PropertInvestors News Blog News Another tax, fewer homes: HIA warns trust tax will hurt housing supply – Property Buzz
News

Another tax, fewer homes: HIA warns trust tax will hurt housing supply – Property Buzz

HIA Warns Trust Tax Threatens Housing Supply, Contradicts Government Goals

CANBERRA, ACT – The Housing Industry Association (HIA) has lodged a vehement formal submission with the Treasury, expressing strong opposition to the federal government’s proposed minimum tax on discretionary trusts. The peak industry body warns that the contentious measure directly undermines the Albanese Government’s ambitious housing supply commitments, potentially exacerbating the nation’s housing crisis rather than alleviating it.

The HIA’s stance

Source: Read full article

Exit mobile version