, the eighth and last child of Joseph Wran and his wife Lillian (née Langley). He was educated at Nicholson Street Public School, Balmain, Fort Street Boys High and the University of Sydney, where he was a member of the Liberal Club, and from which he gained a Bachelor of Laws in 1948. He was admitted as a solicitor in 1951, called to the Bar in 1957, and became a Queen's Counsel in 1968. His great-grandfather, the eminent High Victorian architectural sculptor, Thomas Vallance Wran (1832-1891), whose carvings can be seen on the Martin Place front ...
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Coalition (Australia)
The Liberal–National Coalition, commonly known simply as "the Coalition" or informally as the LNP, is an alliance of centre-right political parties that forms one of the two major groupings in Australian federal politics. The two partners in the Coalition are the Liberal Party of Australia and the National Party of Australia (the latter previously known as the Country Party and the National Country Party). Its main opponent is the Australian Labor Party (ALP); the two forces are often regarded as operating in a two-party system. The Coalition was last in government from the 2013 federal election, before being unsuccessful at re-election in the 2022 Australian federal election. The group is led by Peter Dutton, who succeeded Scott Morrison after the 2022 Australian federal election. The two parties in the Coalition have different voter bases, with the Liberals – the larger party – drawing most of their vote from urban areas and the Nationals operating almost exclusively i ...
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Nick Greiner
Nicholas Frank Hugo Greiner (;) (born 27 April 1947) is an Australian politician who served as the 37th Premier of New South Wales from 1988 to 1992. Greiner was Leader of the New South Wales Division of the Liberal Party from 1983 to 1992 and Leader of the Opposition from 1983 to 1988. Greiner had served as the Federal President of the Liberal Party of Australia from 2017 to 2020. He is the current Consul-General in the United States of America, New York. Early life Greiner was born in Budapest, Hungary to a Hungarian father and a Slovak mother. His mother was of half-Jewish ancestry and was imprisoned in a Nazi concentration camp during the Holocaust. His parents subsequently moved to Vienna before arriving in Australia in the early 1950s. He was educated at Saint Ignatius' College, Riverview in Sydney's lower North Shore, before graduating with honours in Economics at the University of Sydney. Later he attended Harvard Business School and achieved an MBA with High Distinct ...
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