Under a new policy, investors of build-to-rent projects won’t have to pay a foreign investor land tax and duty surcharge for 20 years.
They could also get 50 per cent off their land tax bill if one in ten units in a development are set aside for affordable housing.The government announced rental reforms, including a cap on rent increases.
Give mortgage owners that tax exemption instead. They're the ones really feeling the pinch
So who is going to make up the tax shortfall? Won't be mining thanks to labor & the greens. Maybe lobby Albanese to stop flooding Australia with immigrants. Could tax alcohol again. Always a winner. Maybe a good land tax? People like that one.
Riiiight. That's gonna ease the housing crisis
But still real estates continue their propaganda to increase the prices. Australian Federal Parliament is disqualified, because it failed to pass new laws to control prices on accommodation & energy. 🤔
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Source: brisbanetimes - 🏆 13. / 67 Read more »