Maxwell Shifman

Cut 30pc tax on build-to-rent in budget, property leaders say

Ahead of the March 2022 federal budget, UDIA president Maxwell Shifman urged adoption of the Falinski committee's housing recommendations, including review of build-to-rent and land tax, and equal tax treatment for BTR so it can attract domestic and international institutional capital through managed investment trusts.

As I told the Australian Financial Review: “We want to see the Falinski recommendations adopted in full, including the review into BTR and land tax,”

I also said: “Given the capital requirements, BTR needs the ability to attract large investment funds from both domestic and international funds, both of which usually invest through managed investment trusts,”

Cut 30pc tax on build-to-rent in budget, property leaders say
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Australian Financial Review, 28 March 2022 — Read the full article