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Australia Affordable Housing

K&L Gates LLP

The Rules That Apply to Foreign Persons Purchasing Established Homes in Australia are Going to Change on 1 April 2025...So, You...

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The Hon. Jim Chalmers MP, Federal Treasurer and the Hon. Clare O'Neil MP, Minister for Housing, Minister for Homelessness issued a joint media release on 16 February 2025 titled "Albanese Government clamping down on foreign...more

K&L Gates LLP

Build-to-Rent - Australian Income Tax Concessions: Foundations Laid, but Potential Cracks and Missing Features May Yet Plague a...

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The Australian government has, nearly 12 months after announcing them, released draft legislation to implement two key income tax incentives for build-to-rent (BTR) projects: Extending the 15% withholding tax for foreign...more

K&L Gates LLP

BTR Series Part 10: BTR and Investment Structuring—What Do Investors Need to Know Now?

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In this final Part 10 of our build-to-rent (BTR) series, we identify some key investment structuring challenges for investors in new BTR assets in Australia, and consider how investors may be able to overcome some of them...more

K&L Gates LLP

BTR Series Part 7: Residential Sector—Impacts on the Home Ownership Market and Other Sectors Such as Retirement Living

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In Part 7 of our build to rent (BTR) Series, we take a look at the current BTR market in Australia and the potential impacts of BTR developments on the residential sector....more

K&L Gates LLP

BTR Series Part 6: Residential Tenancy Benefits - What Are the Benefits to Occupants?

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It is common understanding that the Australian Government has historically resisted policy changes to reduce tax barriers to a successful build-to-rent (BTR) sector, for fear of being viewed as favouring institutional and...more

K&L Gates LLP

BTR Series Part 5: Debt Funds Options—NHFIC and Alternatives

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Investment in build to rent (BTR) residential developments is being driven by community and government demand, tax and other government incentives, longer term returns and lower maintenance costs and incentives compared to...more

K&L Gates LLP

BTR Series Part 4: Affordable Housing and Key Worker Housing—What Role Do These Play in the BTR Solution?

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Australia is currently experiencing a national housing affordability crisis that continually worsens. One solution to the urgent need for more social and affordable housing lies in the build to rent (BTR) model....more

K&L Gates LLP

BTR Series Part 1: The Housing Crisis–A Big Problem in Search of a Solution

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The housing crisis in Australia has been brewing for more than a generation.  The symptoms are painful and obvious and include: The gap between supply (with supply-side problems) and increasing demand...more

K&L Gates LLP

Queensland Announces Tax Breaks to Drive Investment in Affordable Housing

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Introduction - The Queensland Treasurer has announced that the state’s growing Build-to-Rent (BTR) sector will receive significant tax incentives from the Queensland Government....more

Jones Day

Australia Raises Capital Gains Withholding Rate for Foreign Residents in Real Estate Transactions

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The Australian Commonwealth Government first introduced foreign resident capital gains withholding payments in July 2016 at a rate of 10 percent, in response to issues in collecting tax from foreign resident sellers and...more

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