11 Mar 2024

Tax breaks for landlords no longer to be backdated

From Morning Report, 6:42 am on 11 March 2024

The government's first 100 days are over and its first new announcement has come with a backtrack on backdating their tax break for landlords.

From next month, interest deductibility for landlords is being restored - but National's coalition agreement with ACT promised it would be backdated.

Opposition parties are sceptical the savings will be passed on to tenants.

Giles Dexter reports.