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Industry slams Greens plan to axe investor tax perks, limit rent rises

Press coverage 10 April 2025 Summary of published coverage
Industry slams Greens plan to axe investor tax perks, limit rent rises

Industry figures criticised a Greens proposal to restrict negative gearing for owners of multiple properties and cap rent increases, warning it would trigger a wave of investor sales and push rents higher. PIPA chair Nicola McDougall said discouraging investment during a rental shortage would be unwise, citing survey data in which 14.1 per cent of investors had offloaded a property over the previous year. REIA president Leanne Pilkington estimated rents could rise 7 to 12 per cent.

Reported by

Adam Devine, news.com.au, 10 April 2025

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