Independent MP Allegra Spender proposes tax exemption for renting spare rooms or granny flats to address Australia's housing shortage.
Independent MP Allegra Spender proposes allowing homeowners to rent spare rooms or granny flats without facing a tax penalty amidst Australia's worsening housing crisis. The National Housing Supply and Affordability Council's report reveals the federal government's target of building 1.2 million homes over five years will fall short by 250,000 homes due to industry constraints, complex planning processes, and limited land. Housing affordability worsened in 2023 with mortgage repayments rising up to 60%.
May 03, 2024
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