Housing policy peak National Shelter has challenged the Federal Government to be bold in theface of pressure from vested interests and not squander the chance to reform the tax treatment of
Responding to reports on a key speech the Treasurer Scott Morrison is due to make this morning,National Shelter spokesperson Adrian Pisarski said that there is no evidence that curbing the excessive generosity of tax concessions will raise rents.
“The Treasurer is right to focus on renters but derelict in not considering adjustments to tax concessions for “mum and dad" investors,” Mr Pisarski said.
“There is no evidence that curbing the excessive generosity of tax concessions will raise rents.
See the full release attached.