Daniel Mookhey: best way to fix the rental crisis is to build, new NSW treasurer says

While some of those cities have implemented rent freezes and caps, the treasurer rules out such policies, insisting they are not necessarily working.

Mookhey, the son of Indian migrants, says the benefits of having a stable home should not be underestimated. At just five, his father died, leaving his mother widowed in western Sydney.

The government has promised to set aside 30% of government land for social, affordable and diverse housing.

Success to the treasurer looks like creating a state where people can live in a house they can afford, while working a job that pays them a decent wage, near good schools and hospitals.

However, energy supply and power bills are near the top of the long list of state woes.

Last week he met with the prospective buyers of the Eraring power station, slated to close in 2025.

Many in the industry have speculated that the government will ask the coal-fired station to remain open, which is an option the treasurer has refused to rule out.