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Flood-prone northern NSW homes to be targeted under $800m buyback scheme


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About 2,000 homes could be purchased or retrofitted under plan being announced by Anthony Albanese and Dominic Perrottet

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Homeowners in areas where major flooding poses a “catastrophic risk to life” in New South Wales’s northern rivers region will be eligible to sell their property to the government as part of a long-awaited $800m housing scheme.

Anthony Albanese and the NSW premier, Dominic Perrottet, will announce the plan in Lismore on Friday, almost nine months after residents used dinghies to save each other from roofs as flood water rose to never-before-seen levels in February and March.

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Continue reading…About 2,000 homes could be purchased or retrofitted under plan being announced by Anthony Albanese and Dominic PerrottetGet our morning and afternoon news emails, free app or daily news podcastHomeowners in areas where major flooding poses a “catastrophic risk to life” in New South Wales’s northern rivers region will be eligible to sell their property to the government as part of a long-awaited $800m housing scheme.Anthony Albanese and the NSW premier, Dominic Perrottet, will announce the plan in Lismore on Friday, almost nine months after residents used dinghies to save each other from roofs as flood water rose to never-before-seen levels in February and March.Sign up for our free morning newsletter and afternoon email to get your daily news roundup Continue reading…