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Scott Morrison slams property sector for wanting unfair build-to-rent tax breaks

Jacob Greber

Treasurer Scott Morrison has lashed out at the property sector and Labor opposition saying they are effectively demanding for developers a tax concession that would be out of reach for most other Australian investors.

Speaking from China, Mr Morrison staunchly defended the government's surprise decision last week to block managed investment trusts from buying residential property except for affordable housing.

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Jacob Greber was The Australian Financial Review’s senior political correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com

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    Original URL: https://www.afr.com/policy/economy/morrison-slams-property-sector-for-wanting-unfair-buildtorent-tax-breaks-20170917-gyj3qa