The Australian Senate Economics Legislation Committee has issued its report on the Treasury Laws Amendment (Build to Rent) Bill 2024 (the BTR bill) and the Capital Works (Build to Rent Misuse Tax) Bill 2024 (the imposition bill). The BTR bill aims to increase the supply of rental housing, including affordable tenancies, by providing tax and other incentives for institutional investors to support the construction of new BTR developments. In particular, the BTR bill amends the Income Tax Assessment Act 1936, Income Tax Assessment Act 1997, and Taxation Administration Act 1953 to provide incentives for investors to support the construction of...