\u2018Build to Rent\u2019 Hearing Shows Labor\u2019s in Disarray on Housing<\/p>\n\n\n\n
Today\u2019s Senate Economics Committee hearings demonstrate Labor is out of ideas on housing.<\/p>\n\n\n\n
One of their warped ideas to advantage foreign investors to own Australian housing was considered in detail. Labor\u2019s \u2018Build-to-Rent\u2019 scheme is both a perversion of the Australian Dream and technically unworkable.<\/p>\n\n\n\n
Some assert this is a bizarre policy option. Independent economist Cameron Murray told the committee of the tax status quo:<\/p>\n\n\n\n
\u201cIt\u2019s not clear why local investors shouldn\u2019t be advantaged over foreign investors in Australian housing.\u201d<\/p>\n\n\n\n
It is a good point. The Coalition doesn\u2019t want foreign fund managers and super funds to take out Mums and Dads as owners of Australian housing. Others claim the proposed law won\u2019t work.<\/p>\n\n\n\n
The Property Council said \u201cin their current state, the Bills will undermine the government\u2019s stated intention\u2026\u201d<\/p>\n\n\n\n
\u2018Build-to-Rent\u2019 would change the character of Australian housing from individuals to institutions. This is another sad chapter in Labor\u2019s destruction of the Australian Dream.<\/p>\n\n\n\n
Labor has failed on housing. The Committee will table its Report on 04 September 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u2018Build to Rent\u2019 Hearing Shows Labor\u2019s in Disarray on Housing Today\u2019s Senate Economics Committee hearings demonstrate Labor is out of ideas on housing. One of their warped ideas to advantage foreign investors to own Australian housing was considered in detail. Labor\u2019s \u2018Build-to-Rent\u2019 scheme is both a perversion of the Australian Dream and technically unworkable. Some … Continue reading “\u2018Build to Rent\u2019 Hearing Shows Labor\u2019s in Disarray on Housing”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28331","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/28331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=28331"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/28331\/revisions"}],"predecessor-version":[{"id":28332,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/28331\/revisions\/28332"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=28331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=28331"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=28331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}