Queensland developers given tax incentives to help fix housing crisis

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Queensland developers given tax incentives to help fix housing crisis
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Property developers in Queensland could receive tax exemption from the state government to help ease the housing crisis.

Under a new policy, investors of build-to-rent projects won’t have to pay a foreign investor land tax and duty surcharge for 20 years.

They could also get 50 per cent off their land tax bill if one in ten units in a development are set aside for affordable housing.The government announced rental reforms, including a cap on rent increases.

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