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Mike Zorbas

Proposed ‘thin capitalisation’ rules could torpedo housing targets

With its proposed ‘thin capitalisation’ legislation, the federal government is about to perform a slow-motion own goal on housing that will hit supply in the rental market hardest.

On Wednesday, the Australian government returns its Housing Australia Future Fund to the parliament.

It remains vital to increase the supply of social and affordable housing in our wealthy and land-rich nation. Thirty thousand federal homes and another 10,000 from states would certainly help.

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Mike Zorbas is chief executive of the Property Council of Australia

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    Original URL: https://www.afr.com/property/residential/proposed-thin-capitalisation-rules-could-torpedo-housing-targets-20230801-p5dswi