Tax specialists and industry figures warned the ban on evicting tenants in financial stress would leave many landlords exposed, since mortgage deferrals only postpone repayments and add interest back onto the loan. PIPA chairman Peter Koulizos said most investors earned average wages and owned a single property, so land tax concessions would miss them, and argued that cash flow support was the more urgent need.
Reported by
Nila Sweeney, Australian Financial Review, 30 March 2020
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