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AAP
AAP
Politics
Poppy Johnston

Rental housing supply boost promised under tax tweaks

Housing
New tax concessions will encourage build-to-rent developments in a bid to ease the rental crisis. (Jono Searle/AAP PHOTOS)

Tens of thousands of extra rental properties will be added to the housing stock under altered tax settings that have passed parliament.

The changes, which cleared the Senate on Thursday, pave the way for more build-to-rent housing, a model involving developers and financiers holding onto larger-scale housing developments to rent homes out long term.

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