The NSW Government is introducing a #landtax discount for new build-to-rent housing projects until 2040 and a new Housing Diversity SEPP to provide more housing options, greater surety for renters, boost construction and support jobs during the COVID-19 recovery.

Key Facts:

– Concessions apply to BTR developments that commence construction after 1 July 2020.

– The concession is available from the 2021 land tax year.

– A significant proportion of the construction labour force hours must involve work by certain classes of workers: apprentices, trainees, graduates, long term unemployed workers, workers requiring upskilling, workers with barriers to employment or Aboriginal job seekers.

– The concessions are provided until 2040.

– Developers that subdivide within 15 years of receiving the concessions will be required to repay the benefit.

For more info visit –

Treasurer Guidelines –