Infrastructure NSW says buybacks on Sydney’s fringe could cost $5.2bn but expert argues price would be ‘nowhere near’ that
- Get our free news app, morning email briefing and daily news podcast
A large-scale property buyback scheme in flood-affected parts of the Hawkesbury-Nepean valley would cost more than $5bn, according to the New South Wales government’s own estimates.
But experts have questioned the price tag, saying more targeted buybacks would be cheaper than the Coalition government’s plan to raise the Warragamba Dam wall.
Sign up to receive an email with the top stories from Guardian Australia every morning