Mirage News
Tax breaks for investors using homes as short-stay accommodation could be costing Australian taxpayers hundreds of millions of dollars per year, according to a new report by Everybody’s Home. The [Short-Stay Subsidy] report estimates that this financial year the budget could be losing between $111 million and $556 million in forgone revenue through negative gearing
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Short-Stay Investors Profit as Renters Struggle | Mirage News
Mirage News
15:22
Tax breaks for investors using homes as short-stay accommodation could be costing Australian taxpayers hundreds of millions of dollars per year, according to a new report by Everybody’s Home. The [Short-Stay Subsidy] report estimates that this financial year the budget could be losing between $111 million and $556 million in forgone revenue through negative gearing
