Nation of renters? The shocking tax loophole handing Aussie land to foreign billionaires

Jason Matthews on 4BC Breakfast and property expert Tom Panos expose a federal tax break that slashes withholding tax to 15% for foreign private equity firms building build-to-rent apartment blocks. They warned that penalising local Aussie investors with red tape and strict borrowing rules threatens to turn the country into a nation of permanent renters.See omnystudio.com/listener for privacy information.