Thin Capitalisation legislation passage ‘will shrink housing supply’
Content details
Title
Thin Capitalisation legislation passage ‘will shrink housing supply’
Industry Body
Subject
Last week, the Senate passed the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share – Integrity and Transparency) Bill 2023, more commonly known as the Thin Capitalisation legislation. “Australia has long relied on overseas investment to build the best parts of our cities. This legislation will deter international investment in key city building projects and work against the government’s housing supply targets,” Property Council Chief Executive Mike Zorbas said.
Publishing date
04 April 24
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